Move Over, Chipotle -- Cava Sees Revenue Surge. Time to Buy the Stock?
In the restaurant space, investors are constantly on the lookout for what company could become the next Chipotle Mexican Grill (NYSE: CMG). And for good reason -- Chipotle's stock is up over 7,000% since it IPO'd back in 2006.
The latest contender is Cava Group (NYSE: CAVA), a Mediterranean restaurant fast-casual concept that has been growing its restaurant base quickly. The company reported strong revenue growth in the first quarter.
Let's take a close look at Cava's most recent earnings report and see whether the stock makes good sense for investors now.
Source Fool.com