This Stock Is Supposed to Be the Next Chipotle, but Its Growth Rate Has Been Slowing -- Drastically
CAVA (CAVA) The Motley Fool·2024-06-13 08:10
Cava Group (CAVA 1.80%) has often been compared to Chipotle Mexican Grill (CMG 1.30%), which has been a terrific business to invest in. In five years, investors have collected massive 340% returns from Chipotle, so it's easy to see why Cava investors may be optimistic about the much smaller stock's potential upside. Cava Group's comparable sales growth was in the low single digits last quarter. But based on its latest earnings numbers, there could be some cause for concern, as Cava may not be living up to t ...