
Good morning. Growth for Cava, the Mediterranean fast-casual restaurant chain, is still booming.
The company announced on Tuesday its earnings results for the third quarter that ended Oct. 6. Revenue grew 39% to $241.5 million as compared to $173.8 million in the prior year quarter. Cava has had 15 consecutive quarters of revenue growth going back to Q1 2021, CFO Tricia Tolivar told me on Tuesday.