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You go eat at home. Cava wants you in the store. But what they want to do is use the digital channel and particularly the loyalty program to get you interested in the menu and engaging with the menu.
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 ...
Try recipes like our Turmeric Chicken & Avocado Wraps and Lemon-Dill Tuna Salad for a flavorful lunch. Turmeric Chicken & Avocado Wraps Heami Lee, Food Stylist: Emily Nabors Hall, Prop Stylist ...
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 capitalization is up over $10 billion, whereas Cracker Barrel's has sunk down to a measly $1 billion. Therefore, Cava is worth 10 Cracker Barrels, in a manner of speaking. CAVA ...
The trend Cardenas notes comes at a time when consumers are seeing fast food as unaffordable, with 78% of Americans calling fast food a “luxury” because of its price tag, and 60% saying they ...
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 ...
Cava's stock closed at $137.24 on Monday, putting its price-to-earnings multiple at more than 330. Even based on analyst projections, it's trading at over 277 times next year's profits.