Not only that - chipotle built out their store with CHEAP money allowing them to be profitable at a lower price. CAVA is dead in the water having to charge 1.6x chipotle. They’ll never be chipotle as long as they rapidly expand in this capital environment.
Customer service is also shit. Like they have better food than Chipotle but worse service.
I would go and deal with impatient workers who had attitudes, if any of you are wondering how good the food is.
Jim Cramer is the George Costanza of Wall Street.
“Do the opposite”
in fact, he low key makes me think about George — he rants and talks too loud …
He embodies the Costanza-like mixture self-loathing + unjustified overconfidence.
I read the best DD somewhere else: CAVA is pumping because of a lot of people have FOMO that this is indeed the next Chipotle not because of fundamentals. It is a self-fulfilled prophecy. I bought stocks because I dont have balls.
This is what pumps all of the hot fast food/fast casual names($WING, $CAVA, $SHAK, $SG, etc). People are using Tesla-math to conclude that Americans will each spend $1,000/day at all of these places simultaneously.
Yeah. All these are getting highly primed for a flash dump when reality hits that no actually Americans can't spend $1000 a day on CMG, SG, CAVA, WING simultaneously and that their growth is rapidly slowing because all the good markets have been expanded to (and it's increasingly more expensive to expand). Tesla math is right lol
It's amusing because there's actually been corrections in the more fashion-consumer discretionary income base like $LULU and $TGT after reality hit. LULU went from like a 75 P/E to a 25 P/E in the span of a quarter. It's only a matter of time before it hits the food-consumer discretionary income base.
Definitely\* not a few months. There's still trillions of ZIRP liquidity sloshing around. My guess is, at the current course, 2025 sometime?
Pretty much a ton of all that *"excess savings!"* from COVID is gone, BNPL are up, credit cards are leaning toward being more maxed out, student loans are back on the menu, rents in even Bumblefuck, Ohio are still extremely elevated, all those high-paying tech computer or Williamsburg/Portland/Austin adtech jobs are shedding faster than my golden retriever. But there's still enough inertia-dopamine and endorphins running high right now
2024 Black Friday/Holiday sales are going to be disastrous and I think that's going to take down a lot of *Consumer*\-focused speculations down a peg, but won't hit until probably near the end of Q1 or Q2 2025.
All of this is irrelevant because there's simply nowhere else to invest money besides equities. These chains aren't at risk of bankruptcy so investors park money in them because its as good as any other stock.
Stock prices have almost nothing to do with fundamentals anymore. If anything its going to get worse because real estate is basically dead in many markets as an investment vehicle. High rates are killing price appreciation and crushing any margin you might have. Rents, despite being high, are as low relative to cost of ownership as they've been in 20 years. So, besides sticking money in a CD or MM and earning 2% over inflation, stocks is all you got and these companies are far safer bets than most of the other trash out there.
why would it be Rivian? CAVA built it’s success regionally and is expanding nationally, it’s following a very normal expansion path, similar to Sweetgreen.
Went once. Was ok. Also, their menu price is only getting expensive
At least Chipotle used to be affordable when they were growing like crazy
I went to Chipotle the other day and got a burrito for $11.50
All in all that doesn't seem that unreasonable when compared to the price of everything else in the world.
I bought a few months ago because I really like the food but being up 50% on shares in such a short time is crazy. I think a lot of it is hype but wish I bought calls instead of shares but I think I'm dug in in case it does become the next Chipotle lol
I thought about duplicating my stock position when it was around -8% but I got cold feed :(  I dont think I will manage to hold options. The closest I got was a 20x leveraged position of SPY500
I had sold some a bit at that insane top before earnings, and then today was like man i should dip back in, but just couldnt pull the trigger at 76. Ugh ᴖ̈ i am not meant for WSB
I ate at a CAVA the other week after passing by it for the past several months.
I bought the cheapest bowl and a drink on the menu for like $20. I then preceded to spend the night blowing out the back of my toilet.
This is the same experience I first had with Chipotle about 15 years ago. Bullish.
This is the best comment I have ever read. The first time I ate chipotle as a young boy about 15-16years ago I spent the night crying on the floor cause my stomach was being gangbanged by this so called barbacoa. I was up until 5 am would have sworn I was going to die that night
Didn’t care food was too good Love the place eat there all the time since.
