Chipotle just reported "weak" same-store sales. Get ready for Cava to do the same -- and don't worry too much about it.
Cava Group (CAVA) is a fast-casual Mediterranean restaurant chain that went public in June 2023. Since its initial public ...
In 2024, it expects to open around 55 new locations. Even better is Cava's traffic and same-store sales growth. When a Cava opens in a new location, it consistently sees upticks in traffic when ...
In the third quarter of 2024, Chipotle's same-store sales growth came in at 6% (more on this in a second). And while Cava ...
Cava opened just 18 new restaurants. But when you compare those numbers to the store bases of each of these companies, you start to see a notable difference. At 341 stores, 18 locations is a ...
Cava has a lot of potential to get bigger in the future, but are investors already pricing in a lot of that growth?
CAVA Group's financial strength is evident with a 35% YoY revenue growth and a healthy profit margin of 26.5%. Read why I ...
Despite strong fundamentals, CAVA's valuation at 17x 2024 forward sales and 103x 2025 EBITDA is excessively high compared to peers like Chipotle. Foot traffic and store visits have normalized ...
Citi analyst Jon Tower raised the firm’s price target on Cava Group (CAVA) to $140 from $115 and keeps a Neutral rating on the shares as ...
It didn't help that the company's same-store sales came in lighter than Wall Street had hoped in the third quarter of 2024. Given the business model similarities between Chipotle and Cava Group ...