Sweetgreen, Inc. (SG) Stock Dips While Market Gains: Key Facts

Company Performance - Sweetgreen, Inc. (SG) closed at $25.02, reflecting a -2% change from the previous day, underperforming the S&P 500 which gained 0.55% [1] - Over the past month, Sweetgreen's shares have increased by 12.17%, while the Retail-Wholesale sector and S&P 500 have decreased by 8.04% and 6.22% respectively [1] Earnings Projections - The upcoming EPS for Sweetgreen is projected at -$0.22, indicating a 4.35% increase compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $164.57 million, up 4.26% from the previous year [2] - For the full year, earnings are projected at -$0.59 per share and revenue at $764.46 million, reflecting increases of +25.32% and +12.95% respectively from the prior year [3] Analyst Sentiment - Recent shifts in analyst projections for Sweetgreen should be monitored, as upward revisions indicate positive sentiment regarding the company's business operations [4] - The Zacks Rank system, which evaluates estimate changes, currently ranks Sweetgreen at 4 (Sell), with a 14.73% decrease in the consensus EPS estimate over the past month [6] Industry Context - Sweetgreen operates within the Retail - Restaurants industry, which has a Zacks Industry Rank of 184, placing it in the bottom 27% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]