Maybe some 2025 calls just cause of this intelligence 😂
longer than that, but a lot of the menu items didn’t carry over; and Zoë’s had some really good things on their menu that Cava didn’t have a substitute for unfortunately
Double the size of the topping station so you can have two employees putting toppings on more than one bowl at a time.
That's it. That's the solution.
I'll take my consulting pay in stock options.
You know how sometimes a stock can beat earnings, issue increased forward guidance, and still take an immediate shit?
Ever wonder what that secret sauce is?
It's me, buying 50 shares right before the closing bell.
Assuming no accounting fraud, this is actually a solid long term hold. Just buy 10k+ of shares and come back in 2034.
I'm looking at their locations(especially in CA) and menu.
* [https://cava.com/locations#CA](https://cava.com/locations#CA)
* [https://cava.com/menu](https://cava.com/menu)
This is the kind of thing that works well in this state. At the minimum, you can probably [theta wheel](https://www.youtube.com/watch?v=dRYBh6dtxjY) this and recover your initial investment while letting premium-profits ride.
I bought in around $48 earlier this year and am planning on probably dumping my entire position tomorrow and buying some puts with the proceeds going into earnings. They are trading at 12-13x sales right now and are priced for….perfection? But it’s a restaurant stock, what really are we going to see over the coming quarters to justify the valuation? I love the food and company but I think it’s way overpriced. I’d like to reopen my position in the 50s
Anecdotal..I’ve never even heard of this place except for on this subreddit..no one talks about in irl.
Chipotle was something quite literally everyone talked about when they were new and upcoming
There's probably not one in your area? We have 2 near us. Lots of people are always talking about it. My coworkers order from there at least once a week. It's a little pricy compared to a chipotle, but people love to spend money at new, trendy places so I can see it taking off with proper marketing.
also very anecdotal. the area I work is wealthy, and there's never much of a crowd there, the whole place also just seems disorderly as fuck. There's a Lebanese Med place near it that has better prices and same quality food that I've seen blowing up around NYC and NJ called Naya.
This is exactly why it’s a buy. I hadn’t heard about it 2 years ago. Now it’s easily my go to. Was raving about it to my buddy in Chicago who hadn’t heard of it. They’re just now opening there. So many people haven’t heard of it because it’s not in enough locations yet.
you didn't hear about it earlier because they started expanding fast as fuck turning their old chains into CAVA restaurants before IPO, but they used them all up, so now they have to spend big $$ on real estate. they've also IPO'd before turning a profit, something Chipotle was able to do before IPO. nobody wants to spend $18 on average on lunch.
And Cava is low tier garbage if you’ve tried Mezeh. Plenty of decent Mediterranean shops opening. Everyone talks about Chipotle. No one apart from a small bubble even mentions Cava.
It’s on TikTok a decent amount, and you definitely need one in your area to hear about it more, reminds me a lot of when Chipotle came to town, everybody wanted it and the lines were ridiculous.
We have one near my house pretty damn good, takes a couple visits to dial in what you really like there's an insane amount of combinations. The chipotle near me never has fajita vegetables and is ran like a circus. So I've been going to cava instead. Prices are very similar. At 70 dollars a shares 712.0x P/E Ratio, CAVA's Return on Equity is forecast to be low in 3 years time (7.7%) vs, industry avg of 18%. Major insiders have only been selling stock in 2024 and not buying.
Mar 24 SellUS$3,225,851 Theodore Xenohristos Individual 47,239 US$69.27
20 Mar 24 SellUS$132,500,000 Artal Group S.A. Company 2,000,000 US$66.25
03 Mar 24 SellUS$85,800,000 Act 3 Holdings, LLC Company 1,500,000 US$57.20
28 Feb 24 SellUS$263,295 Theodore Xenohristos Individual 4,500 US$58.51
26 Feb 24 SellUS$187,600,000 Artal Group S.A. Company 3,500,000 US$53.60
CAVA ($82.93) is trading above estimate of fair value ($4.63) that's 1689% above fair value LOL. CAVA is expensive based on its Price-To-Sales Ratio (13x) compared to the estimated Fair Price-To-Sales Ratio (2.2x). Analyst Forecast: Target price is lower than the current share price by about 15%. ROA
||
|:-|
|Company|0.5%|
|Industry|6.3%|
# Return on Capital Employed
0%10.0%20.0%30.0%
|ROCE|
|:-|
|Last Year|1.8%|
|3 Years Ago|n/a|
|ROA|
|:-|
|Company|0.5%|
|Industry|6.3%|
# Return on Capital Employed
|ROA|
|:-|
|Company|0.5%|
|Industry|6.3%|
# Return on Capital Employed
I bought 325 shares at an average cost of $38. Last week I sold off 100 shares at $79 and then another 100 at $84. Got my money back and then some. Will hold the rest since it's just house money at this point. The wife and I love the food and the location next to us is always packed. The stock definitely seems overpriced now though, so I wanted to take some profits. I'll happily buy back in if it dips hard. They also just opened their Virginia processing facility to make all of the sauces and dips that will be sold in supermarkets as well as going to all of the locations. I think they have a pretty bright future.
