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InvestorNewsBreaks – CAVA Group Inc. (NYSE: CAVA) Featured in Forbes Article

CAVA Group (NYSE: CAVA), which opened for trading at $42 per share today, is a Mediterranean fast-casual restaurant that had priced its IPO at $22 per share on Wednesday, which was a boost from the initial $17 to $19 range. The company was featured in a recent Forbes article, written by David Trainer, which speculates on the company’s IPO valuation. “CAVA Group (CAVA) raised its planned IPO valuation from $1.5 billion to $2.2 billion… I originally warned investors about the dangers of investing in the CAVA IPO on May 25, 2023. It appears most investors did not heed my advice; so I am reiterating my warning with details from my reverse discounted cash flow (‘DCF’) model on just how overvalued this IPO is,” Trainer writes. “When I use my reverse discounted cash flow (‘DCF’) model to analyze the future cash flow expectations baked into CAVA Group’s anticipated valuation, I can provide clear, mathematical evidence that the midpoint valuation of $19.50/share appears too high and offers unattractive risk/reward.”

To view the full article, visit https://ibn.fm/2oxOT

About CAVA Group Inc.

CAVA Group is a Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. Its brand and opportunity transcend the Mediterranean category to compete in the large and growing limited-service restaurant sector as well as the health and wellness food category. For more information about the company, visit https://Investor.CAVA.com.

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