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At the end of Q3, Chipotle had more than 3,300 restaurants. ... Cava plans to open 65 to 70 new locations this year. By 2032, the company aims to operate 1,000 locations in the US, which Schulman ...
Our second quarter highlights include a 35.2% increase in CAVA revenue, driving AUV of $2.7 million, CAVA same-restaurant sales growth of 14.4%, with traffic growth of 9.5%, 18 net new restaurants ...
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]
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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 ...
In its IPO documents, management said it thinks there is room for at least 1,000 Cava restaurant locations in the United States. Last year, it opened 72 stores, and it plans to open 50 more in 2024.
Cava now plans to open 54 to 57 restaurants this year, up from 50 to 54 in previous guidance, with the goal of 1,000 restaurants total by 2032. And grilled steak, which Tolivar now says is her ...
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