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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]
Cava Group (NYSE: CAVA) was one of the better-performing names in 2024. Even after a recent pullback, the stock has risen by more than 175% over the last year, likely because many saw it as a ...
Cava only held its IPO in mid-2023, so it is still a very young company. At the end of its first quarter as a public company it operated just 279 locations. At the end of the second quarter of ...
CAVA, for those who have never been, is a fast-casual Mediterranean restaurant chain that offers a fresh, customizable dining experience. Known for its flavorful, health-conscious menu, CAVA ...
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 ...
Cava's Mediterranean-themed restaurants are executing well and spreading fast, ... you start to see a notable difference. At 341 stores, 18 locations is a roughly 5% change. With 3,500 locations ...
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 said is a "very manageable outcome."
There is another reason why Cava's stock came out of the gate gangbusters: Its chairman. Skip to main content. Subscriptions; Animals. Business. Fitness. Food. Games. Health. Home & Garden ...