Sweetgreen, Inc. (SG)
| Market Cap | 2.91B |
| 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 | 2,956,859 |
| Open | 25.86 |
| Previous Close | 24.40 |
| Day's Range | 25.36 - 26.92 |
| 52-Week Range | 8.64 - 36.72 |
| Beta | 2.32 |
| Analysts | Buy |
| Price Target | 30.60 (+19.25%) |
| Earnings Date | Aug 8, 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 10 analysts, the average rating for SG stock is "Buy." The 12-month stock price forecast is $30.6, which is an increase of 19.25% from the latest price.
News
Rise of the Restaurant Robots: Chipotle, Sweetgreen and Others Bet on Automation
Kernel, a New York City startup from Chipotle Mexican Grill founder Steve Ells, uses a robotic arm to flip plant-based burger patties and a conveyor belt to move dishes along the assembly line. Humans...
Sweetgreen to Announce Second Quarter 2024 Results on August 8, 2024
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), will release financial results for the second quarter of 2024 after the market close on Thursday, August 8, 2024. In conjunction with the rel...
Cava, Sweetgreen, Chipotle Stock Are Down This Week. What's Behind the Selloff.
Shares of fast-casual restaurants Cava, Sweetgreen, Wingstop, Chipotle and Shake Shack have slipped this week.
Restaurants bulk up on protein offerings: Here's what to know
Consumers may be spending at restaurants more cautiously, but there's been a bright spot for some companies with specialty protein offerings. CNBC's Kate Rogers joins 'Squawk on the Street' with more.
Saluda Grade Moves Towards CRE via Platform Investment into Hillcrest Finance
NEW YORK--(BUSINESS WIRE)--Saluda Grade announces a passive, minority stake in Hillcrest Financial, expanding focus into commercial real estate credit opportunities.
Sweetgreen CEO: The price value we offer is 'really resonating' with consumers
Sweetgreen CEO Jonathan Neman joins CNBC's 'The Exchange' to discuss how menu expansion has helped drive Sweetgreen's profitability, where the company is opening automated locations, and more.
Why Chipotle, Sweetgreen, and Others Are Defying the 'Value Meal' Trend
As a price war brews in the fast-food industry with a number of chains rolling out "value meal" deals to win consumers amid a pullback in consumer spending, some higher-priced chains in the "fast-casu...
Sweetgreen to Participate at Upcoming Investor Conferences
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), today announced that the company will present at the following investor conferences: 44th Annual William Blair Growth Stock Conference on Jun...
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.