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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 ...
In the third quarter, Cava handily outpaced Chipotle in a few key areas. The Mediterranean restaurant chain reported revenue growth of 39% year over year, compared to Chipotle's 13%. Better Stock ...
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]
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 ...
CAVA PE Ratio data by YCharts. PE = price-to-earnings. PS = price-to-sales. When compared by both revenue and earnings, investors are paying a far higher multiple for Cava Group.
Cava is also different from almost any other player of its ilk by virtue of remaining debt-free. As of April, the company only owed $122,000 in long-term obligations versus $329,000 in cash or ...
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.