What CAVA Does & How It Makes Money (CAVA)

Updated October 2026 · reflects CAVA's latest reported financials

U.S. fast-casual Mediterranean restaurant chain with grocery dips and spreads. Most of its revenue comes from selling meals at the restaurants it owns and operates, whether ordered in store, online, or on mobile.

How CAVA makes money

Most of its revenue comes from selling meals at the restaurants it owns and operates, whether ordered in store, online, or on mobile. A smaller share comes from selling packaged dips, spreads, and dressings through grocery stores.

What CAVA does

CAVA Group, Inc. owns and operates the CAVA chain of restaurants in the United States. Customers order either in person along a walk-the-line counter or through its online and mobile platforms. Founded in 2006, the company is headquartered in Washington, D.C. Beyond its restaurants, CAVA sells its own dips, spreads, and dressings through grocery stores. This carries the brand into shoppers' homes and adds a second, smaller consumer packaged goods business alongside the restaurants.

Products & services

• CAVA restaurants
• Walk-the-line in-store ordering
• Online and mobile ordering platforms
• CAVA dips and spreads
• CAVA dressings (grocery retail)

What is CAVA worth?

On an owner-earnings DCF, CAVA's most-likely value is about $86 versus a recent price near $54 (59% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$17) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

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