Latest / Rigatoni Capital Podcast
CAVA Earnings and Why Fast Casual Restaurants Are the Best Stocks to Learn Investing
CAVA reported last night and the numbers were strong. Revenue grew 32.2% year over year to $438 million, beating estimates, same restaurant sales up 9.7% driven by 6.8% traffic growth, and the company raised full year guidance. Zero debt and $403 million in cash. I walk through the results and use CAVA as a teaching moment for anyone newer to investing. Fast casual restaurant chains like CAVA, Chipotle, and McDonald's are the easiest businesses in the world to understand if you are just getting started, and that simplicity is actually the point. I am long CAVA and I explain why. I also push…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.