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Cava Group outperforms Chipotle with 35% revenue increase and 14% same-store sales growth in Q2 2024.
The article examines Cava Group (CAVA) as a potential growth alternative to Chipotle Mexican Grill (CMG).
While Chipotle's shares have fallen 15% despite strong earnings and plans to expand to 7,000 locations, Cava is experiencing rapid growth, with a 35% revenue increase and 14% same-store sales growth in Q2 2024.
Cava's Mediterranean focus and expanding footprint make it an appealing option for investors seeking growth, especially as Chipotle faces valuation concerns.
6 months ago
4 Articles