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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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.

Sweetgreen stock sold off after Friday's earnings miss. The stock is bouncing back today on a big upgrade from Piper Sandler.

Why Sweetgreen Stock Bounced Back Today

Sweetgreen missed top- and bottom-line estimates. The company did show margin improvement and reported its first quarter of positive adjusted EBITDA.

Why Sweetgreen Stock Was Sliding Today

Sweetgreen Inc has reported a narrower second-quarter loss as it targets its first profit in 2024 and said it may reach break-even on underlying earnings by the end of 2023. However, sales at the US casual restaurant chain specializing in salads fell short of expectations, sending its shares sharply lower on Friday.

Sweetgreen narrows its losses but 2Q sales leave investors bitter

Sweetgreen, Inc. (NYSE:SG ) Q2 2023 Earnings Conference Call July 27, 2023 5:00 PM ET Company Participants Rebecca Nounou - Head, IR Jonathan Neman - Co-Founder & CEO Mitch Reback - CFO Conference Call Participants Sharon Zackfia - William Blair Katherine Griffin - Bank of America John Ivankoe - JPMorgan Chris Carril - RBC Capital Markets Karen Holthouse - Citi Andrew Charles - TD Cowen Brian Mullan - Piper Sandler Operator Good day, everyone, and welcome to the Sweetgreen Second Quarter 2023 Earnings Call. Today's call is being recorded.

Sweetgreen, Inc. (SG) Q2 2023 Earnings Call Transcript

Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.36 per share a year ago.

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

Shares of Sweetgreen Inc. SG, -5.85% dropped more than 9% in the extended session Thursday after the fast-casual restaurant posted a wider-than-expected quarterly loss and missed Wall Street expectations for its revenue. Sweetgreen lost $27.3 million, or 24 cents a share, in the second quarter, compared with a loss of $40.5 million, or 37 cents a share, in the prior-year period.

Sweetgreen stock down more than 9% after wider loss, revenue miss for fast-casual restaurant chain

Sweetgreen, which went public in November 2021, is aiming to turn a profit for the first time by 2024.

Salad chain Sweetgreen narrows losses but reports weak sales

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 25, 2023. Second quarter 2023 financial highlights For the second quarter of fiscal year 2023, compared to the second quarter of fiscal year 2022: Total revenue was $152.5 million, versus $124.9 million in the prior year period, an increase of 22%.

Sweetgreen, Inc. Announces Second Quarter 2023 Financial Results

Sweetgreen is a fast-casual restaurant chain specializing in fresh, healthy, and customizable salads and bowls, with a strong focus on sustainability and technology integration. The company operates in a competitive industry but has several competitive advantages including a health-focused brand, sustainable sourcing, and strong customer loyalty. Opportunities for continued growth include geographic expansion, menu innovation, and digital marketing, allowing the business to continue its current trajectory.

Sweetgreen: On A Path To Expansion In A Competitive Industry

Sweetgreen, Inc. (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: What to Know Ahead of Q2 Release

Sweetgreen (SG) continues to expand its domestic footprint, unveiling its first Wisconsin restaurant in Milwaukee.

Sweetgreen (SG) Boosts Presence With New Restaurant in Milwaukee

LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen, the mission-driven restaurant brand serving healthy food at scale, announces its first Wisconsin restaurant is set to open in Milwaukee's Historic Third Ward neighborhood on July 18. Wisconsin marks the fifth state Sweetgreen has entered in the Midwest amidst the brand's continued nationwide expansion. Sweetgreen looks to provide healthy and convenient options to Milwaukee's bustling, urban community. Following the opening of Sweetgreen Third War.

Sweetgreen Expands Its Midwest Presence Into Wisconsin

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) Moves 15.5% Higher: Will This Strength Last?

Sweetgreen Inc (NYSE: SG) will likely rally further over the next twelve months, said a Bank of America analyst today in a bullish note. Sweetgreen stock has already more than doubled The chain of fast casual restaurants has already more than doubled since late March.

Sweetgreen stock should be worth $17: Bank of America analyst

Shares of Sweetgreen Inc. soared in active trading Thursday, after BofA Securities' Katherine Griffin turned bullish on the salads restaurant chain, citing increasing foot traffic, loyalty and automation.

Sweetgreen stock soars after BofA says buy it, and nearly doubles price target

Sweetgreen is piloting a restaurant location that's powered by automation tools. The company's largest operating expense is labor, which it's hoping to reduce.

Why Sweetgreen Stock Soared on the Market's Down Day

Keurig Dr Pepper Inc

Beverage and food stocks Keurig Dr Pepper Inc (NASDAQ:KDP) and Sweetgreen In (NYSE:SG) are both moving higher before the open following bull notes.

2 Food and Beverage Stocks Set to Rise After Upgrades

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 second quarter of 2023 after the market close on Thursday, July 27, 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 section.

Sweetgreen to Announce Second Quarter 2023 Results on July 27, 2023

Sweetgreen's ambitions to dramatically increase automation within the next five years come as, across the industry, restaurants soup up their kitchens with robotic technology.

Sweetgreen Automates Kitchens as Robots Take Over the Back of House

Sweetgreen CEO Jonathan Neman told investors that the salad chain expects all of its stores to be automated eventually.

Inside Sweetgreen's first automated location — and the salad chain's plans to take the tech nationwide

Cava Group, Inc.

Maintaining high growth profitably is tough in the competitive restaurant business.

Can Cava Deliver on Growth Hopes? Sweetgreen Shows How Tough It Is.

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen, the mission-driven restaurant brand serving healthy food at scale, announced its partnership with Luke's Lobster, the family-owned Maine seafood business founded by third-generation lobsterman Luke Holden. Together, the two sustainably-minded brands are rolling out the Luke's Lobster Roll Salad exclusively available at sweetgreen's Boston restaurants, celebrating 10 years since the fast-casual chain entered the market and paying homage to the New.

sweetgreen Celebrates 10 Years in Boston With Luke's Lobster Collaboration

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced its early summer menu, starring the return of the fan-favorite Peach + Goat Cheese salad. The beloved dish features in-season, locally sourced peaches, bringing peak freshness and sweetness to every bite. Paired with fresh mint and tangy goat cheese, this salad is the epitome of early summertime: light, refreshing, and energizing. Peach + Goat Cheese, along wi.

sweetgreen to Celebrate the Return of Beloved Peach + Goat Cheese With First-Ever Peach Week

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen, the mission-driven restaurant brand serving healthy food at scale, announces its first San Antonio restaurant is set to open on Tuesday, June 6. Located in the Quarry Village community, sweetgreen looks forward to providing healthy and convenient food to families, and other residents and visitors in the area. “San Antonio is a city with so much history, with a vibrant food and dining scene to match, and we couldn't be more excited to be joining t.

sweetgreen to Open Its First San Antonio Restaurant

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced that the company will present at the following investor conferences: 43rd Annual William Blair Growth Stock Conference on Wednesday, June 7th, 2023. The fireside chat will be held at the Loews Hotel in Chicago on that day at 8:00am CT. Oppenheimer 23rd Annual Consumer Growth & E-Commerce Conference on Tuesday, June 13th, 2023. The fireside chat will be hel.

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