The restaurants Cava and Portillo’s just published their annual reports within a day of each other. I’m not terribly good at interpreting financial results… but it’s crazy how different the market values them. Both emerging chains.
Annual revenue:
Cava: $717 million
Portillo’s: $680 million
Net income
Cava: $13.2 million
Portillo’s: $24.8 million
Store numbers
Cava: 309
Portillo’s: 84
Total assets:
Cava: $983 million
Portillo’s: $1.38 billion
Debt:
Cava: $342 million
Portillo’s: $300 million
Market capitalization:
Cava: $6.46 billion
Portillo’s: $1.12 billion