How has CAVA's revenue mix evolved since Zoes Kitchen acquisition?

CAVA's revenue mix has significantly evolved since the acquisition of Zoes Kitchen. Here's a detailed analysis:

1. **Revenue Growth**: CAVA's revenue has experienced substantial growth, driven by the acquisition of Zoes Kitchen. The combined entity reported a full-year revenue of $963.7 million as of December 29, 2024. This growth can be attributed to the integration of Zoes Kitchen's revenue into the CAVA segment.
2. **Segmental Analysis**: The CAVA segment contributed $237.2 million to the overall revenue, reflecting the growth of the Mediterranean fast-casual restaurants. Zoes Kitchen, although not separately reported, was a significant contributor to the overall revenue growth, especially in terms of new restaurant openings and same-restaurant sales growth.
3. **New Restaurant Openings**: CAVA has seen a significant increase in the number of new restaurant openings, with 72 net new restaurants opening during fiscal 2023. This expansion, partly fueled by the acquisition of Zoes Kitchen, has contributed to the overall revenue growth.
4. **Same Restaurant Sales Growth**: The same-restaurant sales of CAVA have grown by 17.9% in 2023, indicating a strong performance of the integrated restaurant chain. This growth is a result of effective marketing strategies and consumer preference for CAVA's unique Mediterranean cuisine.
5. **Operational Efficiency**: CAVA has emphasized streamlining operations and enhancing training to improve efficiency. The integration of Zoes Kitchen has likely led to operational synergies, further boosting revenue and profitability.

In conclusion, the acquisition of Zoes Kitchen has been a pivotal event in CAVA's revenue evolution, contributing to a significant increase in overall revenue and enhancing the company's market presence. The integration of Zoes Kitchen's revenue streams, combined with successful new restaurant openings and improved same-restaurant sales, has led to a robust financial performance for CAVA.