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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]
The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket. Since its IPO last summer, the chain’s stock has grown over 300%; it hit a new ...
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.
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 ...
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).
If Cava hits 1,000 locations and a $4 million AUV, that is $4 billion in annual revenue 10 years from now with still plenty of room for store expansion thereafter. Trailing-12-month revenue was ...
Good Times/Taco John's restaurant in Commerce City, Colorado. Good Times is a Golden, Colorado–based fast-food restaurant specializing in premium burgers and frozen custard. As of July 2023, the chain operates 31 locations (29 in Colorado and 2 in Wyoming), [2] down from 38 in 2015. [3] [4]
Cava lays out slow and steady growth plans. By 2032, the company plans to have 1,000 Cava locations. At the end of fiscal 2023, the company had 309 locations, with 72 opened last year, and plans ...