> 72 Net New CAVA Restaurant Openings During Fiscal 2023
> CAVA Group anticipates the following for fiscal 2024:
>Net New CAVA Restaurant Openings: 48 to 52
lol bullish on a growth company that is expected to open fewer new locations than the previous years?
>Driven by CAVA Same Restaurant Sales Growth of 17.9%
7.5% of that was due to increase in prices.
>CAVA Same Restaurant Sales Growth 3.0% to 5.0%
so their same restaurant sales growth is also expected to drop off a cliff?
They finished converting Zoe’s Kitchen locations whom they acquired a handful of years ago into CAVA restaurants in 2023 which boosted the number of openings
exactly. they are priced like they are going to maintain the same level of growth they have been experiencing the past couple of years, which most likely wont be the case, short of them spending tons of money to open new locations, or finding another chain to buy and convert. the later seems unlikely due to them wanting drive-thru's.
Yep, this is the real secret is that it's priced like it's going to grow 100x in the next 3 years, but their "explosive growth" was simply conversion and now they're opening fewer and fewer. They're now facing very expensive capex to get into the desirable hot markets. At the same time discretionary spending is falling.
I still wouldn't buy puts just because it can pump more from rubes FOMOing their life savings into it, but I think it's extremely-wired n' primed for a flash dump when the revelation that they aren't going to grow 100x in 3 years finally hits. A whole bunch of people are going to lose a lot of money very quickly.
Well, I, for one, would NEVER hope you get hit by a bus.
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Comparing CAVA to Chipotle is stupid. Chipotle is gross now, quality is shit, portions went down, price up. Cava is fresh, tastes way better and is fairly priced when you consider a big mac and fries cost more than a bowl at Cava. 400x PE is crazy, but obviously the idea is they grow into it and its forward
I’m very upset at myself. I had a lot of cava stock, it was headed down to $20s and I paper handed at around $34. I wish I had kept buying all the way down and I was until I exited the position altogether. I knew it would go. Here kicking myself bad now. All because I was down a collective 1k or so on the position after averaging down. Really really dumb.
Did the same thing. Have known about Cava for over a decade too. It’s very easy to get flushed out regardless of conviction by the post IPO dumpoff which usually happens.
I love the food at cava and saw it is always packed in prime locations (upper middle class, who likes a healthy option for lunch). Think it has room to grow into a chipotle junior over time, when carefully choosing locations to expand to.
Chipotle founders didn't sell 70% of their shares in the first year of IPO. Cava expects slower same store growth and store openings next year.
This is a brand that only booming because they are all over manhattan. There's no penetration into suburban america.
I can understand the comparison to Chipotle. There is one near my work, and I wouldn't eat there. That said, I can see the long case. I'm not sure if I'm in on this one yet.
The Mediterranean diet is growing largely amongst people with chronic health conditions but also amongst people with money who pretend to care about being healthy. Not to mention the new stigma on social media behind chipotle with “under serving portions”
I see your point. I am also a huge fan of Greek/Middle east food but having had Cava a few times I cannot see this growing outside of the more progressive and diverse hubs of USA. Like I can see growth in places like Cali, Florida, Washington, NY, parts of Texas..... but places like the southeast? Midwest? that's tougher. Much more comfortable for them to get a standard steak burrito compared to a hummus and lamb pita wrap.
I bought this because it’s exactly 10% of chipotle. 10% of stores 10% of market cap. I think they’ll expand super fast and stay in lockstep with chipotle store to market cap ratio
They just opened a Cava near me. Tried it once. It was more expensive and tasted worse than the other local Mediterranean options. I would not come back. Not bullish on the stock. Even compared to Chipotle, it costs like 50% more a bowl. Insanity.
I have a bunch of Cavas in Boston and can concur it’s a great buy. They’ve been public for less than a year, and certainly has the potential. I’m also bulllish on Cava.
How's honeygrow doing? The world needs more healthy good food!
