Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Should hit all time high after earnings report, which is not too far off.
No, it's not a franchise, I wouldn't have bought this if it was a franchise.
Been going to CAVA Porter Ranch, every week. So busy, it will knock you off your socks, definitely not as busy as Porto's printing money, but easy 60-75 thousand dollars a day. Great investment if you can hold at least 5-8 years, easily 4 digits.
They do Monk, I eat there at least once a week, it is destination point for the family and we look forward to go there at least once a week.
The preacher from my Church can't stop thanking me for this recommendation. I love CAVA, at least once a week I go to eat there at Porter Ranch, since it is the closes one. CAVA hands down is one of the best fundamentally, at least for me, they are a lot busier than Chipotle during the same hours, at least two of them I have been to, they are opposite of each other.
CAVA making a powerful move after hours.
Buy, buy and set it and forget for 5 years.
200 by June next year easy.
Prediction accurate.
If market cooperates this will hit 130 within the next two weeks at the most.
I was at CAVA last night for late quick dinner in Pasadena on Lake Avenue at 9 PM, the place was half full, spend about 40 dollars between my daughter and I, the place had 90 seating capacity, at the time we went there 25% of the tables were all full, though it looked like they had a very busy day, open boxes everywhere some of there salad dressing bottles were all empty. Chipotle across the street was empty, the trend is changing and I actually enjoyed my food this time around, ordered Greek Chicken Salad with everything on it, what makes CAVA different besides the food is there refreshments are not standard Coke or Pepsi, they use refreshments actually made with sugar cane. Mind you this area of Pasadena has many choices for restaurants so the competition is there, but also gives people choices, actually a very good spot of CAVA, being in area with great exposure, South Pasadena is a walking distance with high net worth demographics, also San Marino which is extremely high net worth small population, both South Pasadena and San Marino is old money. Here is some math opens at 11 and closes at 10, if the store is during opening hours 40% of the time occupied around the opening hours that is 40 people, remember one must account for rush hours and downtime, 800 dollars an hour for 11 hours equates to 8,800 dollars per day, my guess is CAVA just from that location would be doing closer to 18,000, if not more, the rent would be around for a 3000 square feet in that area 30,000 dollars a month payroll for 8 people around the clock at 20 dollars an hour, about 2000 dollars payroll each day, 60,000 dollars monthly, electric and gas, 5000 a month. One would think that CAVA is making bank on Location like on Lake in Pasadena.
It was deleted because Chen changed his alias to TimelessWarlock with the same IP address and admin caught it.
It was posted and deleted for some reason. I will post it tomorrow with comments.
CAVA had a lot of insider selling and that is why it retraced, but it will come again in the next week or so, insider have to sell.
I’m thinking the staying power is maybe another year and I hear you on cmg. But anyone ages 16-30 usually and have to eat there several times a week and my son is one of them. Why? Kids 16-30 can’t afford to live in this environment and that gets them 1.5-2 meals on one although about $13 all of in and it is somewhat healthy and they don’t have to cook. CMG for sure has staying power but after hearing dino, I thing casa is in the game longer than I originally thought
Curious to know why you feel they do have the staying power? I have a CAVA and CMG right next to each other and CAVA is always busy while CMG isn't. I think people are getting tired of eating CMG.
Great stuff. Thank you dino
Do you know that it took Chipotle 20 years to where it is now, I never said overnight nor 5 years, it will take 15 plus years to get to where Chipotle is, if they execute with their plans, have you ever been to their stores, do you know their growth story? I personally don't like Chipotle food nor do I like CAVA's food, but there is a trend that follows these two, CAVA stores are always busy and so is Chipotle, their business model is very attractive and very profitable. 400 locations, 15% growth every year will give them approximately 750 locations at the end of 10 years, another 10 years will get them 1200 locations, who knows if they are profitable at most of their locations they might gear up for 20% growth after 5 years. Fact is people love their food, just like they did with Chipotle.
By stock performance for sure but there is no way they have the staying power of chipotle. As soon as this hits $150-200 area it will be the easiest short in history.
Freaking awesome move today. Their growth prospects are exceptional.
CAVA, great earnings call, growing 15% annually on store locations. The next CM*G hands down.
Beautiful move today, tomorrow after close earnings day.
Two more days for earnings report.
Though that was a bit too much of a forwards split, but I think you should be thrilled. I remember CM*G going public at 40 I believe it was, what a run since the mid 2000's.
Yes Monk, CAVA is very good. Numbers come out good on the 22nd this will breach 110 and stay above it and will aim for 150 in the coming weeks and month before the next Earnings Call.
Yes, already been to three locations in Southern Cali, always busy. Looking forward to their earnings report.
Aug 22 after the bell
CAVA earnings are due next month, Chipotle beat earnings, should be sympathy run tomorrow in anticipation of earnings will be great too.
Fantastic move, peeps are loading for earnings in August.
Earnings sometime in August. Good earnings will give triple dollars. 110 after earnings.
Followers
|
13
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
61
|
Created
|
06/17/23
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |