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Cava's strong same-restaurant sales over the past two years have increased the company's average unit volumes (AUVs) -- the average amount of sales its restaurants generate in a year -- to $2.8 ...
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. Even better is ...
Second: 80% of our restaurants at Cava were already in the suburbs, and we were seeing how well-received we were and how well we were performing in the suburbs. Zoe's real-estate portfolio was 100 ...
Since I last wrote about Cava, the stock has gained 30% from the end of August until now. In comparison, Chipotle's shares have gained 5.69%. Looking to the future, analyst estimates are calling ...
Image source: Cava. Cava shines again. Cava said that comparable sales surged 14.4% in the period, driven by 9.5% traffic growth. That drove revenue up 35.2% to $231.4 million, which was ahead of ...
The Mediterranean-themed restaurant chain Cava Group (NYSE: CAVA) is a good example. As of April 21, Cava had only 323 locations -- about half the footprint of Cracker Barrel.
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 Market Cap data by YCharts.. Further, when comparing market cap and sales to the number of locations, Chipotle's stock looks cheaper. The average Cava restaurant has a value of $42.5 million ...
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