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.

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The fast-casual dining segment is part of the consumer discretionary sector. The segment is no stranger to acquisitions and mergers.

2 fast-casual restaurants to grab before they get taken out

NEW YORK , Dec. 10, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Sweetgreen, Inc. ("Sweetgreen" or the "Bank") (NYSE: SG).   Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sweetgreen, Inc. - SG

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Goldman Sachs money manager digs into three themes for long-term growth

Since the Q3 earnings report, Sweetgreen's stock has fallen by 16%, bucking the trend as restaurant stocks generally underperformed the S&P 500. Macro risks include a potential decline in consumer spending in 2024, which is pressuring the valuations of high-growth restaurant companies like Sweetgreen. Sweetgreen's conservative outlook for 2024 includes a reduced store count growth and a slower deployment of Infinite Kitchens compared to 2023.

Consumer Spending Fears And Their Impact On Sweetgreen's Valuation

Sweetgreen, Inc. (NYSE:SG ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Rebecca Nounou - Head, Investor Relations Jonathan Neman - Co-Founder and Chief Executive Officer Mitch Reback - Chief Financial Officer Conference Call Participants Brian Mullan - Piper Sandler Brian Bittner - Oppenheimer Katherine Griffin - Bank of America Matt Curtis - William Blair Zach Ogden - TD Cowen Operator Good afternoon. My name is Jeannie and I will be your conference operator today.

Sweetgreen, Inc. (SG) Q3 2023 Earnings Call Transcript

The money-losing salad chain is betting on robotic automation while otherwise sounding like every other fast-food chain as it tries to turn around its business. In May, Sweetgreen opened a long-awaited location in Naperville, Illinois, about 30 miles outside of Chicago.

What the heck is going on with Sweetgreen?

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 third fiscal quarter ended September 24, 2023. Third quarter 2023 financial highlights For the third quarter of fiscal year 2023, compared to the third quarter of fiscal year 2022: Total revenue was $153.4 million, versus $124.0 million in the prior year period, an increase of 24.

Sweetgreen, Inc. Announces Third Quarter 2023 Financial Results

Sweetgreen, Inc. (SG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Sweetgreen, Inc. (SG) Report Negative Earnings Next Week? What You Should Know

LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced its first major entrée category expansion in three years, bringing craveable protein plates nationwide, including Miso Glazed Salmon, Southwest Chicken Fajita and Hot Honey Chicken. Available today, the category expansion builds upon a menu of beloved signature salads and warm bowls, offering new flavor profiles and hearty proteins that feel as good to eat as.

Sweetgreen Takes on Dinner With Bold Flavors Featuring Miso Glazed Salmon and Herb Roasted Chicken

LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced it's using Extra Virgin Olive Oil (“EVOO”) as its cooking oil for all proteins, veggies and grains nationwide. Starting Oct. 24, EVOO will be incorporated across Sweetgreen's menu to enhance the dishes that fans know and love – from warm bowls built on a bed of grains to salads topped with hearty proteins and roasted veggies. Since its founding, Sweetgreen has.

Sweetgreen Becomes the First National Fast-Casual Restaurant Chain to Announce It Will Cook Proteins, Veggies, and Grains Exclusively in Extra Virgin Olive Oil

The system can slash the number of workers and time it takes the restaurant chain to make a bowl by more than half.

Sweetgreen Hires Kale-Shooting Robots to Speed Up Service

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, today announced it will release financial results for the third quarter of 2023 after the market close on Thursday, November 2, 2023. On that day, the company will host a webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company's business and financial results. A live webcast of the company's earnings call will be available on the investors secti.

Sweetgreen to Announce Third Quarter 2023 Results on November 2, 2023

1H 2023: solid top-line growth, the bottom line improves significantly. Long runway for growth driven by store expansion. Further margin expansion is possible driven by cost savings and automation. Risks include execution risks, competitive risks, and food safety risks.

Sweetgreen: Growth Prospects Likely Baked In

Sweetgreen, Inc. (SG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Sweetgreen, Inc. (SG) Upgraded to Buy: Here's Why

LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, continues to expand its free Sweetpass loyalty program with a new feature that allows fans to get exclusive offers and redeem rewards in-store. Responding to the #1 request from loyalty program customers, members of Sweetpass and Sweetpass+ can now earn & redeem rewards in-store when paying at check out. “Our customers are the heart of our business. With nearly 50%.

Sweetgreen Expands Loyalty Program and Unlocks More Rewards for Fans, Nationwide

Sweetgreen got hit Thursday with a lawsuit in New York that accused the company of race and gender-based discrimination. The employees who filed it worked at a handful of NYC stores.

Sweetgreen hit with allegations of racial discrimination in lawsuit

The lawsuit alleges that Black workers at seven Sweetgreen restaurants were subjected to racist comments and passed over for promotions.

Sweetgreen sued by workers at 7 New York restaurants for alleged racial discrimination

LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced its partnership with actress and musical artist Reneé Rapp, to share her signature order with fans. Featuring fresh, craveable ingredients like spicy broccoli, roasted tofu and Sweetgreen's famous Spicy Cashew Dressing, fans can eat like Reneé Rapp by downloading the SG app and ordering her bowl at Sweetgreen restaurants starting September 13. Fresh off the re.

Sweetgreen Announces Partnership With Musician and Actress Reneé Rapp

I am positive on the business growth due to signs of recovery in urban traffic and the launch of the Sweetpass loyalty program. The launch of Sweetpass is expected to drive further traffic to SG's stores. This loyalty program offers discounts, which might impact SSS initially but is likely to increase overall foot. SG's infinite kitchen model, with increased production efficiency and reduced labor costs, is a potential growth driver with higher profit margins, positioning SG for long-term success.

Sweetgreen: Positive Signs Of Traffic Recovery In SG Urban Areas

LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced that the company will participate in the Piper Sandler Growth Frontiers Conference on Tuesday, September 12, 2023. On that day, the fireside chat will be held at the Virgin Hotels Nashville at 1:30 p.m. Central Time. A live webcast of the fireside chat will be available at investor.sweetgreen.com on the Events + Presentations page. About Sweetgreen: Sweetgreen.

sweetgreen to Participate in the Piper Sandler Growth Frontiers Conference

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, the mission-driven restaurant brand serving healthy food at scale, today announced the hiring of Chad Brauze, Head of Culinary, and Michael Kotick, VP, Head of Marketing, to join the Sweetgreen team. "We are thrilled to have these two industry leaders join our team at such an exciting time for the company,” said Sweetgreen Co-Founder and Chief Executive Officer, Jonathan Neman. “Over the past several months, we have introduced heartier menu options and.

Sweetgreen Strengthens Leadership Team with Two New Hires

Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain's strategy to expand beyond large metropolitan areas on the east and west coasts.

Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push

Delivery orders are usually more expensive, thanks to added fees and even higher menu prices.

Cava and Sweetgreen see delivery orders fall as customers pick up their own food

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced its late summer menu featuring a revival of the fan-favorite salad, the Italian Chopped. The salad includes a medley of tangy and refreshing ingredients inspired by coastal flavors that are reminiscent of a Mediterranean holiday. Customers can order the Italian Chopped as part of Sweetgreen's late summer menu, available starting Tuesday, August 15. Known for b.

Sweetgreen Launches Italian Chopped Salad With Fresh Flavors Inspired by Mediterranean Coast

Sweetgreen serves up healthy food, but its top-line growth appears tepid compared to Cava's. Cava is burning far less cash than Sweetgreen, but shareholders may be rewarding the stock too much.

News for Sweetgreen Stock (SG)