Shares of Sweetgreen, Inc. fell more than 15% after reporting Q1 results, bringing YTD losses to above 50%. The company swung to a decline in same-store sales growth, noting as well that traffic has worsened in April following tariff announcements. Still, I see plenty of white space for expansion of the Sweetgreen chain, while current macroeconomic pressures should be temporary in nature.
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 first fiscal quarter ended March 30, 2025. First quarter 2025 financial highlights For the first quarter of fiscal year 2025, compared to the first quarter of fiscal year 2024: T...
LOS ANGELES--(BUSINESS WIRE)--Today, Sweetgreen announced the launch of its first-ever KBBQ menu, a bold new offering created in collaboration with COTE Korean Steakhouse, the first and only Michelin-starred Korean steakhouse in America, with locations in Manhattan, Miami, Singapore, and a forthcoming outpost in Las Vegas. Launching nationwide on May 13 for a limited time, the menu features thr...
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand connecting more people to real food, today announced the appointment of Jason Cochran as the Company's Chief Operating Officer, effective May 5th. Cochran will oversee Field Operations and as well as Operations Services and Innovation for the Company and will report directly to Sweetgreen's Co-Founder...
Sweetgreen (SG 0.21%) made a splash with its initial public offering (IPO) in November 2021, but not in a good way. Shares of the health-forward fast-casual chain tanked not long after their debut.
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG) will release financial results for the first quarter of 2025 after the market close on Thursday, May 8, 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 will be available on the inves...
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