Investors are eyeing emerging consumer brands for potential wealth-building opportunities. Notably, Cava Group (NYSE: CAVA) has seen its stock surge 126% over the past year, with 323 restaurants currently open and a target of 1,000 by 2032. This growth trajectory, building on a 30.7% increase in same-restaurant sales over two years, positions Cava to triple its annual revenue, akin to industry leaders like Chipotle.
Similarly, Dutch Bros (NYSE: BROS) reported a 39% year-over-year revenue increase in Q1, driven by a 10% rise in same-store sales and new shop openings. With 876 locations across 17 states and a target exceeding 4,000 locations, the chain aims to expand its profitability while maintaining a sustainable growth strategy, albeit amidst weak consumer spending.
