Cava went public in June 2023 and is now on track to do over $11 billion in revenue this year, per estimates from Visible Alpha, and its early pace of growth has even eclipsed what Chipotle ...

Cava shares the same favorable business traits with Chipotle. Cava stock has something working against it, a factor Chipotle's investors didn't have to worry as much about when it went public in 2006.

CAVA’s Q3 2024 revenue rose 39% YoY to $243.82 million compared to Chipotle’s 13% YoY growth to $2.79 billion, roughly 10 CAVA’s revenue.

I ate at Cava and Chipotle, and I can see why Gen Z has crowned a new fast-casual king Review by Nancy Luna Oct 31, 2023, 10:13 AM PDT ...

Where Chipotle really sets itself apart from the competition is same-store sales and profit margins. During Q1, Chipotle's comparable restaurant sales rose 7% -- more than triple Cava's sales.

(Cava opened its first fast-casual chain in 2011, and compared to its 300 restaurants, Chipotle, which was founded in the 1990s, now has over 3,500 locations).

But that's just a small snapshot of its story. When Cava (CAVA -0.60%) went public in June 2023, it was hailed by some as the new Chipotle Mexican Grill (CMG 0.34%).

CAVA and Chipotle are, essentially, in the same line of business: making food that consumers perceive as fresher and healthier than quick serve restaurants in the aforementioned "fast casual" space.

Cava Group Inc.’s stock has surged since it started life as a listed company last month, and analysts generally agree further gains are on the way, with some comparing the fast-casual restaurant ...

At the end of Q1, Chipotle boasted nearly 3,500 locations -- roughly 10 times Cava's number. The company's average restaurant sales of $3.1 million were notably higher than Cava's $2.6 million.

(Cava opened its first fast-casual chain in 2011, and compared to its 300 restaurants, Chipotle, which was founded in the 1990s, now has over 3,500 locations).