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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 ...
There's now 352 Cava restaurants around the US. Tim, I've done some back-of-the-napkin math here, and I want your take on it. This company's got a market cap of about $18.3 billion.
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 opened just 18 new restaurants. But when you compare those numbers to the store bases of each of these companies, you start to see a notable difference. At 341 stores, 18 locations is a ...
Cava went public in June 2023 and is now on track to do over $11 billion in revenue this year, per estimates from Visible Alpha, and its early pace of growth has even eclipsed what Chipotle ...
By December 2022, the Cava Group had significantly reduced the number of Zoe's Kitchen locations. As of May 2023, all Zoe's Kitchen restaurants had closed, and many had been replaced by Cava restaurants. On June 15, 2023, Cava made its public debut on the NYSE under the symbol CAVA. [16]
Cava Group (NYSE: CAVA) isn't exactly a household name -- yet. Most consumers have probably never even heard of it, let alone eaten at one of its 323 restaurants spread across 25 states. Indeed ...
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