meme?
$CAVA Group (CAVA.US)$ The average unit volume (AUV) for CAVA restaurants was $2.7 million, up from $2.6 million in the prior year quarter. One of the key operational highlights was the launch of the new grilled steak main, which has significantly outperformed expectations and contributed to increased customer visits and repeat business.
356 units total... 13 billy marker cap = 36.5+ million per restaurant. when did this become a meme stock?
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zMay84 : i agree with you... this is too expensive at this point
Bruski2023 : Yeah it’s way expensive, but the more you think about it logically the more it runs!!! Lmao I’m in with a 72 average and sold 100 shares at 125 today, didn’t think it would trigger tbh. Have 900 left and will sell covered calls weekly or every other week to get my average down. If you missed the boat don’t shit on it, puts will continue to be destroyed imo. It’s a meme it’s whatever you want to call it, but WS is buying it!