Cava turns profitable, justifies high valuation with big quarter for sales
Cava delivered impressive earnings as it basks in its post-IPO glow.
Source: yahoo.com
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A new restaurant with Mediterranean flavors has opened in this busy Columbia neighborhood
The storefront was once home to a prominent coffee shop. Now it has a new look along one of the capital city’s most bustling thoroughfares.
Source: yahoo.com
Cava plans for an IPO as customer numbers spike
The mediterranean fast-casual restaurant chain plans to offer over 14 million shares for between $17 and $19 per share, which could raise between $245.6 million to $274.4 million dollars. Valuation: $2.1 billion. The chain plans to list on the New York Stock Exchange under the ticker CAVA.
Source: aol.com