Can Cava Become the Next Chipotle?

Cava (NYSE: CAVA) just reported revenue of $175.5 million (up 52.5% year over year) and diluted earnings per share of $0.02 (compared to a $13.72 year-ago loss) for the 13-week period that ended Dec. 31. Both figures exceeded Wall Street estimates. It's not a surprise, then, that the stock is up 34% year to date (as of Feb. 29); investors are enthusiastic about the business.

This restaurant stock has now surged 72% in just the last three months. But some bullish shareholders likely have their sights set on bigger gains as we look out over the long term.

Can Cava become the next Chipotle Mexican Grill (NYSE: CMG)?

Source Fool.com