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Sweetgreen: 25%+ Annualized Potential Upside Through 2027
Seeking Alpha· 2025-04-06 22:04
Core Insights - The article discusses the investment potential of Sweetgreen (NYSE: SG) and indicates that the timing for such an analysis has been awaited for some time [1]. Group 1: Company Overview - Sweetgreen is positioned as a high-yield investment opportunity for individual investors, focusing on healthy food options [1][2]. - The company has garnered attention due to its unique market positioning and growth potential within the fast-casual dining sector [1]. Group 2: Investment Analysis - The analysis aims to simplify complex investment concepts and provide actionable advice to enhance investor returns [2]. - The article emphasizes the importance of expert research in making informed investment decisions, particularly in the context of Sweetgreen [2].
Why Sweetgreen Stock Was Wilting Today
The Motley Fool· 2025-04-03 21:18
Shares of Sweetgreen (SG -11.95%) took a dive today, as it was one of several restaurant stocks to react negatively to President Trump's "Liberation Day" tariff announcement last night.On a day when the S&P 500 (^GSPC -4.84%) fell 4.8%, Sweetgreen finished down 12%. What's Sweetgreen's tariff exposure?Though Sweetgreen sources most of its ingredients domestically, it does import some food products from outside the U.S., including Mexico, and counts on components from China for its Infinite Kitchen systems. ...
Sweetgreen, Inc. (SG) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-03-31 23:21
Coming into today, shares of the company had gained 12.17% in the past month. In that same time, the Retail- Wholesale sector lost 8.04%, while the S&P 500 lost 6.22%. The investment community will be paying close attention to the earnings performance of Sweetgreen, Inc. in its upcoming release. The company's upcoming EPS is projected at -$0.22, signifying a 4.35% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $164.5 ...
Sweetgreen, Inc. (SG) Rises But Trails Market: What Investors Should Know
ZACKS· 2025-03-14 23:00
In the latest market close, Sweetgreen, Inc. (SG) reached $23.80, with a +0.68% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 2.13%. Meanwhile, the Dow gained 1.65%, and the Nasdaq, a tech-heavy index, added 2.61%.Heading into today, shares of the company had lost 12.96% over the past month, outpacing the Retail-Wholesale sector's loss of 13.31% and lagging the S&P 500's loss of 9.57% in that time.The upcoming earnings release of Sweetgreen, Inc. will ...
Why Sweetgreen Stock Plunged 31% Last Month
The Motley Fool· 2025-03-07 16:45
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. Sweetgreen stock was already down by about 30% by then, meaning the report wasn't the problem per se.Perhaps some commentary from analysts can help explain what was going on with Sweetgreen stock in February. On Feb. 11, analysts at C ...
Sweetgreen Bets on Fries and Loyalty for Growth
The Motley Fool· 2025-03-06 11:00
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. Here are the three most important insights for long-term investors.First Full Year of Adjusted EBITDA ProfitabilitySweetgreen achieve ...
Sweetgreen: Disappointing Slide In Growth, Recovery Will Likely Take Time (Downgrade)
Seeking Alpha· 2025-02-28 00:39
Group 1 - Gary Alexander has extensive experience in covering technology companies on Wall Street and working in Silicon Valley, which provides insights into current industry themes [1] - He has been a contributor on Seeking Alpha since 2017 and has been quoted in various web publications, indicating his influence in the investment community [1] - His articles are syndicated to popular trading apps like Robinhood, suggesting a broad reach to retail investors [1]
Here's What Key Metrics Tell Us About Sweetgreen (SG) Q4 Earnings
ZACKS· 2025-02-27 16:31
For the quarter ended December 2024, Sweetgreen, Inc. (SG) reported revenue of $160.9 million, up 5.2% over the same period last year. EPS came in at -$0.25, compared to -$0.24 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $162.25 million, representing a surprise of -0.83%. The company delivered an EPS surprise of -19.05%, with the consensus EPS estimate being -$0.21.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...
