Sweetgreen, Inc. (SG) reported $157.85 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 26.2%. EPS of -$0.23 for the same period compares to -$0.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $152.32 million, representing a surprise of +3.63%. The company delivered an EPS surprise of -9.52%, with the consensus EPS estimate being -$0.21.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

And separately, if not, would you consider just adding kiosks all locations over time, just given the check lift you're getting? Jon Tower Thanks. Thanks for taking my question. Hoping you could -- we've heard from others in the industry that second quarter -- first quarter itself was kind of choppy. Second quarter also kind of going in the wrong direction for a handful of concepts. I was kind of curious to get your perspective on what you're seeing with respect to consumer demand, specifically on the traff ...

FORM 10-Q (Mark One) Commission file number 001-41069 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from______to______ SWEETGREEN, INC. (Exact name of registrant as specified in its charter) Delaware 27-1159215 ( ...

Sweetgreen, Inc. Announces First 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 first fiscal quarter ended March 31, 2024. First quarter 2024 financial highlights For the first quarter of fiscal year 2024, compared to the first quarter of fiscal year 2023: (1) Restaurant-Level Profit, Restaurant-Level Profi ...

Are investors hyped for the wrong "salad stock"?In the first quarter of 2024, restaurant company Sweetgreen (SG -1.15%) was among the stock market's top performers. As of this writing, shares of the salad-centric chain are up 115% year to date and have doubled in only the past month. It's a nice reprieve for shareholders, considering Sweetgreen stock has largely trended downwards since it went public in 2021.Sweetgreen stock started skyrocketing for fundamental reasons, which is good. On Feb. 29, the compan ...

EMS-FORSTER-PRODUCTIONS/DigitalVision via Getty ImagesInvestment overview I give a buy rating for Sweetgreen (NYSE:SG) as I am bullish on the two key growth strategies that management has implemented: Sweetpass and menu innovations. Both of these have seen positive traction so far, and I expect management to continue providing positive updates on these fronts. As SG continues to grow and turn profitable, I expect its valuation to gradually improve to its peers’ level, providing attractive upside. Busine ...

Sweetgreen, Inc. (SG) shares rallied 7.9% in the last trading session to close at $21.37. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 67.8% gain over the past four weeks.Sweetgreen’s rally is buoyed by optimism regarding the company’s strength in menu innovation, supply chain advancements and cutting-edge technology integration. Also, emphasis on strategic initiatives aimed at increasing traffic to drive ...

Shares of Sweetgreen (SG 28.81%) popped Friday morning after the fast-casual salad specialist posted strong results in its fourth-quarter report.The company beat revenue estimates, made progress on the bottom line, and offered first-quarter guidance that was better than the analysts' consensus view. As of noon ET, the stock was up 30.3%. Sweetgreen stock gets more appetizingIn Q4, Sweetgreen's revenue jumped 29% to $153 million. That growth was primarily driven by new restaurant openings, as same-store sale ...

Corporate Participants Conference Call Participants Operator I will now hand today's call over to Rebecca Nounou, VP, Head of Investor Relations. Please go ahead. Our earnings release is available on our website at investor.sweetgreen.com. During this call, we will be making comments of a forward-looking nature. Actual results may differ materially from those expressed or implied as a result of various risks and uncertainties. For more information about some of these risks, please review the company's SEC f ...

Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.35%. A quarter ago, it was expected that this company would post a loss of $0.19 per share when it actually produced a loss of $0.22, delivering a surprise of -15.79%.Over the last four quarters, the company has surpasse ...