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As of the ends of their respective second quarters, Chipotle was operating 3,530 restaurants, while younger upstart Cava had only 341 locations. In Q2, Chipotle generated $2.97 billion in revenue ...
Cava also won with same-restaurant sales growth (comps) of 18.1% compared to Chipotle's comps of 6%. It is worth noting that Cava's comps growth benefited from a 12.9% increase in guest traffic ...
By comparison, Cava is a tiny little restaurant chain with just 320 or so locations. But it opened 14 new sites in the first quarter of 2024. All told, the store base grew a huge 22% year over year!
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. [3] [4] The combined company is the largest restaurant operator in the Mediterranean category in the U.S ...
Cava and Chipotle stock have each outperformed the S&P 500 so far this year. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24 ...
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 ...
Chipotle had 16 restaurants (all in Colorado) when McDonald's Corporation became a major investor in 1998. By the time McDonald's fully divested itself from Chipotle in 2006, the chain had grown to over 500 locations. [11] With more than 2,000 locations, Chipotle had a net income of US$475.6 million and a staff of more than 45,000 employees in ...
Southern California Lazy Dog Restaurant & Bar: Huntington Beach, California: 2003 40 West and Midwest Luby's: San Antonio, Texas: 1947 Houston, Texas: 83 Texas Marie Callender's: Orange, California: 1964 Mission Viejo, California: 25 California, Nevada, Utah Metro Diner: Tampa, Florida: 1992 Jacksonville, Florida: 57 East Coast and Indiana Norm ...