Sweetgreen, Inc. (SG)
| Market Cap | 3.82B |
| Revenue (ttm) | 616.83M |
| Net Income (ttm) | -105.79M |
| Shares Out | 113.31M |
| EPS (ttm) | -0.93 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,996,420 |
| Open | 31.91 |
| Previous Close | 31.75 |
| Day's Range | 31.86 - 34.39 |
| 52-Week Range | 8.64 - 34.45 |
| Beta | 2.23 |
| Analysts | Buy |
| Price Target | 24.33 (-27.65%) |
| Earnings Date | May 9, 2024 |
About SG
Sweetgreen, Inc., together with its subsidiaries, operates fast food restaurants serving healthy foods at scale in the United States. The company also accepts orders through its online and mobile ordering platforms, as well as sells gift cards that do not have an expiration date and can be redeemed. The company was founded in 2006 and is headquartered in Los Angeles, California. [Read more]
Financial Performance
In 2023, Sweetgreen's revenue was $584.04 million, an increase of 24.24% compared to the previous year's $470.11 million. Losses were -$113.38 million, -40.46% less than in 2022.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for SG stock is "Buy." The 12-month stock price forecast is $24.33, which is a decrease of -27.65% from the latest price.
News
Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown
Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.
Wall Street Loves Lunch Stocks: Why These Fast Casual Chains Are Outperforming Nvidia
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.
Sweetgreen shares soar 35% after company beats revenue expectations
Shares of the salad chain surged 35% Friday after the company beat Wall Street's forecast for first-quarter results.
Sweetgreen Stock Soars on Sales Beat, Boosted by New Restaurants and Higher Prices
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 ...
Sweetgreen's stock soars as analysts welcome nationwide rollout of steak dishes
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 dinn...
Sweetgreen, Inc. Announces First Quarter 2024 Financial Results
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 financi...
Fast-Casual Restaurants Want to Be the Next Chipotle. These 3 Stand Out.
Shake Shack, Sweetgreen, and Cava Group are opening dozens of restaurants and using technology to become more efficient.
Sweetgreen Launches Caramelized Garlic Steak Nationwide, Expanding Its Protein Offerings
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...
Sweetgreen to Announce First Quarter 2024 Results on May 9, 2024
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...
Food analyst explains ‘momentum' behind fast-casual dining stocks
As consumers become increasingly cost-conscious and look to limit their spending on dining out, fast-casual dining chains like Chipotle (CMG) continue to record robust performance. Citi Director and R...
Sweetgreen to Present at Upcoming Investor Conference
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 co...
Sweetgreen, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand creating healthier communities by connecting people to real food, today announced financial results for i...
Sweetgreen Tests New Caramelized Garlic Steak in Select Locations
LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen announced the test of its first-ever steak option, available in 22 participating locations across Boston, MA. Debuting with three new chef-crafted menu ...
Sweetgreen Appoints Rossann Williams as Chief Operating Officer
LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen (NYSE: SG) announced the appointment of Rossann Williams as the company's Chief Operating Officer, effective February 5th. Williams joins Sweetgreen's e...
Sweetgreen to Announce Fourth Quarter and Full Year 2023 Results on February 29, 2024
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand creating healthier communities by connecting people to real food, today announced it will release financi...
Sweetgreen wants to be the ‘McDonald's of its generation.' This rival salad chain could beat it
Salad and Go wants to provide a healthier, cheap fast-food option with its $7 salads and wraps.
Sweetgreen's bet on salad robots finds a skeptic
Like other restaurant chains, Sweetgreen Inc. is exploring automation, in its case with its Infinite Kitchens that use robotic technology to assemble salads and bowls.
Sweetgreen Makes Its Pacific Northwest Debut in Seattle
SEATTLE--(BUSINESS WIRE)--Today, Sweetgreen, the mission-driven restaurant brand serving healthy food at scale, announces its debut in Seattle with its first location opening in The Village at Totem L...
Sweetgreen Launches “New Year, Full You” Campaign With a New Protein Plate and Personalized Free Rewards for a Fresh Start to the New Year
LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced the launch of its “New Year, Full You” campaign to celebrate fi...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sweetgreen, Inc. - SG
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 cont...
Goldman Sachs money manager digs into three themes for long-term growth
Most exchange-traded funds are passively managed — they are designed to mirror the performance of stock indexes and typically have low management fees. They can work out very well for investors, which...
What the heck is going on with Sweetgreen?
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-awaite...
Sweetgreen, Inc. Announces Third Quarter 2023 Financial Results
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 financi...
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 its first major entrée category expansion in three years, bring...
Sweetgreen Becomes the First National Fast-Casual Restaurant Chain to Announce It Will Cook Proteins, Veggies, and Grains Exclusively in Extra Virgin Olive Oil
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 f...