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Dutch Bros' stores offer a more limited menu of custom beverages and some food items, while Cava's locations are full restaurants with higher-priced fare, and each one generates higher sales per unit.
The menu must be doing great. People are coming in and enjoying Cava. ... The lower the percentage, the more expensive it is. In the case of Cava, it is 0.2%. In other words, the amount of ...
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 ...
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 ...
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 ended the first half of 2024 with 341 locations. At the midpoint of the year, Chipotle had around 3,500 restaurants. It is an order of magnitude larger than Cava.
Cava, which now expects to open 50 to 54 restaurants this year, up from a Feb. 26 forecast of 48 to 50, also raised its same-restaurant sales outlook range to 4.5% to 6.5% from 3% to 5%.
Looking at it from a price-to-sales (P/S) valuation, Cava stock is about 37 times more expensive than Cracker Barrel stock. CAVA PS Ratio Chart CAVA PS ratio data by YCharts.