Aug. 13 at 7:21 PM
$CAVA This will be protected around 70-75 this week due to options situation and start the drop next week.
They have proved they are no different from
$CMG $DPZ $YUM $SBUX etc.
all of them are valued between 3-5 times sales while CAVA is valued 8 times. Considering their growth has slowed down, the ps multiple will slowly fall towards the norm. 3 for good restaurant company. 5 for exciting company. Reset will start soon.