CG

Cava Group

CAVA
NYSEConsumer Discretionary
$87.30
USD
-2.22(-2.48%)
At close: Jun 16, 20:00 UTC

Open

$87.33

Prev. Close

$87.33

High

$87.61

Low

$87.21

Market Snapshot

Market Cap

$10.16B

P/E Ratio

164.9

EPS

1.20

Revenue

$1.04B

Why CAVA moved

Cava Group is gaining recognition for its attractive menu offerings and solid performance, positioning it as a recommended investment in the fast-casual dining sector.

About

Cava Group, Inc. is a holding company, which engages in the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company is headquartered in Washington, Washington Dc and currently employs 12,900 full-time employees. The company went IPO on 2023-06-15. The Company’s Mediterranean cuisine unites taste and health, with a menu that features chef-curated and customizable bowls and pitas. Its dips, spreads, and dressings are centrally produced and sold in grocery stores. Its menu offers a range of dietary preferences, from hearty and indulgent to vegan, vegetarian, gluten-free, dairy-free, paleo, keto, and nut-free diets. Its guests can choose a chef-curated meal or a build-your-own-bowl or pita using its 38 ingredients with over 17.4 billion combinations. The company has developed a multi-channel experience that consists of in-restaurant dining, digital pick-up, drive-thru pick-up in select restaurants, delivery, catering, and consumer packaged goods offerings, fully supported by its digital infrastructure. The company operates two production facilities: one in Maryland and one in Virginia. The company operates in approximately 26 states and the District of Columbia.

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