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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Today, we take our first look at restaurant operator Sweetgreen, Inc., who is aggressively rolling out new stores even in a difficult environment for the industry. Sweetgreen is quite innovative, sources from local and organic food providers, and gets 60% of overall sales from digital channels.

Sweetgreen: Not Tasty Enough Yet

The mean of analysts' price targets for Sweetgreen, Inc. (SG) points to an 90% 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.

Does Sweetgreen, Inc. (SG) Have the Potential to Rally 89.97% as Wall Street Analysts Expect?

The heavy selling pressure might have exhausted for Sweetgreen, Inc. (SG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -22.23% in 4 Weeks, Here's Why Sweetgreen, Inc. (SG) Looks Ripe for a Turnaround

LOS ANGELES--( BUSINESS WIRE )--Today, sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announces its latest campaign, Green January, an opportunity for customers to jumpstart a healthy routine in the new year through real, fresh food.

sweetgreen Launches ‘Green January' to Kickstart the New Year

Chipotle

McDonald's

Starbucks

Restaurant chains experimented with automation this year as the labor crunch pressured their profits.

The year of the restaurant robot: Why chains are investing in automation and what it means for workers

LOS ANGELES--( BUSINESS WIRE )--Today, December 13, sweetgreen, the mission-driven restaurant brand serving healthy food at scale, opens its first Tampa restaurant. Tampa will be the 5th new market sweetgreen has opened in 2022.

sweetgreen Expands to Florida's Sun Coast This December

LOS ANGELES--( BUSINESS WIRE )--Today, sweetgreen announces that Chris Carr, Chief Operating Officer (“COO”), will be departing the Company for personal reasons on March 17, 2023. In the first quarter of 2023, Chris will stay on in an advisory capacity. Effective January 1, 2023, Stephanie Traut, SVP of Operations, will oversee Operations reporting directly to Jonathan Neman.

sweetgreen Announces Change to the Executive Leadership Team

Founder SPAC

NEW YORK--( BUSINESS WIRE )--Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading digital marketplace for waste and recycling and provider of innovative software-based products for businesses and governments worldwide, today announced that it has signed an extended, three-year agreement with Sweetgreen, Inc. (“sweetgreen”) (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, to continue to help expand sweetgreen's waste diversion efforts, and provide enhanced account management as the company's lead partner for waste, recycling, and composting services.

Rubicon Announces Multi-Year Extension Agreement with Sweetgreen

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 Morgan Stanley Global Consumer & Retail Conference on Wednesday, December 7, 2022. On that day, the fireside chat will be held at the InterContinental New York Barclay at 1:00 p.m. Eastern Time.

sweetgreen to Participate in the Morgan Stanley Global Consumer & Retail Conference

LOS ANGELES--( BUSINESS WIRE )--Today, sweetgreen, the mission-driven restaurant brand serving healthy food, announced the opening of its first advanced order vehicle pickup window, “sweetlane” located in Schaumburg, IL. The grand opening of “sweetlane” on November 15 serves as the latest iteration of the company's evolving restaurant experience, testing new formats to meet customers where they are.

sweetgreen Opens First Order Ahead Drive-up Format, “sweetlane”

Management's reduced revenue guidance drove some investors to sell.

Why Sweetgreen Stock Sank 15% This Week

Sweetgreen, Inc. (NYSE:SG ) Q3 2022 Results Conference Call November 8, 2022 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 Andrew Charles - Cowen Jared Garber - Goldman Sachs Matt Curtis - William Blair John Glass - Morgan Stanley Brian Bittner - Oppenheimer Jon Tower - Citi Katherine Griffin - Bank of America Chris Carril - RBC Capital Operator Good afternoon, ladies and gentlemen. Welcome to the Sweetgreen Q3 2022 Earnings Conference Call.

Sweetgreen, Inc. (SG) Q3 2022 Earnings Call Transcript

There are several key trends that are shaping the food industry, which benefits Sweetgreen, Inc. There are plenty of addressable markets in the U.S. that enable Sweetgreen, Inc. to continue growing.

Sweetgreen: Digital-Led Brand Addresses Consumer Preference For Healthy Food

Investors seem to be losing faith in this promising salad restaurant.

Here's Why Sweetgreen Stock Plunged Today

Sweetgreen Inc. shares fell in the extended session Tuesday after the locally sourced restaurant chain missed Wall Street expectations for the quarter, and warned that revenue will be at or slightly below the low end of its forecast

Sweetgreen stock wilts as results, outlook disappoint

Shares of Sweetgreen fell 10% in after-hours trading on Tuesday after the salad chain reported a wider-than-expected loss and lowered its full-year revenue outlook.

Sweetgreen shares tumble after salad chain lowers revenue outlook

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 third fiscal quarter ended September 25, 2022.

Sweetgreen, Inc. Announces Third Quarter 2022 Financial Results

Sweetgreen worked with pastry chef Malcolm Livingston II to create the Crispy Rice Treat.

Sweetgreen is launching its first national dessert — a 'healthy' take on the Rice Krispies Treat

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen, the mission-driven restaurant brand serving healthy food at scale, announced the launch of its brand new dessert category, with its first offering being the Crispy Rice Treat.

sweetgreen Launches Desserts

We are initiating coverage on Sweetgreen, a company with strong growth fundamentals and high digital penetration. Sweetgreen's Q2 earnings have been solid with reasonable top-line growth in key metrics.

Sweetgreen: Initiating Coverage On A Salad Empire

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 2022 after the market close on Tuesday, November 8, 2022.

Sweetgreen to Announce Third Quarter 2022 Results on November 8, 2022

LOS ANGELES--(BUSINESS WIRE)--sweetgreen, the mission-driven restaurant brand serving healthy food at scale, will open its highly anticipated first restaurants in Indiana, at The Fashion Mall at Keystone in Indianapolis, and in Minnesota, at the Galleria Mall in Edina, on September 13. “Today we open in two new states in the Midwest, helping us to further our goal of connecting more people around the country to healthy, fresh and convenient food options,” said sweetgreen Co-founder and Chief Co

sweetgreen to Open First Indiana and Minnesota Restaurants

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 Goldman Sachs 29th Annual Global Retailing Conference on Wednesday, September 7, 2022. On that day, the fireside chat will be held at the Conrad Hotel in New York at 1:00 p.m. Eastern Time. A live webcast of the fireside chat will be available at investor.sweetgreen.com on the Events + Presentations page. About sweetgre

sweetgreen to Participate in the Goldman Sachs 29th Annual Global Retailing Conference

F2Q2022 revenues of ~$125 million missed analyst estimates by ~$5 million. Loss per share of $0.36 was inline with consensus projections.

Sweetgreen: Strong Second Quarter Results Solidify Our Long-Term Outperformance Thesis

Sweetgreen, Inc. (NYSE:SG ) Q2 2022 Results Conference Call August 9, 2022 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 Glass - Morgan Stanley John Ivankoe - JPMorgan Sharon Zackfia - William Blair Jared Garber - Goldman Sachs Katherine Griffin - Bank of America Chris Carril - RBC Capital Markets Andrew Charles - Cowen Operator Good afternoon, ladies and gentlemen. Welcome to the Sweetgreen Second Quarter 2022 Earnings Conference Call.

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