Cava (CAVA) CEO On Expansion & Growth Strategy

Cava (CAVA) is a Mediterranean fast-casual restaurant brand that operates through Cava and Zoës Kitchen. CAVA reported 2Q earnings on August 15th. Its revenue growth came in at 62.4% and its same-restaurant sales growth at 18.2%., while its 2Q adjusted EBITDA came in at $21.6M. Co-Founder and CEO Brett Schulman discusses CAVA versus other fast-casual restaurants. CAVA guides for 65-70 new CAVA restaurant openings in FY23. He then goes over what’s next for CAVA’s growth strategy. Tune in to find out more about the stock market today.

The Watch List

25 Aug 2023

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