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

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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.

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.

Sweetgreen hit with allegations of racial discrimination in lawsuit

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

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

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 share her signature order with fans. Featuring fresh, craveable ingredients like spicy broccoli, roasted tofu and Sweetgreen's famous Spicy Cashew Dressing, fans can eat like Reneé Rapp by downloading the SG app and ordering her bowl at Sweetgreen restaurants starting September 13. Fresh off the re.

Sweetgreen Announces Partnership With Musician and Actress Reneé Rapp

I am positive on the business growth due to signs of recovery in urban traffic and the launch of the Sweetpass loyalty program. The launch of Sweetpass is expected to drive further traffic to SG's stores. This loyalty program offers discounts, which might impact SSS initially but is likely to increase overall foot. SG's infinite kitchen model, with increased production efficiency and reduced labor costs, is a potential growth driver with higher profit margins, positioning SG for long-term success.

Sweetgreen: Positive Signs Of Traffic Recovery In SG Urban Areas

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 Frontiers Conference on Tuesday, September 12, 2023. On that day, the fireside chat will be held at the Virgin Hotels Nashville at 1:30 p.m. Central Time. A live webcast of the fireside chat will be available at investor.sweetgreen.com on the Events + Presentations page. About Sweetgreen: Sweetgreen.

sweetgreen to Participate in the Piper Sandler Growth Frontiers Conference

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 of Marketing, to join the Sweetgreen team. "We are thrilled to have these two industry leaders join our team at such an exciting time for the company,” said Sweetgreen Co-Founder and Chief Executive Officer, Jonathan Neman. “Over the past several months, we have introduced heartier menu options and.

Sweetgreen Strengthens Leadership Team with Two New Hires

Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain's strategy to expand beyond large metropolitan areas on the east and west coasts.

Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push

Cava Group, Inc.

Delivery orders are usually more expensive, thanks to added fees and even higher menu prices.

Cava and Sweetgreen see delivery orders fall as customers pick up their own food

LOS ANGELES--(BUSINESS WIRE)--Today, sweetgreen (NYSE: SG), the mission-driven restaurant brand serving healthy food at scale, announced its late summer menu featuring a revival of the fan-favorite salad, the Italian Chopped. The salad includes a medley of tangy and refreshing ingredients inspired by coastal flavors that are reminiscent of a Mediterranean holiday. Customers can order the Italian Chopped as part of Sweetgreen's late summer menu, available starting Tuesday, August 15. Known for b.

Sweetgreen Launches Italian Chopped Salad With Fresh Flavors Inspired by Mediterranean Coast

Sweetgreen serves up healthy food, but its top-line growth appears tepid compared to Cava's. Cava is burning far less cash than Sweetgreen, but shareholders may be rewarding the stock too much.

Better Buy: Sweetgreen or Cava?

Sweetgreen stock sold off after Friday's earnings miss. The stock is bouncing back today on a big upgrade from Piper Sandler.

Why Sweetgreen Stock Bounced Back Today

Sweetgreen missed top- and bottom-line estimates. The company did show margin improvement and reported its first quarter of positive adjusted EBITDA.

Why Sweetgreen Stock Was Sliding Today

Sweetgreen Inc has reported a narrower second-quarter loss as it targets its first profit in 2024 and said it may reach break-even on underlying earnings by the end of 2023. However, sales at the US casual restaurant chain specializing in salads fell short of expectations, sending its shares sharply lower on Friday.

Sweetgreen narrows its losses but 2Q sales leave investors bitter

Sweetgreen, Inc. (NYSE:SG ) Q2 2023 Earnings Conference Call July 27, 2023 5:00 PM ET Company Participants Rebecca Nounou - Head, IR Jonathan Neman - Co-Founder & CEO Mitch Reback - CFO Conference Call Participants Sharon Zackfia - William Blair Katherine Griffin - Bank of America John Ivankoe - JPMorgan Chris Carril - RBC Capital Markets Karen Holthouse - Citi Andrew Charles - TD Cowen Brian Mullan - Piper Sandler Operator Good day, everyone, and welcome to the Sweetgreen Second Quarter 2023 Earnings Call. Today's call is being recorded.

Sweetgreen, Inc. (SG) Q2 2023 Earnings Call Transcript

Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.36 per share a year ago.

Sweetgreen, Inc. (SG) Reports Q2 Loss, Lags Revenue Estimates

Shares of Sweetgreen Inc. SG, -5.85% dropped more than 9% in the extended session Thursday after the fast-casual restaurant posted a wider-than-expected quarterly loss and missed Wall Street expectations for its revenue. Sweetgreen lost $27.3 million, or 24 cents a share, in the second quarter, compared with a loss of $40.5 million, or 37 cents a share, in the prior-year period.

Sweetgreen stock down more than 9% after wider loss, revenue miss for fast-casual restaurant chain

Sweetgreen, which went public in November 2021, is aiming to turn a profit for the first time by 2024.

Salad chain Sweetgreen narrows losses but reports weak sales

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 second fiscal quarter ended June 25, 2023. Second quarter 2023 financial highlights For the second quarter of fiscal year 2023, compared to the second quarter of fiscal year 2022: Total revenue was $152.5 million, versus $124.9 million in the prior year period, an increase of 22%.

Sweetgreen, Inc. Announces Second Quarter 2023 Financial Results

Sweetgreen is a fast-casual restaurant chain specializing in fresh, healthy, and customizable salads and bowls, with a strong focus on sustainability and technology integration. The company operates in a competitive industry but has several competitive advantages including a health-focused brand, sustainable sourcing, and strong customer loyalty. Opportunities for continued growth include geographic expansion, menu innovation, and digital marketing, allowing the business to continue its current trajectory.

Sweetgreen: On A Path To Expansion In A Competitive Industry

Sweetgreen, Inc. (SG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sweetgreen, Inc. (SG) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Sweetgreen (SG) continues to expand its domestic footprint, unveiling its first Wisconsin restaurant in Milwaukee.

Sweetgreen (SG) Boosts Presence With New Restaurant in Milwaukee

LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen, the mission-driven restaurant brand serving healthy food at scale, announces its first Wisconsin restaurant is set to open in Milwaukee's Historic Third Ward neighborhood on July 18. Wisconsin marks the fifth state Sweetgreen has entered in the Midwest amidst the brand's continued nationwide expansion. Sweetgreen looks to provide healthy and convenient options to Milwaukee's bustling, urban community. Following the opening of Sweetgreen Third War.

Sweetgreen Expands Its Midwest Presence Into Wisconsin

Sweetgreen, Inc. (SG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Sweetgreen, Inc. (SG) Moves 15.5% Higher: Will This Strength Last?

Sweetgreen Inc (NYSE: SG) will likely rally further over the next twelve months, said a Bank of America analyst today in a bullish note. Sweetgreen stock has already more than doubled The chain of fast casual restaurants has already more than doubled since late March.

Sweetgreen stock should be worth $17: Bank of America analyst

Shares of Sweetgreen Inc. soared in active trading Thursday, after BofA Securities' Katherine Griffin turned bullish on the salads restaurant chain, citing increasing foot traffic, loyalty and automation.

News for Sweetgreen Stock (SG)