Shaich, who was Cava’s largest shareholder when it went public and currently serves as the brand’s chairman, became a billionaire ... desire to move on to other ventures, he inked the deal ...

Billionaire Daniel Lubetzky built his fortune ... he has backed other popular consumer brands like fast-casual chain Cava, hair care brand Prose and Belgian Boys breakfast items.

A Cava restaurant Brooklyn last year. (Gabby Jones/Bloomberg News) Restaurant chain Cava has amassed a mountain of kitchen equipment to ensure it can keep up its aggressive growth plan this year ...

Cava Group Inc. (NYSE: CAVA), the parent company of Cava, a Mediterranean fast-casual restaurant brand, announced it is opening up to 68 new U.S. locations in fiscal 2025, after reporting better ...

Cava’s first-quarter revenue increases 28.2% year-over-year to $331.83 million, beating estimates of $326.88 million. Cava reports the same restaurant sales growth of 10.8% and traffic growth ...

Cava shares have dropped 12% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $99.06, a climb of 26% in the last 12 months.

Bottom line: CAVA delivered. Sales strength, margin control, and unit growth remain intact — keeping the growth story fully on track. CAVA shares are down 2.1% after releasing earnings after the ...

Make room for a new dining spot, Yonkers. CAVA, a Mediterranean fast-casual restaurant brand, is expanding its roots to the Cross County Center this summer in a 2,180-square-foot space. From ...

CAVA Group Inc (NYSE:CAVA) has been dubbed the 'next Chipotle,' with the Mediterranean fast casual chain vaulting up the charts since its trading debut in June 2023. The stock has struggled so far ...

CAVA's IPO saw a 120% share price increase, driven by strong revenue growth, GAAP profitability, and expansion plans targeting 1,000 restaurants by 2032. Despite an overvalued stock with an EV ...

Cava, the fast-casual Mediterranean spot, is growing so quickly that the company is expected to open 60 new locations this year, per USA Today. As of last year, Cava had 367 locations in 26 states ...