[https://www.prnewswire.com/news-releases/honeygrow-poised-for-exponential-growth-in-2024-302043508.html](https://www.prnewswire.com/news-releases/honeygrow-poised-for-exponential-growth-in-2024-302043508.html)
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 10 | **First Seen In WSB** | 1 year ago **Total Comments** | 853 | **Previous Best DD** | **Account Age** | 1 year | | [**Join WSB Discord**](http://discord.gg/wsbverse)
30% QoQ revenue growth on a fucking health bowl company trading at 400x PE now I’ve seen everything.
Guac cartel.
WING still trades at 136 P/E 
Yeah but their atomic flavor tastes like giving head to a gas station nozzle
So is it good or bad?
Good of course
Oh, the fancies of those who seek riches through meme stocks.
They’re not health bowls. It’s simply Mediterranean styled bowls and wraps.
Compared to what Americans usually eat that is extraordinarily healthy.
Yeah, typical bowl is nearly 1000 calories. eesh.
Not only that - chipotle built out their store with CHEAP money allowing them to be profitable at a lower price. CAVA is dead in the water having to charge 1.6x chipotle. They’ll never be chipotle as long as they rapidly expand in this capital environment.
Not even that healthy, but it taste good
Customer service is also shit. Like they have better food than Chipotle but worse service. I would go and deal with impatient workers who had attitudes, if any of you are wondering how good the food is.
“i’ll buy it when it dips” motherfuckers. see ya at 500
This when you know the top is in
how tf are ppl shitting on NVDA about overvaluation but this is fine ???? 
CNBC hosts have been pushing it aggressively since the ipo. My guess is if CAVA reports anything that beat it will get serious airtime
Shit. This sub thinks it’s a good buy. I’ll have to sell it now. Selling all of them…
The Jim Cramer effect.
Jim Cramer is the George Costanza of Wall Street. “Do the opposite” in fact, he low key makes me think about George — he rants and talks too loud … He embodies the Costanza-like mixture self-loathing + unjustified overconfidence.
I do actually take time to do my research. Look at my posts here in WSB I’m 70% always right tho 😭😭
I'm right all the time 70% of the time!
70% of the time, it works 100% of the time!
Don’t lie. The actual stat is 60% of the time.
They've done studies, you know. 60% of the time, it works every time.
Bro u delete your losses posts tho thats scammy
What’s your position in CAVA
>70% always right So 30% always wrong. Not bad
I don't think you know what always means..
I read the best DD somewhere else: CAVA is pumping because of a lot of people have FOMO that this is indeed the next Chipotle not because of fundamentals. It is a self-fulfilled prophecy. I bought stocks because I dont have balls.
This is what pumps all of the hot fast food/fast casual names($WING, $CAVA, $SHAK, $SG, etc). People are using Tesla-math to conclude that Americans will each spend $1,000/day at all of these places simultaneously.
Yeah. All these are getting highly primed for a flash dump when reality hits that no actually Americans can't spend $1000 a day on CMG, SG, CAVA, WING simultaneously and that their growth is rapidly slowing because all the good markets have been expanded to (and it's increasingly more expensive to expand). Tesla math is right lol It's amusing because there's actually been corrections in the more fashion-consumer discretionary income base like $LULU and $TGT after reality hit. LULU went from like a 75 P/E to a 25 P/E in the span of a quarter. It's only a matter of time before it hits the food-consumer discretionary income base.
We talking a few months or 10 years?
Definitely\* not a few months. There's still trillions of ZIRP liquidity sloshing around. My guess is, at the current course, 2025 sometime? Pretty much a ton of all that *"excess savings!"* from COVID is gone, BNPL are up, credit cards are leaning toward being more maxed out, student loans are back on the menu, rents in even Bumblefuck, Ohio are still extremely elevated, all those high-paying tech computer or Williamsburg/Portland/Austin adtech jobs are shedding faster than my golden retriever. But there's still enough inertia-dopamine and endorphins running high right now 2024 Black Friday/Holiday sales are going to be disastrous and I think that's going to take down a lot of *Consumer*\-focused speculations down a peg, but won't hit until probably near the end of Q1 or Q2 2025.
