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 2023

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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.

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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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.

Sweetgreen to Announce First Quarter 2024 Results on May 9, 2024

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Sweetgreen's growth strategies, including Sweetpass and menu innovations, have gained positive traction and are expected to drive further growth. The launch of Sweetpass has provided SG with direct access to consumers' phones, allowing for targeted marketing and data collection. Menu innovation, such as the introduction of Protein Plates, has helped SG capture a larger share of consumers' daypart meal budget and diversify its revenue stream.

Sweetgreen: 2 Key Strategies To Drive Growth Ahead

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Sweetgreen, Inc. (SG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Sweetgreen, Inc. (SG) Soars 7.9%: Is Further Upside Left in the Stock?

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, today announced that the company will present at the following investor conference: Bank of America Consumer & Retail Technology Conference on Tuesday, March 12th, 2024. The fireside chat will be held at the 1 Hotel South Beach in Miami on that day at 2:40pm ET. Live webcasts of the fireside chats will be available at investor.sweetgreen.com on the Events + Presentat.

Sweetgreen to Present at Upcoming Investor Conference

Sweetgreen continues to experience rapid growth at high average unit volumes. Management expects an adjusted EBITDA profit this year.

News for Sweetgreen Stock (SG)