Cava Is Opening a Slew of New Restaurants. Could Its Strategy Work in Today's Volatile Market?

Back in January, when Cava Group (CAVA 4.36%) shares were trading in the mid-$60s and the sentiment was firmly "broken restaurant stock," I made the case that the bears were missing the forest for the trees. The unit economics of new locations were exceptional, margins were holding, and the path to 1,000 stores was credible. Fast-forward to today -- the stock price is up roughly 41% year to date, recently trading near $82.So now what? The Cava thesis hasn't changed. It's just been validated.When Cava report ...