Think Cava Stock is Expensive? This Chart Might Change Your Mind.

Cava Group (CAVA 0.70%) stock was a breakout winner last year as the market cap of the Mediterranean fast-casual restaurant chain more than doubled on blistering growth. The numbers the company is generating right now are reminiscent of Chipotle Mexican Grill, the leader and pioneer in fast casual, and Cava's average unit volumes, or average sales per restaurant, are already approaching Chipotle levels.However, after soaring through most of 2024, Cava's stock price pulled back following the release of its t ...