Cava hit 500 restaurants ahead of schedule. Its CFO explains how it plans double in size by 2032 | Fortune
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Cava reached 500 restaurants ahead of schedule, the Mediterranean fast-casual chain said, as CFO Tricia Tolivar outlined plans to double the footprint by 2032. The company credited disciplined site selection and unit-level economics for hitting the milestone early, with Tolivar pointing to a pipeline that supports roughly 1,000 locations over the next several years. The expansion matters because Cava is trying to prove it can scale nationally without eroding margins in a crowded fast-casual market. Investors will watch upcoming same-store sales and new-unit opening costs for signs that growth remains profitable as the chain pushes into new regions.
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Cava, CFO