Search results
Results from the WOW.Com Content Network
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 market cap is currently around $16.2 billion, which roughly equates to $46 million for each of its 352 restaurants. ... (the same year Cava's original three founders decided to launch ...
Shaich believed in people's desire for Mediterranean fast-casual cuisine and the potential of the Cava brand. Shaich conceptualized and led Cava's acquisition of public company Zoe's Kitchen, which was five times larger than Cava and allowed Cava to hyper scale into a category-dominant brand company with 250 locations as of October 2023. [7] [47]
Also, Cava's restaurant count, which had reached 352 at the end of fiscal Q3, rose 21% year over year, and its same-restaurant sales grew 11% during that period.
However, something late in the month threw a little cold water on all this. Several insiders sold shares, including co-founder and CEO Brett Schulman, who sold about 200,000 shares on Aug. 26.
2. Cava is expanding quickly. In the second quarter of 2024, Chipotle opened 52 new locations. Cava opened just 18 new restaurants. But when you compare those numbers to the store bases of each of ...
This is a list of bottled water brands. Bottled water is drinking water (e.g., well water, distilled water, mineral water, or spring water) packaged in plastic, cartons, aluminum, or glass water bottles. Bottled water may be carbonated or not. Sizes range from small single serving bottles to large carboys for water coolers. The environmental ...
Dutch Bros' location count jumped from 671 to 950 over the same period. ... Cava's profitable growth story and deep insider commitment make the Mediterranean option slightly more attractive to me.