Sweetgreen, Inc. (SG) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Performance - Sweetgreen, Inc. closed at $33.65, reflecting a -0.18% change from the previous day, underperforming the S&P 500 which gained 0.53% [1] - Over the past month, Sweetgreen's shares appreciated by 5.15%, which is lower than the Retail-Wholesale sector's gain of 5.57% but higher than the S&P 500's gain of 1.24% [1] Upcoming Earnings - Sweetgreen is set to release its earnings report on February 26, 2025, with analysts expecting earnings of -$ 0.21 per share, indicating a year-over-year growth of 12.5% [2] - The consensus estimate for revenue is $162.38 million, reflecting a 6.11% growth compared to the same quarter last year [2] Analyst Forecasts - Recent revisions to analyst forecasts for Sweetgreen are important as they reflect short-term business trends, with positive changes indicating optimism regarding the company's business and profitability [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5] - Sweetgreen currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 0.41% in the past month [5] Industry Context - Sweetgreen operates within the Retail - Restaurants industry, which has a Zacks Industry Rank of 46, placing it in the top 19% of over 250 industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable environment for Sweetgreen within its industry [6]