
CosmicTaco
Cava's Successful Bet on Fast Casual Dining
- Cava, a fast casual Mediterranean restaurant chain, has seen its shares double in six months.
- The company's success is attributed to its unique Mediterranean cuisine, high-quality ingredients, and efficient service model.
- Despite industry trends, Cava has seen near double-digit same store sales and traffic growth.
- The company's vertical integration and work with single source suppliers has allowed for cost effectiveness and scale efficiencies.
- Cava's future growth potential is compared to Chipotle, with the company aiming to expand to 4,000-8,000 units in the future.
Source: CNBC
13mo ago
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