Hunterbrook opens short position on CAVA

https://hntrbrk.com/cava/

quote:

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The Cava (NYSE: $CAVA) on Wall Street, located minutes from the Charging Bull, received a “C” grade from the New York City Department of Health.

The range of potential pests that inspectors identified on the premises reads like something out of the Old Testament — filth flies, blow flies, flesh flies.

The health inspection report also identified improper food storage and protection protocols, inadequate temperature control for hot foods, unsanitary food contact surfaces, and issues with drainage and waste disposal.

The Wall Street location of the rapidly expanding Mediterranean fast-casual chain, whose menu emphasizes fresh, healthy ingredients, was also briefly shut down after failing to properly display its grade to the public — relatable content for any kid who has hidden a report card from their parents.

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Their valuation was pretty high, and esteemed poster and investor TulaneLSU recently advised not to open or add to a long position.

But what do we think of this report? Seeds oils and poor sanitation grades arent neccesarily a reason to speculate that a stock price is going to decline

CAVA is trading for $123.97 at the time of this post.

What do you all think, is it time to take profit on CAVA ?

Here are some competitors in fast casual food, and their current and forward P/Es