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The company is on track to open 56 to 58 locations this year, meaning it will finish 2024 with 365 to 367 locations. ... Cava had said in its prospectus last year that it saw potential to open ...
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.
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.
In 2020, Cava Group converted seven of its Zoës Kitchen locations to Cava-branded restaurants, with plans to convert 50 more in 2021. [ 14 ] [ 15 ] [ 18 ] It has additional off-premises and digital kitchens dedicated to preparing food for online orders.
Looking at it from a price-to-sales (P/S) valuation, Cava stock is about 37 times more expensive than Cracker Barrel stock. CAVA PS Ratio Chart CAVA PS ratio data by YCharts.
The lower the percentage, the more expensive it is. In the case of Cava, it is 0.2%. ... We could start with they need to open a lot of restaurants, and those restaurants need to be profitable per ...
Comparing Cava to fast-food chains, Schulman believes his concept is so successful because it can promise what chains like McDonald’s and nicer sit-down restaurants can’t: higher-quality food ...
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