CAVA Group: A True Outlier In The Restaurant Space

  • CAVA Group stands out with double-digit same-store sales growth and aggressive expansion, even as peers struggle in a weak consumer environment. The Mediterranean fast-casual category is underpenetrated nationally, giving CAVA a unique land-grab opportunity, especially in untapped regions like California and Texas. Valuation remains a concern, with CAVA stock trading at a premium to peers, but its rare growth profile justifies the multiple in my view.