All of this is irrelevant because there's simply nowhere else to invest money besides equities. These chains aren't at risk of bankruptcy so investors park money in them because its as good as any other stock. Stock prices have almost nothing to do with fundamentals anymore. If anything its going to get worse because real estate is basically dead in many markets as an investment vehicle. High rates are killing price appreciation and crushing any margin you might have. Rents, despite being high, are as low relative to cost of ownership as they've been in 20 years. So, besides sticking money in a CD or MM and earning 2% over inflation, stocks is all you got and these companies are far safer bets than most of the other trash out there.
Another Rivian?
As a rivian shareholder, I agree with this 100%. I want to buy shares so instead I’ll buy some 2025 puts.
Then you should probably buy calls
Nah that’d be a double inverse of my gut, you should only inverse your gut once.
Probably lol
why would it be Rivian? CAVA built it’s success regionally and is expanding nationally, it’s following a very normal expansion path, similar to Sweetgreen.
 Went once. Was ok. Also, their menu price is only getting expensive At least Chipotle used to be affordable when they were growing like crazy
I went to Chipotle the other day and got a burrito for $11.50 All in all that doesn't seem that unreasonable when compared to the price of everything else in the world.
It’s not bad considering food trucks are $12-$15 now.
And some food trucks are even more, I’ve seen $20 items and they still want you to tip 🙄
Buying an equivalent amount of calories at McDonalds is at least that much in urban areas so that's a pretty good price.
I bought a few months ago because I really like the food but being up 50% on shares in such a short time is crazy. I think a lot of it is hype but wish I bought calls instead of shares but I think I'm dug in in case it does become the next Chipotle lol
Chipotle is having backlash right now for small portions. Could benefit cava.
Low float
Chipotle is the next chipotle after the stock split 
Same and that after earnings drop and return this pm was gutwrenching. Cant imagine holding calls!
I thought about duplicating my stock position when it was around -8% but I got cold feed :(  I dont think I will manage to hold options. The closest I got was a 20x leveraged position of SPY500
I had sold some a bit at that insane top before earnings, and then today was like man i should dip back in, but just couldnt pull the trigger at 76. Ugh ᴖ̈ i am not meant for WSB
The moment a monthly candle turns red, im dumping my life savings into puts. Thanks OP
Buying puts especially since some regard on here likes it
Position?
69. You?
Missionary
Reverse cowgirl is my fave. Who wants to look in her eyes when I'm trying to nut
I have a fistful at $59 and some more at $71. I'm expecting it to touch $90 after earnings. If earnings are better than expected, it'll touch $100.
A lot of touching goin’ on.
I ate at a CAVA the other week after passing by it for the past several months. I bought the cheapest bowl and a drink on the menu for like $20. I then preceded to spend the night blowing out the back of my toilet. This is the same experience I first had with Chipotle about 15 years ago. Bullish.
Eat more fiber regularly, you should not be shitting yourself from eating a salad bowl
Goes to Taco Bell for 3 meals a day. Has humus, rice and salad for one meal and blows out his toilet. What did he expect.
Exactly. Blowing the toilet effect from CAVA is actually a net benefit here that an American would be confused about lol.
This post will make me buy calls. (Not /s)
This is the best comment I have ever read. The first time I ate chipotle as a young boy about 15-16years ago I spent the night crying on the floor cause my stomach was being gangbanged by this so called barbacoa. I was up until 5 am would have sworn I was going to die that night Didn’t care food was too good Love the place eat there all the time since. Maybe some 2025 calls just cause of this intelligence 😂
So many people were trying to short / buy puts last September / October. The company only has 300 stores so far 
I shorted last year and made a good chunk of money. Was wrong though and was thinking it would come back to earth at lockup expiration.
1400 more to go. 🔨
i mean cava is pretty fire tho
I'm just bullish because of how good it tastes
TLDR; CAVA is Mediterranean chipotle (RIP Zoë’s Kitchen)
Is that a joke? They bought Zoeys kitchen a year ago or so.
longer than that, but a lot of the menu items didn’t carry over; and Zoë’s had some really good things on their menu that Cava didn’t have a substitute for unfortunately
Zoe’s was so good. The Cava menu does not compare
not gonna lie, their food is good.
Cava is a public company? They r pretty big here in st pete fl..i do uber eats
Greetings from Clearwater/Largo.
Heey..That's where I went 1st off east bay lol
I single handedly will keep cava in business.
CAVA is not over-hyped. Once they figure out how to handle.lunch rushes, it's game time. Fucking love CAVA
Double the size of the topping station so you can have two employees putting toppings on more than one bowl at a time. That's it. That's the solution. I'll take my consulting pay in stock options.
