restaurateur cava group said it was planning to size its upcoming initial public offering at 144 million shares of common stock and expected it to price between 17 and 19 a share cava said it had 263 locations as of the first quarter of this year and revenues of 5641 million in fiscal 2022 the company said revenue in the first quarter of 2023 was 2031 million compared with 159 million in the first quarter of 2022 cava said its shares have been approved for listing on the new york stock exchange under the symbol cava jp morgan jefferies citigroup morgan stanley and are listed among the offerings underwriters