Mediterranean Restaurant Chain Cava Files for IPO. Is It Worth a Bite?
The restaurant industry could be cooking up a full menu of initial public offerings this year after 2022 saw the market turn cold toward them.
Cava Group, the owner of Mediterranean fast-casual restaurant chain Zoe's Kitchen, just filed paperwork for a confidential initial public offering, which gives it the ability to avoid public scrutiny until about 15 days before its offer date, while Fogo Hospitality and Panera Brands are also looking to go public this year.
Image source: Getty Images.
Source Fool.com
