CAVA Group's New Restaurants Are Priced In Already

2026-02-26 05:20:59 ET

CAVA Group ( CAVA ) is a rapidly-growing Mediterranean restaurant chain that’s still adding lots of new locations, but its same-store sales growth has slowed down recently. Many restaurants have been offering better deals to attract customers, and because of its competitors’ discounts, CAVA didn’t perform as well in the second half of 2025 as it did in the first half of the year. CAVA still performed better in Q4 2025 than I expected in my previous article , though. I now think CAVA will report stronger results in 2026, but it still seems like a lot of this restaurant’s growth is priced in already....

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