LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, the mission-driven restaurant brand connecting more people to real food, today announced the nominations of Monty Moran, former co-CEO of Chipotle Mexican Grill, and Dawn Ostroff, former Chief Content and Advertising Business Officer at Spotify, to stand for election to the company's Board of Directors at its 2025 annual meeting of stockholders. “Monty ...
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Shares of salad restaurant chain Sweetgreen (SG -2.42%) plunged 30.9% in February, according to data provided by S&P Global Market Intelligence. The company did report financial results for the fourth quarter of 2024 during the month, but that report didn't come until Feb. 26.
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), today announced that the company will present at the following investor conferences: Bank of America Consumer and Retail Conference on March 11th, 2025. The fireside chat will be held that day at 9:40am ET. J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 13th, 2025. The fireside chat will be held that ...
Sweetgreen (SG 7.17%) held its fourth-quarter 2024 earnings call on February 26, 2025, revealing significant progress in its mission to redefine fast food through superior sourcing, culinary excellence, and innovative technology. While the restaurant chain faces near-term challenges, management outlined several strategic initiatives to drive growth and expand margins in 2025.
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...
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