From Yahoo Finance: 2024-05-25 10:15:00

Chipotle has seen tremendous growth for shareholders over the past five years, increasing by 340%. Investors are now looking at Cava, a smaller chain that is up nearly 90% year to date and has plans to expand to 1,000 locations in the U.S. by 2032. Despite economic uncertainty, Cava has shown strong revenue growth, with revenue up 59.8% in 2023 to $729 million, and posted $13.3 million in net income last year. However, with slowing growth forecasted and increased competition, the high expectations for Cava may not be met, leading some to question its potential for success.



Read more at Yahoo Finance: Is It a Once-in-a-Generation Investment Opportunity?