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On one level, the stock does look expensive, trading at a price-to-earnings ratio above 200, but if you take a closer look at the numbers, you might find that Cava isn't quite as expensive as you ...
Mediterranean chain Cava beat Wall Street estimates Tuesday afternoon, with same-store sales jumping 18.1%, compared to 12.39% expected. The stock vaulted over $172 per share — an all-time high ...
One of the hottest food stocks to own this year has been that of Cava Group (NYSE: CAVA). The Mediterranean restaurant chain went public last year, and while it didn't get off to a great start ...
Cava (stylized as CAVA), also referred to as Cava Grill, is a Mediterranean fast casual restaurant chain with locations across the United States. Cava is owned by the publicly traded Cava Group, which purchased Zoës Kitchen in August 2018.
Cava’s valuation is also lofty by more traditional measures, with the stock trading at a price 243 times forward earnings, according to estimates from S&P Cap IQ.
Cava said that comparable sales surged 14.4% in the period, driven by 9.5% traffic growth. That drove revenue up 35.2% to $231.4 million, which was ahead of estimates of $219.5 million.
Second: 80% of our restaurants at Cava were already in the suburbs, and we were seeing how well-received we were and how well we were performing in the suburbs. Zoe's real-estate portfolio was 100 ...
There's now 352 Cava restaurants around the US. ... They want more people coming into the restaurants and eating in the restaurants. ... thanks so much for chatting with me today and for giving us ...