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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 now has 341 locations spread around the United States, with unit count growing by over 20% year over year last quarter. In 2024, it expects to open around 55 new locations. Even better is ...
Cava Group (NYSE: CAVA) ... The company is on track to open 56 to 58 locations this year, meaning it will finish 2024 with 365 to 367 locations. ... Consider when Nvidia made this list on April 15 ...
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.
Brett Schulman knows crazy—and he’s not talking about the feta.. The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket.
In its IPO documents, management said it thinks there is room for at least 1,000 Cava restaurant locations in the United States. Last year, it opened 72 stores, and it plans to open 50 more in 2024.
A glass of white cava. Cava (Catalan:, pl. caves; Spanish:, pl. cavas) is a sparkling wine of denominación de origen (DO) status from Spain. It may be white (blanco) or rosé (rosado). The Macabeo, Parellada and Xarel·lo are the most popular and traditional grape varieties for producing cava. [1] Chardonnay and Malvasia are also permitted.
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