Is Cava’s Rapid Expansion a Risky Overstretch?
CAVA has been growing like a weed, now sporting 341 locations across 25 states. While the pace of new openings slowed slightly this year with just 33 new restaurants in the first 28 weeks of 2024 compared to 43 in 2023, the management still reported a solid 32.6% year-over-year revenue increase, and generated $487 million.
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