Sweetgreen

Sweetgreen is an American fast-casual restaurant chain that serves simple, seasonal, healthy salads, and grain bowls made in-house from scratch, using whole produce delivered that morning. Founded in 2007, the company is based in Washington, District of Columbia.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q3 2024

Sweetgreen reports Q4 growth, eyes profitability in 2024 amid challenges

Sweetgreen's Q4 2022 performance showed revenue growth but an EBITDA loss, with a focus on achieving profitability in 2024 through operational changes and disciplined growth.
Key strengths include successful menu offerings, loyalty programs, and B2B channels, while challenges like food costs and supply disruptions require strategic adjustments.
Opportunities lie in accelerating store openings, leveraging loyalty programs for customer engagement, and optimizing menu offerings and operations for sustained growth.
Overall, Sweetgreen's strategic focus on quality, innovation, and cost discipline positions them for future success despite current challenges and market shifts.

Sweetgreen reports strong Q1 sales growth and aims for profitability

Sweetgreen's Q1 2023 performance reflects solid sales growth, operational efficiency, and progress towards profitability despite challenges.
The company's expansion plans, new initiatives, and strong financial position provide a foundation for future growth and market competitiveness.
Addressing challenges in achieving profitability and optimizing operational efficiency are crucial for Sweetgreen's long-term success and investor confidence.

Sweetgreen reports robust Q2 growth, eyes loyalty program expansion

Sweetgreen's Q2 2023 performance showcased strong revenue growth, digital sales dominance, and operational improvements, despite a net loss.
The company's focus on loyalty programs, efficient operations, and expansion plans positions it for future growth and market resilience.
While facing challenges in managing expenses and achieving profitability, Sweetgreen's strategic initiatives and growth targets signal optimism for investors.

Sweetgreen reports robust Q3 growth and eyes margin expansion

Sweetgreen's Q3 performance reflects strong revenue growth and operational improvements, positioning the company for future success. While challenges like consumer uncertainty and discounting persist, strategic initiatives and focus on loyalty and innovation offer avenues for growth. Opportunities in expanding Infinite Kitchens and reaching margin targets signal a positive outlook.

Sweetgreen reports robust Q4 growth and eyes profitability in 2024

Sweetgreen's Q4 2023 performance reflects strong revenue growth, improved margins, and a focus on profitability in 2024.
The company's strategic strengths include innovative initiatives, expansion plans, and a solid financial position for future growth.
Challenges include achieving profitability targets, addressing operational complexities, and ensuring scalability of new initiatives.
Opportunities exist in loyalty program expansion, operational efficiency improvements, and continued market penetration strategies.

Sweetgreen reports strong Q2 earnings, eyes sustainable growth strategies

Sweetgreen's Q2 2024 performance reflects robust sales growth, improved margins, and successful expansion efforts. Their strategic focus on menu innovation, operational excellence, and employee experience positions them for sustained success.
While challenges like maintaining growth rates and balancing investments exist, Sweetgreen's disciplined approach to growth and leveraging their unique strengths present opportunities for further market penetration and competitive advantage.

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Sweetgreen, Inc. owns and operates a chain of salad restaurants. It offers drinks, sides, local bowls, salads, plates, and warm bowls. The company was founded by Nicolas Jammet, Jonathan Neman and Nathaniel E. Ru in November 2006 and is headquartered in Los Angeles, CA.

Sweetgreen Inc SG stock price picked up after TD Cowen analyst Andrew Charles upgraded it from Hold to Buy and raised its price target from $31 to $43.

Sweetgreen Poised For Big EBITDA Boost with Tech Innovation, Robotic Kitchens to Drive Margin Expansion: Analyst

Investors continued flocking to Sweetgreen Inc.'s hot stock on Wednesday as the restaurant chain piled on more gains on the heels of a fresh upgrade to buy from hold at TD Cowen.

Sweetgreen's 2024 rally stays fresh as TD Cowen upgrades salad chain to buy

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COLUMBUS, Ohio--(BUSINESS WIRE)--National restaurant brand Sweetgreen will open its first-ever Ohio-based restaurant in the Short North on Sept. 4, introducing its craveable salads, plates and bowls to Columbus. To celebrate, the brand is bringing the community together for a grand opening activation with local partners and new neighbors. Known for its vibrant fan culture and booming culinary scene, Columbus has been eagerly anticipating the arrival of its first Sweetgreen. The city has been on.

