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 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 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

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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

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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.

sweetgreen to Present at Upcoming Investor Conferences

I expect the stock price to be range-bound until the business shows a visible path to profits and slower but sustained growth. The reported 1Q23 comps growth indicate weak growth, both in urban and suburban areas, which is not the recovery growth I am expecting. The business may see a growth inflection in FY24 as traffic returns to urban.

Sweetgreen: No Catalyst For Stock Price To Inflect In FY23

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Last year, restaurant sales in May, June and July were tepid as higher gas prices and concerns about the economy weighed on consumers.

Restaurants expect strong sales this summer. Consumers aren't so sure

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen, the mission-driven restaurant brand serving healthy food at scale, announced the opening of its first restaurant powered by automation, accelerating the industry's adoption of advanced technology and taking steps toward the future of dining. The pilot store, located in Naperville, IL, debuts new technology called the sweetgreen Infinite Kitchen, designed to enhance the customer experience and food quality, with a focus on fresh ingredients, fast.

sweetgreen Pilots Automation at New Store

The mean of analysts' price targets for Sweetgreen, Inc. (SG) points to a 49.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Sweetgreen, Inc. (SG) Could Rally 49.12%: Here's is How to Trade

Sweetgreen, Inc. (NYSE:SG ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Rebecca Nounou - Head of Investor Relations Jonathan Neman - Co-Founder and Chief Executive Officer Mitch Reback - Chief Financial Officer Conference Call Participants John Ivankoe - JPMorgan Chris Carril - RBC Capital Markets Sharon Zackfia - William Blair Andrew Charles - TD Cowen Katherine Griffin - Bank of America Operator Good afternoon. My name is Emma and I'll be your conference operator today.

Sweetgreen, Inc. (SG) Q1 2023 Earnings Call Transcript

Sweetgreen's financial results in its latest quarter were largely as expected except for the profit margin its restaurants are enjoying right now. The company is aiming for adjusted profitability next year, so investors need to see marked improvements throughout this year.

Why Sweetgreen Stock Surprised Investors Today

Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.36. This compares to loss of $0.45 per share a year ago.

Sweetgreen, Inc. (SG) Reports Q1 Loss, Lags Revenue Estimates

The salad chain's traffic increased 2% during the quarter, helping boost same-store sales by 5%.

Salad chain Sweetgreen reports narrowing losses as it aims for profitability

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 26, 2023. “I am pleased with our first quarter results. We delivered strong top line sales while reducing losses in the first quarter, which was supported by positive traffic growth. As we continue to gain sales momentum, we see profitability with.

Sweetgreen, Inc. Announces First Quarter 2023 Financial Results

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Tap five stocks with increasing P/E ratios to try out a different approach. These stocks include Sweetgreen (SG), Adaptimmune Therapeutics (ADAP), Owl Rock Capital (ORCC), MACOM Technology Solutions (MTSI) and Equity Commonwealth (EQC).

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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.

Sweetgreen, Inc. (SG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

As restaurants balance loyalty and profit concerns, some offer paid subscriptions and others free rewards. Fast-casual brand Sweetgreen, for its part, is looking to have its salad and eat it too, as it were, with its Sweetpass relaunch, announced Monday (April 24).

Sweetgreen Relaunches Subscription as Restaurants Weigh Paid Versus Free Perks

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced the launch of Sweetpass, its first loyalty program in two years. Developed as a two-tiered model, customers can choose which membership level works best for them, for a personalized experience that rewards them with free sweetgreen and more. Over the last year, sweetgreen tested various loyalty initiatives with their customers and found they wanted new ways to.

sweetgreen Launches ‘Sweetpass,' a New Loyalty Program That Rewards Customers With Free sweetgreen

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, released their first 2022 Impact Report, detailing the company's ongoing initiatives to build a sustainable food system and responsible business.

sweetgreen Releases 2022 Impact Report Detailing Progress Toward Environmental, Social, and Governance (ESG) Goals

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 first quarter of 2023 after the market close on Thursday, May 4, 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.

News for Sweetgreen Stock (SG)