Cava Plans Chicago Expansion, Betting on ‘Rebirth' of Midwest [BNN Bloomberg (Canada)]
Tyson Foods, Inc. (TSN)
Last tyson foods, inc. earnings: 2/6 07:30 am
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Source: BNN Bloomberg
The Mediterranean chain on Friday opened its first Chicago location — also its inaugural restaurant in the Upper Midwest — after eyeing the market for about nine years, Chief Executive Officer Brett Schulman said in an interview Friday. Cava is seeing a “rebirth of the Midwest” that's brewing as startups set up in the region and people move back seeking cheaper living costs, he said. “We think we've got a lot of expansion here in Chicago,” Schulman said Friday at the location's opening, as about two dozen people queued up outside. “We haven't announced any other cities, but we're looking all across the Midwest.” Cava, which has more than 300 locations across the US, tries to enter new markets with at least three new restaurants. Its first in the Chicago area is in Wicker Park, a residential neighborhood located northwest of the city's Loop office district. The second one will be in Vernon Hills, Illinois, a suburb north of Chicago. The company tends not to open locations in cor
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TSN
Earnings
- 5/6/24 - Beat
TSN
Sec Filings
- 5/6/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 3/8/24 - Form 8-K
- TSN's page on the SEC website