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Stock impact report

CAVA Enters the Midwest with its First Chicago Restaurant

CAVA Group, Inc. (CAVA) 
Company Research Source: Business Wire
As part of the company’s national expansion plan, CAVA’s new Wicker Park location to open April 26 CHICAGO--(BUSINESS WIRE)--CAVA (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand, today announced the opening of its first restaurant in the Chicago area, marking the company’s entry into the upper Midwest market. CAVA Wicker Park will bring the company’s total restaurant count to 325 across 25 states and the District of Columbia. With a target of 1,000 locations by 2032, the company is quickly growing its national footprint. It opened 72 net new restaurants in 2023 and expects at least 15 percent growth in 2024 and 2025.CAVA Wicker Park, located at 1484 N. Milwaukee Avenue, is a 3,100-square-foot location with a 30-seat dining room, digital order pick-up and delivery, and an expanded kitchen for centralized catering production. The restaurant will be open daily from 10:45 a.m. to 10:00 p.m. local time.CAVA’s authentic Mediterranean-inspired cuisine featur Show less Read more
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