Search results
Results from the WOW.Com Content Network
Cava’s market cap is currently around $16.2 billion, which roughly equates to $46 million for each of its 352 restaurants. ... (the same year Cava's original three founders decided to launch ...
[7] [9] [11] They opened the first Cava restaurant in Bethesda, Maryland, in January 2011. [9] [12] In August 2018, Zoës was acquired by Cava Group, Inc. for $300 million in total enterprise value. [13] In April 2021, Cava Group completed a $190 million series F funding round led by T. Rowe Price, bringing its value to nearly $1.3 billion. [14]
Also, Cava's restaurant count, which had reached 352 at the end of fiscal Q3, rose 21% year over year, and its same-restaurant sales grew 11% during that period.
Shares of Cava are up 261% in 2024. "That value ... The company's co-founder, ... "While Sweetgreen's shares have more than tripled so far this year to an enterprise value of 5.2 times our 2025 ...
Cava already has average unit volumes (AUV) of $2.8 million in Q3, which compares to Chipotle's at $3.2 million. Cava's restaurant-level profit margin was even better than Chipotle's in Q3, at 25. ...
In the case of Cava, it is 0.2%. In other words, the amount of required growth baked into Cava is outrageous. It's a lot of assumed free cash flow growth via new restaurant openings, expanding ...
CMG data by YCharts. Cava only held its IPO in mid-2023, so it is still a very young company. At the end of its first quarter as a public company it operated just 279 locations.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!