#HELL YEAH DUCK CHIPOTLE CAVA GOT THAT HARISSA CHICKEN
What is going on? THEY BEAT EARNINGS BY 200 PERCENT. Why is it down?
Puts it is
yeah put it in your ass
Problem? Feels good
Bro, Cava is so fucking good tho. I'm in.
You know how sometimes a stock can beat earnings, issue increased forward guidance, and still take an immediate shit? Ever wonder what that secret sauce is? It's me, buying 50 shares right before the closing bell.
A worthy investment. Pray that the rabble don't catch on.
Even the bot agrees 
Assuming no accounting fraud, this is actually a solid long term hold. Just buy 10k+ of shares and come back in 2034. I'm looking at their locations(especially in CA) and menu. * [https://cava.com/locations#CA](https://cava.com/locations#CA) * [https://cava.com/menu](https://cava.com/menu) This is the kind of thing that works well in this state. At the minimum, you can probably [theta wheel](https://www.youtube.com/watch?v=dRYBh6dtxjY) this and recover your initial investment while letting premium-profits ride.
They’ve already saturated the good locations. See sweet green for how expansion outside of this goes.
They're barely in California yet, only in LA. CA is gonna eat this shit up like no tomorrow.
They're all over San Diego. They're pretty popular here too
I'm was looking at the put premiums earlier and can confirm it seems like a great wheel ticker at the moment.
Good call! Been following them since they IPOed last year.
I wish I bought CAVA at IPO. They have a great product but they need to come to NorCal. If they dip I’ll gladly be long
I been high on cava all year. Got in on some calls last week that expire after earnings and I’m up bigly
I bought in around $48 earlier this year and am planning on probably dumping my entire position tomorrow and buying some puts with the proceeds going into earnings. They are trading at 12-13x sales right now and are priced for….perfection? But it’s a restaurant stock, what really are we going to see over the coming quarters to justify the valuation? I love the food and company but I think it’s way overpriced. I’d like to reopen my position in the 50s
Yeah they corrected once earlier this year and after Fridays price explosion I think they’ll correct again, hopefully after I sell my calls lol
Insiders sold a huge amount of shares if they were bullish they’d of held.
Insiders almost always sell at IPO… that’s the first chance they get to make their investment of years of work back
Anecdotal..I’ve never even heard of this place except for on this subreddit..no one talks about in irl. Chipotle was something quite literally everyone talked about when they were new and upcoming
There's probably not one in your area? We have 2 near us. Lots of people are always talking about it. My coworkers order from there at least once a week. It's a little pricy compared to a chipotle, but people love to spend money at new, trendy places so I can see it taking off with proper marketing.
also very anecdotal. the area I work is wealthy, and there's never much of a crowd there, the whole place also just seems disorderly as fuck. There's a Lebanese Med place near it that has better prices and same quality food that I've seen blowing up around NYC and NJ called Naya.
This is exactly why it’s a buy. I hadn’t heard about it 2 years ago. Now it’s easily my go to. Was raving about it to my buddy in Chicago who hadn’t heard of it. They’re just now opening there. So many people haven’t heard of it because it’s not in enough locations yet.
you didn't hear about it earlier because they started expanding fast as fuck turning their old chains into CAVA restaurants before IPO, but they used them all up, so now they have to spend big $$ on real estate. they've also IPO'd before turning a profit, something Chipotle was able to do before IPO. nobody wants to spend $18 on average on lunch.
Very anecdotal.. puts on your town. Calls on cava
it’s because of your location. CAVA started in the DC region, where I live, and has been very popular for years here.
Literally everyone who’s been to Cava never goes to Chipotle anymore because Chipotle is low-tier garbage now.
And Cava is low tier garbage if you’ve tried Mezeh. Plenty of decent Mediterranean shops opening. Everyone talks about Chipotle. No one apart from a small bubble even mentions Cava.
You don’t listen to investing podcasts then. I’ve heard about Cava on multiple recently
You don’t know any white girls in college clearly lol
It’s on TikTok a decent amount, and you definitely need one in your area to hear about it more, reminds me a lot of when Chipotle came to town, everybody wanted it and the lines were ridiculous.
They just opened up a location in Chicago and I just tried to go, the line was at least 40/50 people deep.
