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Cava Group (NYSE: CAVA) was one of the hottest restaurant stocks to own last year. In 2024, the stock soared by an incredible 162% as investors were thrilled with the company's impressive results.
Fast-casual restaurant stocks are having a moment.
Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $484,170!* Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be ...
If you go back to third-quarter 2018 and 2019, which is a strong period for Chipotle between its food-borne illness issues and COVID, its RLMs were 18.7% and 20.8%, so Cava is very well situated ...
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]
To put this another way, this assumes that Cava's stock performance will match the growth of its business. With what I penciled in above, the company could be looking at around 20% year-over-year ...
Cava Group (NYSE: CAVA) has been one of the hottest restaurant stocks to own this year. As of Nov. 12, the stock is up a mammoth 237%, wildly outperforming the S&P 500, which is by no means having ...
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