CAVA

CAVA Group, Inc. is a fast-casual Mediterranean restaurant chain offering customizable bowls, salads, and pitas featuring Mediterranean-inspired ingredients and flavors. The company operates CAVA restaurants across the United States, primarily in urban and suburban markets, serving health-conscious consumers seeking fast, flavorful, and nutritious meals. CAVA's menu centers on Mediterranean cuisine including grilled meats, fresh vegetables, hummus, falafel, pita breads, and bold sauces and toppings that customers can customize. The company emphasizes high-quality ingredients, culinary innovation, and efficient operations. Founded in 2006 as a full-service restaurant in Maryland and headquartered in Washington, D.C., CAVA transitioned to fast-casual format and went public in 2023. The company acquired Zoes Kitchen in 2018, converting those locations to CAVA format. CAVA benefits from consumer preferences for healthier fast-casual dining, Mediterranean cuisine appeal, loyal customer base, and significant unit growth opportunities. The company has demonstrated strong comparable restaurant sales growth, unit economics, and expansion potential. CAVA faces competition from Chipotle, Sweetgreen, and other fast-casual concepts, along with execution risks of rapid expansion and labor cost pressures.