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Back in June, Cava almost doubled on its trading debut, surging 99% from the IPO price to give the company a market value of $4.9 billion. “Experience would suggest there will be other entry ...
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
If Cava can grow the way Chipotle has grown, well, there's a huge, long-term investment opportunity here. That brings up the same-store sales comparison that has Wall Street upset with Chipotle.
Fast casual dining has become one of the most popular options for diners over the last several years. So far in 2024, Cava stock is up 98% while shares of Chipotle have gained 25% -- each handily ...
After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.
By comparison, investors valued Chipotle at about $4 million per restaurant when the same amount of time had passed since its January 2006 IPO (the same year Cava's original three founders decided ...
For context, Chipotle currently has about 3,200 stores and has a long-term goal of 7,000 locations in North America alone, which dwarfs Cava's ambition by comparison.
As of April 1, Cava's AUV was hitting an all-time high of over $2.5 million -- that's close enough to Chipotle's to be a valid comparison. As you'd expect with high AUV, Cava also has strong ...
Cava Group Inc.’s stock has surged since it started life as a listed company last month, and analysts generally agree further gains are on the way, with some comparing the fast-casual restaurant ...
Far from it. Chipotle is still wildly popular, having scaled to more than 3,250 restaurants in the US, Canada, the UK, France, and Germany. But Chipotle isn't the darling of the ball anymore.