01.06.2024 15:30:00
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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.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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