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Sweetgreen, Inc. (SG) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-08 00:10
Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.50%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.13, delivering a surprise of -18.18%.Over the last four quarters, the company has not bee ...
Sweetgreen(SG) - 2024 Q3 - Quarterly Results
2024-11-07 21:07
Sweetgreen, Inc. Announces Third Quarter 2024 Financial Results 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 third fiscal quarter ended September 29, 2024. Third quarter 2024 financial highlights For the third quarter of fiscal year 2024, compared to the third quarter of fiscal year 2023: • Total revenue was $173.4 million, versus $153 ...
Sweetgreen Co-Founder Nicolas Jammet on Infinite Kitchens and Food Innovation
The Motley Fool· 2024-11-07 15:44
The name Sweetgreen comes from froyo (frozen yogurt) and salad -- sweet green.Nicolas Jammet is the co-founder and chief concept officer of Sweetgreen, a health-minded fast-casual restaurant chain with more than 200 locations. In this podcast, Jammet joined Motley Fool host Mary Long for a conversation about:The future of automation and eating.Creating an "Apple-like" retail experience at a restaurant.Sweetgreen's balance between value and growing to become profitable.To catch full episodes of all The Motle ...
Sweetgreen, Inc. (SG) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-10-31 15:07
The market expects Sweetgreen, Inc. (SG) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be re ...
Sweetgreen: Far Beyond The Infinity Kitchen
Seeking Alpha· 2024-10-24 14:02
We all know that Sweetgreen (NYSE: SG ) isn’t just about salads. That was made clearer with the introduction of Caramelized Garlic Steak in May. This menu innovation notI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our coverage s ...
Why the Market Dipped But Sweetgreen, Inc. (SG) Gained Today
ZACKS· 2024-10-22 23:21
Sweetgreen, Inc. (SG) closed at $36.96 in the latest trading session, marking a +0.24% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.05% for the day. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.18%.Heading into today, shares of the company had gained 2.9% over the past month, outpacing the Retail-Wholesale sector's gain of 1.71% and the S&P 500's gain of 2.76% in that time.Analysts and investors alike will b ...
Are Small Caps a Sleeping Giant Right Now?
Schaeffers Investment Research· 2024-10-15 17:09
Subscribers to Chart of the Week received this commentary on Sunday, October 6. Small cap stocks were a feel-good story back in the summer, a feather in the cap of a resilient economy. The Russell 2000 Index (RUT) was reclaiming $2,000 and looking to make a run at 2021's record highs near $2,400. The RUT, moving in lockstep with the S&P 500 up the charts, was even more noteworthy given how sensitive small caps are to sticky inflation data and the high interest-rate environment Wall Street was in just three ...
Sweetgreen's Growth and Expansion: A Closer Look Ahead of Q3 Earnings
Gurufocus· 2024-10-09 15:14
Sweetgreen (SG, Financial) has been rewarding investors with significant gains, recently hitting a new 52- week high. The stock has been on an upward trend since early March, and with its Q3 earnings report approaching, here's a detailed look at its recent performance and future prospects. Sweetgreen has consistently seen its stock rise post-earnings for the past three quarters. The Q3 results are expected in early November. In Q2, Sweetgreen reported a larger-than-expected loss, but investors focused on th ...
SG's Debut in North Carolina's Charlotte Boosts Market Expansion
ZACKS· 2024-10-01 17:25
Sweetgreen, Inc. (SG) has set foot in North Carolina for the very first time, announcing its debut restaurant in the Uptown Charlotte location. The new location is expected to accommodate up to 42 diners inside and 26 diners on the restaurant's patio. SG stock dipped 1.4% during the trading hours but inched up 0.1% in the after-hours on Monday. More About Sweetgreen's New Location Following the latest menu launch of three limited-time-only menu items, this 2,479-square-foot restaurant in the Charlotte locat ...
Is It Too Late to Buy Sweetgreen Stock?
The Motley Fool· 2024-09-26 11:53
Sweetgreen stock has soared more than 220% in 2024. Is it too late for hungry investors to take a bite? Shares of Sweetgreen (SG -2.03%) have skyrocketed in 2024. The stock has gained 223% year-to-date, erasing the price drop that followed the inflation crisis in 2022. This hefty price jump raises a few natural questions for potential Sweetgreen investors. Is it too late to buy stock in the salad-based fast-casual restaurant chain, or can the surge continue from here? Let's see what's going on. Sweetgreen's ...