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In November 2018, Cava Group bought Zoës Kitchen, a restaurant chain with more than 250 locations, in a deal worth $300 million, taking the company private and helping Cava expand further into the suburbs. [6] [17] [18] As of August 2021, there are 133 Cava locations. All Cava restaurants are company-owned, and none are franchised. [6]
Cava's strong same-restaurant sales over the past two years have increased the company's average unit volumes (AUVs) -- the average amount of sales its restaurants generate in a year -- to $2.8 ...
Cava ended the first half of 2024 with 341 locations. At the midpoint of the year, Chipotle had around 3,500 restaurants. It is an order of magnitude larger than Cava.
Zoës Kitchen was a Mediterranean Style restaurant chain, and a subsidiary of the Cava Group. [1] Their headquarters were located in Plano, Texas.In 2013, the chain had grown to host over 200 locations across 17 states, [citation needed] however, acquisition by Cava Group resulted in a reduction of Zoe's locations (some replaced by Cava restaurants).
Cava's restaurant-level profit margin was even better than Chipotle's in Q3, at 25.6% versus the burrito roller at 25.5%. In other words, Cava looks to be well on its way to earning Chipotle-like ...
GoBrands, Inc., [3] [4] doing business as Gopuff, is an American consumer goods and food delivery company headquartered in Philadelphia, Pennsylvania. [5] [6] [7] The company operates in more than 650 US cities through approximately 500 microfulfillment centers as of October 2021.
The parent company for American restaurant chain Chili's is Brinker International (NYSE: EAT), and it made its debut on the public markets way back in 1989. Now, 35 years later, Brinker stock ...
For full year 2024, we expect the following: 56 to 58 net new CAVA restaurant openings, CAVA same restaurant sales growth up 12% to 13%, CAVA restaurant level profit margin between 24.5% to 25% ...
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