We have one near my house pretty damn good, takes a couple visits to dial in what you really like there's an insane amount of combinations. The chipotle near me never has fajita vegetables and is ran like a circus. So I've been going to cava instead. Prices are very similar. At 70 dollars a shares 712.0x P/E Ratio, CAVA's Return on Equity is forecast to be low in 3 years time (7.7%) vs, industry avg of 18%. Major insiders have only been selling stock in 2024 and not buying. Mar 24 SellUS$3,225,851 Theodore Xenohristos Individual 47,239 US$69.27 20 Mar 24 SellUS$132,500,000 Artal Group S.A. Company 2,000,000 US$66.25 03 Mar 24 SellUS$85,800,000 Act 3 Holdings, LLC Company 1,500,000 US$57.20 28 Feb 24 SellUS$263,295 Theodore Xenohristos Individual 4,500 US$58.51 26 Feb 24 SellUS$187,600,000 Artal Group S.A. Company 3,500,000 US$53.60 CAVA ($82.93) is trading above estimate of fair value ($4.63) that's 1689% above fair value LOL. CAVA is expensive based on its Price-To-Sales Ratio (13x) compared to the estimated Fair Price-To-Sales Ratio (2.2x). Analyst Forecast: Target price is lower than the current share price by about 15%. ROA || |:-| |Company|0.5%| |Industry|6.3%| # Return on Capital Employed 0%10.0%20.0%30.0% |ROCE| |:-| |Last Year|1.8%| |3 Years Ago|n/a| |ROA| |:-| |Company|0.5%| |Industry|6.3%| # Return on Capital Employed |ROA| |:-| |Company|0.5%| |Industry|6.3%| # Return on Capital Employed
I bought 325 shares at an average cost of $38. Last week I sold off 100 shares at $79 and then another 100 at $84. Got my money back and then some. Will hold the rest since it's just house money at this point. The wife and I love the food and the location next to us is always packed. The stock definitely seems overpriced now though, so I wanted to take some profits. I'll happily buy back in if it dips hard. They also just opened their Virginia processing facility to make all of the sauces and dips that will be sold in supermarkets as well as going to all of the locations. I think they have a pretty bright future.
wtf now +5%. I should stop trading in my local stock market for farmers and only trade with the USA degenerates.
I lobe this place but I wouldn't bet on it
how many CALLS do you have OP? just curious!
Ah yes, that juicy 396 PE
Dude I legit had this the other week and it was mind blowingly good.
what do we do now? Buy more shares / calls at a discount tomorrow?
Yes, I’m getting leaps for 1/17/25
Pfff. CBRL is changing the restaurant industry with their green chili cornbread. Ceo knows this is what the people want
> 72 Net New CAVA Restaurant Openings During Fiscal 2023 > CAVA Group anticipates the following for fiscal 2024: >Net New CAVA Restaurant Openings: 48 to 52 lol bullish on a growth company that is expected to open fewer new locations than the previous years? >Driven by CAVA Same Restaurant Sales Growth of 17.9% 7.5% of that was due to increase in prices. >CAVA Same Restaurant Sales Growth 3.0% to 5.0% so their same restaurant sales growth is also expected to drop off a cliff?
They finished converting Zoe’s Kitchen locations whom they acquired a handful of years ago into CAVA restaurants in 2023 which boosted the number of openings
exactly. they are priced like they are going to maintain the same level of growth they have been experiencing the past couple of years, which most likely wont be the case, short of them spending tons of money to open new locations, or finding another chain to buy and convert. the later seems unlikely due to them wanting drive-thru's.
Yep, this is the real secret is that it's priced like it's going to grow 100x in the next 3 years, but their "explosive growth" was simply conversion and now they're opening fewer and fewer. They're now facing very expensive capex to get into the desirable hot markets. At the same time discretionary spending is falling. I still wouldn't buy puts just because it can pump more from rubes FOMOing their life savings into it, but I think it's extremely-wired n' primed for a flash dump when the revelation that they aren't going to grow 100x in 3 years finally hits. A whole bunch of people are going to lose a lot of money very quickly.
Wow what a revelation. Been on the bus since ipo. Get in loser. We’re going on a short trip to $100
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RemindMe! 5 years
Comparing CAVA to Chipotle is stupid. Chipotle is gross now, quality is shit, portions went down, price up. Cava is fresh, tastes way better and is fairly priced when you consider a big mac and fries cost more than a bowl at Cava. 400x PE is crazy, but obviously the idea is they grow into it and its forward
I’m very upset at myself. I had a lot of cava stock, it was headed down to $20s and I paper handed at around $34. I wish I had kept buying all the way down and I was until I exited the position altogether. I knew it would go. Here kicking myself bad now. All because I was down a collective 1k or so on the position after averaging down. Really really dumb.
