Sweetgreen, Inc. (SG) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Company Performance - Sweetgreen, Inc. (SG) closed at $33, reflecting a +0.79% change from the previous trading day's closing, which lagged behind the S&P 500's daily gain of 1.83% [1] - The company's stock has decreased by 8.75% over the past month, underperforming the Retail-Wholesale sector's loss of 4.54% and the S&P 500's loss of 3.31% [1] Earnings Report Expectations - The upcoming earnings report for Sweetgreen, Inc. is anticipated to show an EPS of -$ 0.21, representing a 12.5% increase compared to the same quarter of the previous year [2] - Revenue is expected to reach $162.51 million, which is a 6.2% increase from the prior-year quarter [2] Analyst Estimates and Rankings - Recent changes to analyst estimates for Sweetgreen, Inc. are important as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Sweetgreen, Inc. at 3 (Hold) [5] - The Zacks Consensus EPS estimate has remained steady over the past month [5] Industry Context - Sweetgreen, Inc. operates within the Retail - Restaurants industry, which has a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [6] - The Zacks Industry Rank measures the strength of individual industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [6]