Sweetgreen Stock News

SACRAMENTO, Calif.--(BUSINESS WIRE)--Sweetgreen, the mission-driven restaurant brand connecting more people to real food, today announced its highly anticipated debut in Sacramento with two new openings this month. The brand's first Sacramento restaurant will open in Midtown (1629 S Street, Sacramento, CA 95811) on Tuesday, December 2, followed by a second location at Fair Oaks + Howe (2080 Fai...

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LOS ANGELES--(BUSINESS WIRE)--Sweetgreen today released the latest installment of its Faces of the Farm original content series, celebrating the farmers behind its fresh, real ingredients. The new video spotlights Freitas Brothers Farms, a fourth-generation coastal farm renowned for its high-quality vegetables, particularly its standout cauliflower. Timed with Sweetgreen's Late Fall Menu, which...

Sweetgreen stock has been up and down, in line with inconsistent business performance. It's currently dealing with external headwinds, as well as internal issues.

The fast-casual bowl boom has stalled, with Cava, Chipotle, and Sweetgreen all experiencing sales slumps and sharp stock selloffs. The chain restaurants are leaning on promotions and loyalty programs to pull customers back in through the door, in particular younger Gen Z consumers who helped make the brands success stories but who are now cutting back on spending.

Sweetgreen (SG) faces ongoing traffic declines, shrinking profit margins, and downward-revised guidance, leading to a reiteration of the Hold rating. SG's operational initiatives and protein-focused menu changes have yet to reverse negative sales trends, as core Millennial and Gen Z customers remain under financial pressure. The sale of Spyce Food Co. provides SG with a needed cash infusion, bu...

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, the mission-driven restaurant brand known for its craveable salads, plates, and bowls, today unveiled its first-ever 106g protein entrée — the Power Max Protein Bowl — alongside two new Caramelized Garlic Steak dishes, further expanding its lineup of high-protein meals. Available nationwide starting November 18, the new innovation underscores Sweetgreen...

Sweetgreen's sales per locations have dropped, and automation hasn't delivered profits. The company has a lot of cash to buy the necessary time to turn things around.