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 Q2 2024

Earnings data Q3 2024

Earnings data Q4 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.

Sweetgreen reports robust Q3 performance, eyes expansion and innovation

Sweetgreen's Q3 2024 performance reflects strong sales growth, improved margins, and profitability, driven by operational efficiency and strategic investments.
The company's strengths lie in its expansion plans, menu innovation, and investments in technology and marketing, positioning it for continued growth and success.
While facing challenges in managing expansion and competition, Sweetgreen has opportunities to leverage its strengths and capitalize on market trends to drive further growth and brand success.

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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 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.

Sweetgreen (SG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Sweetgreen is growing revenue fast, and management is keeping expenses in check. The company modestly raised its full-year guidance, giving investors something else to celebrate.

Here's Why Sweetgreen Stock Soared Today

Sweetgreen (SG) shares skyrocketed Friday, a day after the salad restaurant chain slashed its loss, boosted sales, and raised its guidance as it expanded locations.

Sweetgreen Revenue Jumps as Salad Chain Adds Locations

Sweetgreen Inc (NYSE:SG) is near the top of the New York Stock Exchange (NYSE) today, last seen up 22.1% to trade at $32.09.

Sweetgreen Stock Makes Another Massive Post-Earnings Move

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Sweetgreen, Inc. (NYSE:SG ) Q2 2024 Earnings Call August 8, 2024 5:00 PM ET Company Participants Rebecca Nounou - Investor Relations Jonathan Neman - Co-Founder and Chief Executive Officer Mitch Reback - Chief Financial Officer Conference Call Participants Sharon Zackfia - William Blair Katherine Griffin - Bank of America Brian Mullan - Piper Sandler Logan Reich - RBC Capital Markets Jon Tower - Citi Brian Bittner - Oppenheimer & Co. Andrew Charles - TD Cowen Christine Cho - Goldman Sachs Brian Harbour - Morgan Stanley Dennis Geiger - UBS Operator Thank you for standing by. My name is Jeannie, and I will be your conference operator today.

Sweetgreen, Inc. (SG) Q2 2024 Earnings Call Transcript

Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.20 per share a year ago.

Sweetgreen, Inc. (SG) Reports Q2 Loss, Tops Revenue Estimates

The salad chain still isn't profitable but sales totaled $184.6 million in the second quarter, up 21% from the year-ago period.

Sweetgreen Is Selling More Salads and Losing Less Money. The Stock Jumps.

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG) (the “Company”), the mission-driven, next generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its second fiscal quarter ended June 30, 2024. Second quarter 2024 financial highlights For the second quarter of fiscal year 2024, compared to the second quarter of fiscal year 2023: Total revenue was $184.6 million, versus $152.5 million in the prior year period, an increase of 21%.

Sweetgreen, Inc. Announces Second Quarter 2024 Financial Results

Sweetgreen (SG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sweetgreen, Inc. (SG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

The niche restaurant operator uses robotic systems to create salads at two of its outlets. It has ambitious plans to open new restaurants with the technology, and retrofit existing ones.

Sweetgreen's Share Price Has Surged 120% in 2024. Here's How Artificial Intelligence (AI) Is Helping This Stock Soar.

An analyst at Oppenheimer called Sweetgreen a buy heading into its earnings report scheduled for Aug. 8. After a blistering run, the stock is down nearly 30% from its peak in June.

Why Sweetgreen Stock Was Looking Fresh Today

Fast casual health food restaurant chain Sweetgreen Inc. NYSE: SG shares have had a healthy pullback towards its Q1 2024 earnings gap fill price level at $24.03. The company had a stellar first-quarter earnings report back on May 9, 2024 that launched its stock from $24.03 to a high of $36.72 afterward.

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Better Buy: Cava vs. Sweetgreen Stock

In the latest trading session, Sweetgreen, Inc. (SG) closed at $24.20, marking a +1.38% move from the previous day.

Sweetgreen, Inc. (SG) Ascends While Market Falls: Some Facts to Note

Sweetgreen stock has surged this year on its plans to retrofit more of its restaurants with robotic automation. The company's automated "Infinite Kitchen" locations are demonstrating 10 points of operating margin advantage to non-automated peers, alongside higher average ticket prices. The company already enjoys a higher food margin relative to key peers, and Sweetgreen's same-store sales growth is trending higher than CAVA's.

News for Sweetgreen Stock (SG)