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

Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Wall Street Bulls Look Optimistic About Sweetgreen (SG): Should You Buy?

In the latest trading session, Sweetgreen, Inc. (SG) closed at $32.60, marking a +0.9% move from the previous day.

Sweetgreen, Inc. (SG) Laps the Stock Market: Here's Why

Sweetgreen (SG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Sweetgreen (SG) Surges 12.8%: Is This an Indication of Further Gains?

Sweetgreen put up better-than-expected growth numbers in the first quarter. It also raised its guidance for the full year.

Why Sweetgreen Stock Soared 37% in May

Sweetgreen, Inc. (SG) closed the most recent trading day at $30.82, moving +0.23% from the previous trading session.

Sweetgreen, Inc. (SG) Rises Higher Than Market: Key Facts

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Why Chipotle, Sweetgreen, and Others Are Defying the 'Value Meal' Trend

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Fast casual restaurant chain Sweetgreen Inc. NYSE: SG shares catapulted 34% on its Q1 2024 earnings report. While the retail/wholesale sector company still lost money and missed earnings estimates, losing 5 cents more than the loss of 18 cents consensus estimates, shares still skyrocketed to the bewilderment of bears.

Sweetgreen: Is There Meat Behind the 30% Earnings Surge?

Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.

Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown

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Lunch is the most important meal of the day for investors in 2024 as shares of fast casual restaurant chains deliver market-beating returns, highlighted Friday by Sweetgreen stock's 34% explosion.

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Shares of the salad chain surged 35% Friday after the company beat Wall Street's forecast for first-quarter results.

Sweetgreen shares soar 35% after company beats revenue expectations

Shares of Sweetgreen (SG) skyrocketed over 40% in early trading Friday after the salad restaurant chain posted better-than-expected sales and boosted its guidance as it expanded operations and raised prices.

Sweetgreen Stock Soars on Sales Beat, Boosted by New Restaurants and Higher Prices

Sweetgreen started 2024 strong by beating guidance in many areas. The jump today looks like a slight overreaction, but the company is doing some good things that can create value.

Why Sweetgreen Stock Popped Today

Sweetgreen (NYSE: SG ) stock is on the move Friday after getting a price target increase from RBC Capital analysts. This has analysts at RBC Capital increasing their price target for SG stock from $20 per share to $35 per share.

RBC Capital Just Raised Its Price Target on Sweetgreen (SG) Stock

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

Compared to Estimates, Sweetgreen (SG) Q1 Earnings: A Look at Key Metrics

Sweetgreen stock rallies to two-year highs after strong revenue growth, hiked outlook. Analysts raise price targets on momentum.

Sweetgreen, This Year's Fastest-Rising Restaurant Stock, Is Making Another Big Move

Sweetgreen Inc.'s stock soared 20% premarket Friday, after the fast-casual restaurant chain's first-quarter earnings garnered praise from analysts, who highlighted the nationwide rollout of steak dinners this week.

Sweetgreen's stock soars as analysts welcome nationwide rollout of steak dishes

Sweetgreen, Inc. (NYSE:SG ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Rebecca Nounou - VP, Head, Investor Relations Jonathan Neman - Co-Founder & Chief Executive Officer Mitch Reback - Chief Financial Officer Conference Call Participants Brian Bittner - Oppenheimer Sharon Zackfia - William Blair Jon Tower - Citigroup Andrew Charles - TD Cowen Brian Mullan - Piper Sandler Katherine Griffin - Bank of America Brian Harbour - Morgan Stanley Operator Thank you for standing by. My name is Katherine, I will be your conference operator today.

Sweetgreen, Inc. (SG) Q1 2024 Earnings Call Transcript

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 first fiscal quarter ended March 31, 2024. First quarter 2024 financial highlights For the first quarter of fiscal year 2024, compared to the first quarter of fiscal year 2023: Total revenue was $157.9 million, versus $125.1 million in the prior year period, an increase of 26%. S.

Sweetgreen, Inc. Announces First Quarter 2024 Financial Results

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Fast-Casual Restaurants Want to Be the Next Chipotle. These 3 Stand Out.

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen (NYSE: SG), the nationally loved restaurant brand known for its craveable salads, plates and bowls, today announced the addition of Caramelized Garlic Steak to its menu, available nationwide. Starting May 7, guests can enjoy tender bites of steak in three new chef-crafted entrées or as an addition to any of Sweetgreen's signature and custom dishes. Developed in the Sweetgreen kitchen, the Caramelized Garlic Steak recipe features tender cuts of premium gr.

Sweetgreen Launches Caramelized Garlic Steak Nationwide, Expanding Its Protein Offerings

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LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), will release financial results for the first quarter of 2024 after the market close on Thursday, May 9, 2024. In conjunction with the release, the Company will host a webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss business and financial results. A live webcast of the company's earnings call will be available on the investor relations section of the company's website at https://investor.sweetgreen.com/. An archived.

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