Cava (CAVA) is a Mediterranean fast-casual restaurant brand that operates through Cava and Zoës Kitchen. CAVA reported 2Q earnings on August 15th. Its revenue growth came in at 62.4% and its same-restaurant sales growth at 18.2%., while its 2Q adjusted EBITDA came in at $21.6M. Co-Founder and CEO Brett Schulman discusses CAVA versus other fast-casual restaurants. CAVA guides for 65-70 new CAVA restaurant openings in FY23. He then goes over what’s next for CAVA’s growth strategy. Tune in to find out more about the stock market today.
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