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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.
Before you buy stock in Cava Group, consider this: ... Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $722,320!*
Obviously, 30% sales growth is still very strong, but the 2.3% same-store figure is respectable for a fast-food company, though nowhere near as enticing as 18%.
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 PE Ratio (Forward 1y) data by YCharts. PE = price-to-earnings. PS = price-to-sales. Which stock is the better buy? Both of these companies are well-positioned for long-term growth.
Before you buy stock in Cava Group, consider this: ... Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $566,624!*
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These two chains have far surpassed the S&P 500 this year.