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Although profitable, Cava shares are still very expensive, priced at more than 300 times this year's expected per-share earnings of $0.42 and just under 300 times next year's expected $0.50. The ...
Cava's Mediterranean-themed restaurants are executing well and spreading fast, which hints at the huge opportunity ahead. 3 Reasons to Buy Cava Stock Like There's No Tomorrow Skip to main content
Cava has only 352 restaurants right now, but each one is bringing in a lot of sales, and average unit volume increased from $2.7 million in the second quarter to $2.8 million in the third quarter ...
Cava ended the quarter with 352 restaurants, with 11 net new locations opened during the period. Given its modest size, there's still plenty of room for Cava to get a lot bigger in the future, and ...
There's now 352 Cava restaurants around the US. Tim, I've done some back-of-the-napkin math here, and I want your take on it. This company's got a market cap of about $18.3 billion.
By December 2022, the Cava Group had significantly reduced the number of Zoe's Kitchen locations. As of May 2023, all Zoe's Kitchen restaurants had closed, and many had been replaced by Cava restaurants. On June 15, 2023, Cava made its public debut on the NYSE under the symbol CAVA. [16]
Cava went public in June 2023 and is now on track to do over $11 billion in revenue this year, per estimates from Visible Alpha, and its early pace of growth has even eclipsed what Chipotle ...
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 ...