Sweetgreen, Inc. (SG)
Market Cap | 4.06B |
Revenue (ttm) | 668.95M |
Net Income (ttm) | -88.76M |
Shares Out | 115.67M |
EPS (ttm) | -0.78 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,793,876 |
Open | 33.96 |
Previous Close | 34.73 |
Day's Range | 33.96 - 35.64 |
52-Week Range | 9.66 - 45.12 |
Beta | 2.33 |
Analysts | Buy |
Price Target | 37.67 (+7.32%) |
Earnings Date | Nov 7, 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 13 analysts, the average rating for SG stock is "Buy." The 12-month stock price forecast is $37.67, which is an increase of 7.32% from the latest price.
News
Sweetgreen fights for farmers markets: 'No harder business' than farming
Sweetgreen is working to keep farmers markets, a key resource for small-scale agriculture and a way to support food and beverage entrepreneurs, from shutting down.
Sweetgreen Supports LA Farmers Markets at Risk of Shutdown
LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen announced its commitment to Food Access LA, formerly Sustainable Economic Enterprises of Los Angeles, the non-profit organization behind eight Los Angel...
Sweetgreen: There Is A World Outside The Bowl
Sweetgreen's strategic menu innovations, including substantial protein options, have driven significant growth in comparable sales and revenue, reversing previous stagnation. The introduction of Infin...
Sweetgreen Launches New Merch Collection in Time for the Holidays
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen is bringing a taste of its signature style to the holiday season with a new collection of apparel and accessories. Launching today exclusively on Sweetgreen's ...
Automation is the future of fast food: Sweetgreen co-founder
Most in the fast food industry have had a challenging 2024. Many players, such as McDonald's (MCD), have jacked up prices to compensate for higher worker wages, especially in California.
Sweetgreen: A Good Time To Enter This Stock On Post-Earnings Dip
Shares of Sweetgreen slid more than 5% after missing Q3 results, a rarity for this high-flying salad chain. Despite this, the company raised its outlook for the year, and same-store sales growth was s...
Sweetgreen, Inc. (SG) Q3 2024 Earnings Call Transcript
Sweetgreen, Inc. (NYSE:SG) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Rebecca Nounou - Investor Relations Jonathan Neman - Co-Founder and Chief Executive Office...
Trade Tracker: Josh Brown sells Sweetgreen
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss his latest sale in Sweetgreen.
Sweetgreen Stock Slumps on Wider-Than-Expected Loss as Costs Rise
Shares of Sweetgreen (SG) tumbled in Friday afternoon trading after the salad restaurant chain reported a wider-than-anticipated loss as costs rose.
Cramer's Mad Dash: Sweetgreen
CNBC's Jim Cramer delivers his daily Mad Dash.
Sweetgreen Posts Downbeat Results, Joins Evolent Health, Redfin, Pinterest And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.2% on Friday.
Sweetgreen, Inc. Announces Third 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...
The Setup: Sweetgreen and Toast reporting after the bell
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss both names and break down what he's expecting from the stocks.
Sweetgreen Opens Second North Carolina Location in Raleigh
RALEIGH, N.C.--(BUSINESS WIRE)--Today, Sweetgreen, the mission-driven restaurant brand connecting more people to real food, announced the opening of its second North Carolina location in North Hills i...
Final Trades: Tesla, Sweetgreen, AbbVie and Digital Realty
CNBC's Investment Committee join 'Halftime Report' to give you their top stocks to watch.
Sweetgreen: Far Beyond The Infinity Kitchen
Fast-casual restaurants, particularly those emphasizing fresh and healthy options like Sweetgreen and CAVA, are outperforming traditional fast-food chains due to shifting consumer preferences and pric...
Sweetgreen Brings Together Food and Fashion to Support Local Farms
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen (NYSE: SG) announced this weekend, on National Farmer's Day (Oct. 12), the launch of a limited-edition collection in collaboration with MNTGE, the fashion tech...
Sweetgreen to Announce Third Quarter 2024 Results on November 7, 2024
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG) will release financial results for the third quarter of 2024 after the market close on Thursday, November 7, 2024. In conjunction with the rel...
Sweetgreen's Growth and Expansion: A Closer Look Ahead of Q3 Earnings
Sweetgreen (SG, Financial) has been rewarding investors with significant gains, recently hitting a new 52-week high. The stock has been on an upward trend since early March, and with its Q3 earnings r...
Sweetgreen Makes Its North Carolina Debut in Charlotte
CHARLOTTE, N.C.--(BUSINESS WIRE)--Today, Sweetgreen, the mission-driven restaurant brand connecting more people to real food, announced the opening of its first Carolina location in Uptown Charlotte a...
Sweetgreen: New Units Growth To Support Faster Growth (Rating Upgrade)
I upgraded my rating from Hold to Buy, anticipating Sweetgreen's growth to accelerate to 20% in FY26 due to faster store openings. The Infinite Kitchen concept has significantly improved productivity,...
Sweetgreen Introduces the First-Ever Seasonal Version of the Harvest Bowl
LOS ANGELES--(BUSINESS WIRE)--Just in time for the fall days ahead, Sweetgreen (NYSE: SG) today announced its new menu items inspired by seasonal flavors. Starting Tuesday, Sept. 17, guests can enjoy ...
Sweetgreen: Infinite Kitchens Will Lead To Future Growth And Efficiencies
Q2 2024 financials show a 21% sales increase, improved profit margins, and reduced operating expenses, moving closer to GAAP profitability. Sweetgreen completed one Infinite Kitchen retrofit this quar...
Sweetgreen Poised For Big EBITDA Boost with Tech Innovation, Robotic Kitchens to Drive Margin Expansion: Analyst
Sweetgreen Inc SG stock price picked up after TD Cowen analyst Andrew Charles upgraded it from Hold to Buy and raised its price target from $31 to $43.
Sweetgreen's 2024 rally stays fresh as TD Cowen upgrades salad chain to buy
Investors continued flocking to Sweetgreen Inc.'s hot stock on Wednesday as the restaurant chain piled on more gains on the heels of a fresh upgrade to buy from hold at TD Cowen.