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 ...

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 (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 ...

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 ...

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 ...

Shares of Sweetgreen, Inc. (SG) have gained 23.6% in the past three months compared with the industry's 6.3% growth. The company is benefiting from solid traffic and strategic pricing. Also, the focus on menu innovation and expansion efforts bode well. However, elevated expenses are a concern. Growth Catalysts for SG Stock Sweetgreen's growth strategy is centered on two key pillars: menu innovation and restaurant expansion. The company opened four new restaurants in the second quarter, with a strong pipelin ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Sweetgreen, Inc. (SG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Sweetgreen currently has an average brokerage recommend ...

Eoneren Since my previous review of Sweetgreen (NYSE:SG) back in May, the stock has slightly increased, although not as much as the S&P 500. Still, YTD the stock is up over 170%, far surpassing the S&P 500. Let's take a look at why this stock is soaring and dig into the company's recent financial performance. Innovation With A Renewed Focus On Employees During the quarter, Sweetgreen completed their first Infinite Kitchen retrofit, which occurred at the company's Penn Plaza location in New York City. The re ...

Sweetgreen, Inc. (SG) expands footprint with the opening of its first Ohio-based restaurant in the Short North. The new location follows significant interest from the Columbus market, which has been a key area for potential growth. Situated at 700 North High Street, the 3,605-square-foot restaurant will accommodate 46 diners and feature an open kitchen. The expansion into Ohio enables Sweetgreen to utilize its existing regional suppliers, which helps streamline operations and improve menu transparency. Stra ...

Sweetgreen Inc SG stock price picked up after TD Cowen analyst Andrew Charles upgraded it from Hold to Buy and raised its price target from $31 to $43. Charles vouched for Sweetgreen's long-term business given the intrinsic combination of transparent food sourcing and guest-facing technology, the two structural mega themes of the restaurant industry. The analyst is encouraged by execution that has improved 2024 traffic, likely sustaining in 2025. In the longer term, Sweetgreen's story is distinguished by In ...