Why Is Everyone Talking About Cava?
You only need a single word to explain why investors are talking about Cava (NYSE: CAVA): growth. The potential is huge for this fast-casual restaurant that only came public in late June. Early business results are very encouraging as well. But you need to pay close attention to the details here if you buy Cava because the restaurant sector is littered with great ideas that flamed out. Here are some key factors to consider.
At the end of the second quarter of 2023, Cava had 279 locations. That's tiny. By comparison, has around 3,250 restaurants. McDonald's has about 40,000.
Image source: Getty Images.
Source Fool.com
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