Cava Group goes public (June 2023)
Cava listed on the New York Stock Exchange, one of the first restaurant IPOs in years. Shares jumped on debut, giving the company fresh capital to expand beyond its Washington, D.C., roots.
The listing funded new store openings across multiple metro markets.
The IPO bankrolled Cava's push into new cities, including Chicago.
The Fullerton Avenue license is part of the expansion that public listing financed.
