Cava Market Valuation Equals $33 Million Per Restaurant

Cava has soared more than 300% since its initial public offering in June 2023, giving it a market valuation of over $10 billion. Bailey Lipschultz reports on Bloomberg Television.
--------
More on Bloomberg Television and Markets


Connect with Bloomberg Television on:

Connect with Bloomberg Business on:

More from Bloomberg:


Watch more on YouTube:

[GMThePeople]

A steal at any price! Or for the same 11.5B, you could buy >50% of QSR (Restaurant Brands International), which has 30, 000 restaurants worldwide (mostly Burger King, also Tim Horton's coffee & Popeye's chicken) & is making 44x as much money. Tough call, could go either way.

[KK-pmud]

You have to assume Chipotle level growth?

[magic]

This stock is BS. Each store has a value of 33M? What! Bought a few shares to start and then I would buy in increments. Stock has done nothing but go down. I ate there for the first time today. It is like Subway Mediterranean.. Nothing friendly about the staff. The girl serving seemed annoyed. The Side dishes on the website look like a nice size portion/container but, what you actually get is a small dixie cup size portion. Had the Steak Mezze Salad. Not much of a steak portion, lousy quality, very small scoop of hummus and the rest in the bowl was just a soggy mix of ingredients. Had the Lavender Blueberry drink sweet sugary drink. All for 20 plus dollars. For what I got it should have not been more than 14.00 at most. I sold my shares as soon as I got home, took a tiny loss and bought something that would give me back the loss within a day or two. I will predict that the sizzle of this place will fizzle soon.

[gregoryswanepoel]

geez now that's a big smile... can you trust him?