Sweetgreen Celebrates Grand Opening of First Ohio Restaurant

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Earnings this week have pointed to a struggling consumer who may cut back on restaurant outings. Given Sweetgreen's valuation, any weakness in the economy could devastate the stock.

Why Sweetgreen Dropped 17% This Week

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG) today announced that the company will present at the following investor conferences: Goldman Sachs 31st Annual Global Retailing Conference on September 5th, 2024. The fireside chat will be held that day at 1:10pm ET. Piper Sandler Growth Frontiers Conference on September 10th, 2024. The fireside chat will be held that day at 10:00am CT. Live webcasts of the fireside chats will be available at investor.sweetgreen.com on the Events + Prese.

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LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen (NYSE: SG) announced that Christopher Tarrant has joined the company as SVP, Chief Development Officer. Tarrant reports to Rossann Williams and oversees Real Estate Development, Design and Construction. Tarrant brings nearly two decades of real estate experience in the restaurant industry, with a proven track record of spearheading and executing critical development recommendations for global brands and Fortune 200 companies. Most recently, Tarran.

Sweetgreen Names Christopher Tarrant as Chief Development Officer

Thanks to new store openings, Sweetgreen's revenue is surging. The company has a long way to go before it's consistently profitable.

Where Will Sweetgreen Stock Be in 5 Years?

Sweetgreen's same-store sales growth is stabilizing. Its margins are still expanding.

Sweetgreen Stock: Buy, Sell, or Hold?

Chipotle was a profitable company when it was smaller than Sweetgreen, because corporate expenses were lower. Sweetgreen's corporate expenses are coming down as a percentage of revenue, which brings it closer to earning a profit.

Think Sweetgreen Stock Can Provide Chipotle-esque Returns? Here's 1 Stat to Keep in Mind.

CNBC's Jim Cramer on Tuesday told investors it could be wise to start buying stock of Sweetgreen, a salad chain that has been the best-performing restaurant company on the Russell 3000, according to FactSet. "If Sweetgreen stock keeps getting slammed like it has earlier this week, I think you should pounce, because this is no longer the unprofitable salad chain of two or three years ago," he said.

Cramer says it might be time to start building a position in Sweetgreen

A string of better-than-expected financial results has catapulted this stock in 2024. It's hard to tell when this business will begin posting positive earnings.

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Sweetgreen shares surged after the company raised its full-year outlook. The stock still has upside potential, although it's a bit on the speculative side.

Sweetgreen Shares Surged on Strong Outlook. Is It Too Late to Buy the Stock?

Sweetgreen raised its full-year same-store sales growth outlook, driven by an acceleration in traffic trends. Notably, the company is becoming more popular at dinnertime, ostensibly expanding its addressable market. Despite its recent rally and >200% YTD gains, the stock still trades slightly below Chipotle's revenue multiple, even after the latter's slump from its CEO exit.

Sweetgreen: Tremendous Same Store Sales Acceleration

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Healthy fast-casual restaurant operator Sweetgreen Inc. NYSE: SG reported stellar metrics on its Q2 2024 earning report, causing shares to spike 29%. The healthy lifestyle salad and bowl restaurant chain saw a solid boost in traffic and sales.

Sweetgreen Stock Surges 29% on Sweet 9% Same Store Sales Growth

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The company successfully expanded its addressable market beyond salad lovers through new protein menu items. New store locations, particularly in the southeast, Texas, and midwest, are outperforming existing stores. The Infinite Kitchen concept has proven successful, with the Naperville location achieving $2.8 million in first-year sales and a 31.3% restaurant-level margin.

Sweetgreen Goes Nationwide

Sweetgreen (NYSE: SG ) stock is climbing higher on Friday after the fast-food chain announced results for the second quarter of 2024. Sweetgreen reported earnings per share of -13 cents.

Why Is Sweetgreen (SG) Stock Up 25% Today?

Although the revenue and EPS for Sweetgreen (SG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

News for Sweetgreen Stock (SG)