Sweetgreen, Inc. (SG)

NYSE: SG · IEX Real-Time Price · USD
22.73
-0.71 (-3.03%)
At close: Apr 12, 2024, 4:00 PM
22.80
+0.07 (0.31%)
After-hours: Apr 12, 2024, 5:54 PM EDT
-3.03%
Market Cap 2.57B
Revenue (ttm) 584.04M
Net Income (ttm) -113.38M
Shares Out 112.98M
EPS (ttm) -1.01
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,105,804
Open 23.30
Previous Close 23.44
Day's Range 22.30 - 23.39
52-Week Range 7.25 - 26.45
Beta 1.93
Analysts Buy
Price Target 20.22 (-11.04%)
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]

Industry Restaurants
IPO Date Nov 18, 2021
Employees 6,186
Stock Exchange NYSE
Ticker Symbol SG
Full Company Profile

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 Statements

Analyst Forecast

According to 9 analysts, the average rating for SG stock is "Buy." The 12-month stock price forecast is $20.22, which is a decrease of -11.04% from the latest price.

Price Target
$20.22
(-11.04% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day ago - Business Wire

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...

Other symbols: CAVAPZZASBUXYUM
4 weeks ago - Yahoo Finance

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

3 months ago - CNBC

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.

3 months ago - Market Watch

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - PRNewsWire

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...

4 months ago - Market Watch

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...

5 months ago - Fast Company

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

Sweetgreen Hires Kale-Shooting Robots to Speed Up Service

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

6 months ago - WSJ

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

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...

6 months ago - Business Wire

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

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...

7 months ago - Business Wire

Sweetgreen hit with allegations of racial discrimination in lawsuit

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.

7 months ago - Fox Business

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

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

7 months ago - CNBC

Sweetgreen Announces Partnership With Musician and Actress Reneé Rapp

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 ...

7 months ago - Business Wire

sweetgreen to Participate in the Piper Sandler Growth Frontiers Conference

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 F...

7 months ago - Business Wire

Sweetgreen Strengthens Leadership Team with Two New Hires

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 o...

8 months ago - Business Wire