How Cava’s Bet On The Chipotle Model Is Paying Off
Fast-casual Mediterranean chain, Cava, has had an impressive first year since going public in June 2023. The company beat Wall Street expectations in every quarter and grew revenue by 35.2% in its second quarter 2024. Market cap has increased to over $14 billion, a more than 200% increase from its initial valuation. The question is, can the greek inspired bowl concept, frequently compared to Wall Street favorite, Chipotle, have a similar path? Watch the video to learn more.
Chapters:
0:00 Intro
1:35 Chapter 1. A fast-casual winner
3:12 Chapter 2. Competitive advantage
5:22 Chapter 3. The Chipotle blueprint
8:25 Chapter 4. Risks
Produced, Shot and Edited by: Natalie Rice
Additional Camera by: Carlos Waters, Magdalena Petrova, Ryan Baker
Animation: Christina Locopo
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, AP Photo, Cava Group, Chipotle Mexican Grill
Additional Sources: Wedbush Securities, FactSet
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From ’Wall Street’ to ’Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to master your money this fall? Sign up for CNBC’s new online course. We’ll teach you practical strategies to hack your budget, reduce your debt, and grow your wealth. Start today to feel more confident and successful. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Instagram:
Follow CNBC News on Facebook:
Follow CNBC on Threads:
Follow CNBC News on X:
Follow CNBC on WhatsApp:
#CNBC
How Cava’s Bet On The Chipotle Model Is Paying Off
1 view
0
0
1 month ago 00:01:56 1
French Greetings Song for Children - Bonjour!
2 months ago 00:09:56 1
How Cava’s Bet On The Chipotle Model Is Paying Off
2 months ago 00:03:17 1
French Ça va song | How are you in French song! | Fun French songs for kids!