Cava

Financing

Cava aims for $2.1B valuation with IPO

The Washington, D.C.-based chain priced its shares between $17 and $19, which would raise more than $274 million.

Financing

It's official: Cava goes public with IPO plans

The fast-growing Mediterranean fast casual had previously filed confidential plans, but now the financial disclosures are public.

Executive Summary: A roundup of high-level hirings and promotions in the restaurant business includes changes for 7-Eleven, Razzoo’s, Golden Chick, Canada’s restaurant association.

Reality Check: With the pandemic fading, it may be back to the future for broad-market restaurant concepts. Just ask participants of a CEO's panel at the Restaurant Leadership Conference.

The fast-casual chain, which operates Cava Grill and Zoe's Kitchen, has confidentially filed SEC documents for an initial public offering.

A Deeper Dive: Brett Schulman, CEO of Cava Group, joins the podcast to talk about a wide range of topics, including its rapid expansion thanks to its acquisition of Zoe’s Kitchen.

As workers return to their offices and the holiday season gets underway, restaurants in every segment are ramping up catering programs to feed increased demand.

Global flavors trend at Firehouse, Ledo Pizza and Cava; Newk’s, Sweetgreen and Dog Haus play up plants; Toasted Yolk and Eggs Up Grill go big on breakfast; and Krispy Kreme and Eureka get spooky.

The 57,000-square-foot facility in Virginia will be used to create and package dips and spreads branded under the fast-casual chain’s name to be sold in grocery stores nationwide.

The chef-curated Lemon Chicken Bowl has culinary roots in the Levant region of the Mediterranean, with preserved lemons a key ingredient.

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