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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 ...
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!
The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool recommends Cava Group and recommends the following options: short March 2025 $58 calls on Chipotle Mexican ...
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 ...
With under 400 current locations, Cava has a lot of growing to do compared to a similar enterprise like Chipotle, which has over 3,000 stores. Cava plans to open 54 to 57 new restaurants for the ...
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.
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 ...
For the period ending July 14, Cava reported same restaurant store sales growth of 14.4%. This figure simply takes into account the same restaurants that were opened a year ago.