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Could Cava Be the Next Chipotle? 3 Ways the Companies Are Similar.
CAVACAVA (CAVA) The Motley Fool·2024-04-13 16:40

Can Cava replicate the success of Chipotle?Chipotle Mexican Grill (CMG -1.11%) has been a huge success. The stock is up over 4x in the last five years and over 130x from its initial public offering (IPO) price of $22 back in 2006. Not surprisingly, investors have long been hunting to find the next Chipotle.One of the newest contenders is Mediterranean fast-casual restaurant operator Cava Group (CAVA -3.96%). How does the company stack up to Chipotle, and should investors consider buying the stock?Similar ch ...