Shares of Sweetgreen dropped over 10% after reporting a deceleration in same-store sales growth in Q4, while also forecasting continued deceleration in FY25. The company is expecting same-store sales growth to turn negative in Q1, driven in part by LA wildfires (LA represents ~15% of the company's portfolio). I'm downgrading Sweetgreen to neutral on its weaker growth trends, though the long-ter...
LOS ANGELES--(BUSINESS WIRE)--2025 Outlook, second section, third bullet of release should read: Same-Store Sales Change of approximately (5)-(3)% (instead of Same-Store Sales Change of approximately 5-3%). The updated release reads: SWEETGREEN, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2024 FINANCIAL RESULTS Sweetgreen, Inc. (NYSE: SG) (the “Company”), the mission-driven, next-generation r...
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 fourth fiscal quarter and fiscal year ended December 29, 2024. Fourth Quarter 2024 Financial Highlights For the fourth quarter of fiscal year 2024, compared to the fourth quarter...
CAVA Group Inc (NYSE:CAVA) and Sweetgreen Inc (NYSE:SG) are slated to report fourth-quarter results after the close tomorrow and on Wednesday, Feb. 26, respectively.
Growth stocks are a great tool to build lasting wealth in the stock market. Three Motley Fool contributors believe Celsius Holdings (CELH -1.41%), Sweetgreen (SG 0.11%), and Shopify (SHOP 0.55%) offer excellent return prospects over the long term, but Wall Street analysts also see the potential for upside in the near term.
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG) will release financial results for the fourth quarter and full fiscal year of 2024 after the market close on Wednesday, February 26, 2025. On that day, the company will host a webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company's business and financial results. A live webcast of the company's earnings call w...
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