Could Investing $10,000 in Cava Make You a Millionaire? [Yahoo! Finance]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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ir.chipotle.com
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Source: Yahoo! Finance
But it also hints at the long-term opportunity for Cava if it can keep expanding its store base. Cava could be a key part of a millionaire-making portfolio, but it's still a stock you'll want to treat with a bit of caution. What's the business opportunity with Cava? Like Chipotle, Cava's business model is to offer freshly prepared fast casual food via an assembly line style creation process. Perhaps the biggest difference between the two restaurants is that Chipotle makes Mexican food and Cava makes Mediterranean food. But in this comparison is the hint of long-term opportunity. Chipotle Mexican Grill has around 3,500 locations. Cava ended the first quarter of 2024 with just 323 locations. A little math will tell you that there's room for Cava to grow its footprint tenfold if you believe it has the same opportunity ahead of it as Chipotle. Even if Cava can't get that big, it still looks like there's a long runway for growth ahead. For example, in the first quarter Cava opened
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News
- Chipotle offers chance to win one free meal a day [Yahoo! Finance]Yahoo! Finance
- Chipotle's 50-1 stock split: What investors need to know [Yahoo! Finance]Yahoo! Finance
- Chipotle offers chance to win one free meal a day [Fortune]Fortune
- Chipotle Mexican Grill's Growth Story in 4 Simple Charts [Yahoo! Finance]Yahoo! Finance
- Chipotle's 50-to-1 stock split on deck [FOX Business Network]FOX Business Network
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 6/14/24 - Form 4
- 6/13/24 - Form 144
- 6/10/24 - Form SC
- CMG's page on the SEC website