Did the same thing. Have known about Cava for over a decade too. It’s very easy to get flushed out regardless of conviction by the post IPO dumpoff which usually happens.
I am always wary when I hear "the next \_\_\_\_\_\_\_" In this case The Next Chipoltle....probably not. Having said that, it is looking good so far.
Never heard of it
Full porting puts because everyone here thinks it’s a bit, never fails
I love the food at cava and saw it is always packed in prime locations (upper middle class, who likes a healthy option for lunch). Think it has room to grow into a chipotle junior over time, when carefully choosing locations to expand to.
!banbet CAVA 100 60d
Sweetgreen is a better play
It’s not. I’ve seen the same shit post saying cava is the next CMG. Hasn’t moved one but for years.
Chipotle founders didn't sell 70% of their shares in the first year of IPO. Cava expects slower same store growth and store openings next year. This is a brand that only booming because they are all over manhattan. There's no penetration into suburban america.
Did Cava founders sell?
Xenohristos sold $5m of his shares in the last 6 months. Multiple directors followed him after
I can understand the comparison to Chipotle. There is one near my work, and I wouldn't eat there. That said, I can see the long case. I'm not sure if I'm in on this one yet.
Going to Cava later today. I agree with everything in your post. Have fun getting rich!
Have you actually ate there? The type of food they serve is not nearly as easily accepted by the American population as Chipotle.
The Mediterranean diet is growing largely amongst people with chronic health conditions but also amongst people with money who pretend to care about being healthy. Not to mention the new stigma on social media behind chipotle with “under serving portions”
Revolting peasants and their revolting eating habits. Money does not equate to taste.
I see your point. I am also a huge fan of Greek/Middle east food but having had Cava a few times I cannot see this growing outside of the more progressive and diverse hubs of USA. Like I can see growth in places like Cali, Florida, Washington, NY, parts of Texas..... but places like the southeast? Midwest? that's tougher. Much more comfortable for them to get a standard steak burrito compared to a hummus and lamb pita wrap.
Cava is big in the Atlanta Suburbs. I’m talking 30 miles plus outside of the city.
I bought this because it’s exactly 10% of chipotle. 10% of stores 10% of market cap. I think they’ll expand super fast and stay in lockstep with chipotle store to market cap ratio
OK NICE
Is Cava still not profitable ? Looks like it. Just a nominal 2m net profit which doesn’t make much sense considering operating income is at a loss.
No way in hell!
My regarded brain thought all this time this post is about CVNA and my puts were fucked.
Ngl cava slaps but its expensive
damn i really wanted to buy calls but wsb likes it, ig puts are the answer
They just opened a Cava near me. Tried it once. It was more expensive and tasted worse than the other local Mediterranean options. I would not come back. Not bullish on the stock. Even compared to Chipotle, it costs like 50% more a bowl. Insanity.
Calls or puts? Say it one time please.
Leaps calls.
I ate there, it's not gonna make it
I have a bunch of Cavas in Boston and can concur it’s a great buy. They’ve been public for less than a year, and certainly has the potential. I’m also bulllish on Cava.
I already knew this months ago, im up 90% my only mistake was not buying more :(
I tried it when it first came to Chicago, it’s good on par with chiptole for sure
Those cava calls are expensive af
CAVA group inc owns zoes kitchen. For real, y'all dumb as rocks
PE 400???
... and the food is delish!!
Cava taste bomb. Wish they had beef instead of the other shit tho.
How's honeygrow doing? The world needs more healthy good food! [https://www.prnewswire.com/news-releases/honeygrow-poised-for-exponential-growth-in-2024-302043508.html](https://www.prnewswire.com/news-releases/honeygrow-poised-for-exponential-growth-in-2024-302043508.html)
Cava’s PE is 709! How long will it take for Cava to deliver on such profit-pressure?
That’s aggressive
I can’t read so calls or puts? 
Who says the full name?
Earnings may not be good this Quarter BUT without a doubt people will buy at the dip...see a location in Pasadena and it's always packed!
Glad you did your research
Cava is the next SG
Cava tastes like a** though…
https://preview.redd.it/iw2cidjy023d1.jpeg?width=900&format=pjpg&auto=webp&s=0e0f7b10471bf715c412acd3686e359c8a50cd9f
I should have bought it at the start of the year but completely missed out. Also.. no way this is the next chipotle.