Sweetgreen(SG) - 2024 Q4 - Annual Report
2025-02-27 02:29
Financial Performance - Revenue for the fiscal year ended December 29, 2024, was $676.826 million, an increase of 16% compared to $584.041 million in 2023[478]. - Net loss for the fiscal year ended December 29, 2024, was $90.373 million, compared to a net loss of $113.384 million in 2023, representing a reduction of about 20%[478]. - The company reported a basic and diluted net loss per share of $0.79 for 2024, an improvement from $1.01 in 2023[478]. - Total revenue for the fiscal year ended December 29, 2024, was $676.8 million, an increase of 15.9% from $584.0 million in 2023[553]. - The company recognized $730,000 in revenue from gift card liability in 2024, up from $480,000 in 2023[554]. - The net loss for the fiscal year ended December 31, 2023, was $113.384 million, resulting in a basic and diluted loss per share of $1.01[612]. Cash and Liquidity - As of December 29, 2024, the company had $214.8 million in cash and cash equivalents, down from $257.2 million as of December 31, 2023[461]. - Cash provided by operating activities increased to $43,390 thousand in fiscal year 2024, compared to $26,480 thousand in fiscal year 2023[482]. - Cash and cash equivalents decreased to $214.789 million in 2024 from $257.230 million in 2023, a decline of approximately 16%[477]. - Total current assets decreased to $234.537 million in 2024 from $276.111 million in 2023, a decline of approximately 15%[477]. Expenses and Costs - The company incurred total restaurant operating costs of $543.877 million in 2024, up from $482.121 million in 2023, an increase of approximately 13%[478]. - General and administrative expenses were $149.942 million in 2024, slightly up from $146.762 million in 2023, reflecting a marginal increase of about 1%[478]. - Marketing expenses for the fiscal year ended December 29, 2024, were $16.9 million, an increase from $14.3 million in 2023[538]. - The company incurred restructuring charges of $2,300 thousand in fiscal year 2024, down from $7,400 thousand in fiscal year 2023[502]. Supply Chain and Operational Challenges - The company experienced supply chain disruptions for tomatoes and cucumbers in Q4 FY 2024 due to extreme weather conditions, leading to higher prices or temporary discontinuation of these products in certain markets[460]. - The company has been facing supply chain disruptions for bowls and plates since the beginning of 2023, resulting in the use of alternative packaging solutions[460]. - The company is exposed to commodity price risks, with potential adverse effects on results if ingredient prices increase and menu prices do not adjust accordingly[458]. Growth and Expansion - The company opened 25 net new restaurants in fiscal year 2024, bringing the total to 246 restaurants across 22 states and Washington, D.C.[483]. - The company’s future growth is highly dependent on its ability to open new restaurants, which is subject to unpredictable factors[33]. - The company’s long-term success relies on effectively identifying and securing appropriate sites for new restaurants[33]. Assets and Liabilities - Total liabilities increased to $410.613 million in 2024 from $373.960 million in 2023, an increase of approximately 10%[477]. - Operating lease liabilities, net of current portion, rose to $288.941 million in 2024 from $271.439 million in 2023, an increase of about 6%[477]. - Total stockholders' equity decreased to $446.145 million in 2024 from $482.597 million in 2023, a decline of about 8%[477]. - Total property and equipment increased from $452.95 million in 2023 to $535.90 million in 2024, with accumulated depreciation rising from $186.05 million to $239.41 million[561]. Tax and Deferred Assets - The company had a net operating loss carryforward of $794.8 million as of December 29, 2024, with $692.9 million eligible for indefinite carryforward[606]. - The total deferred tax assets, net of valuation allowance, amounted to $53.6 million as of December 29, 2024[604]. - The company recorded an income tax benefit of $(1.3) million for the fiscal year ended December 29, 2024[602]. Stock and Equity - The Company recognized stock-based compensation expense of $39.0 million for the fiscal year ended December 29, 2024, a decrease from $49.5 million in the previous year[601]. - The total intrinsic value of options exercised in fiscal year 2024 was $50.8 million, significantly higher than $7.5 million in 2023[586]. - The Company issued 535,789 restricted stock units (RSUs) during the fiscal year ended December 29, 2024, with a weighted average grant date fair value of $20.81[592]. - The Company had 13,169,869 stock options outstanding as of December 29, 2024, with a weighted average exercise price of $9.88[586]. Legal and Regulatory Matters - The Company is subject to various claims and lawsuits, but does not anticipate a material effect on its financial position from these matters[616]. - The Company has various operating leases with contingent rent obligations based on sales exceeding specified thresholds[614].
Sweetgreen(SG) - 2024 Q4 - Earnings Call Transcript
2025-02-27 01:40
Sweetgreen, Inc. (NYSE:SG) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Rebecca Nounou – Investor Relations Jonathan Neman – Co-Founder and Chief Executive Officer Mitch Reback – Chief Financial Officer Conference Call Participants Jon Tower – Citi Andrew Charles – TD Cowen Dennis Geiger – UBS Sharon Zackfia – William Blair Rahul Krotthapalli – JPMorgan Katherine Griffin – Bank of America Brian Mullan – Piper Sandler Christine Cho – Goldman Sachs Brian Harbour – Morgan ...