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Why Sweetgreen, Inc. (SG) Dipped More Than Broader Market Today
SweetgreenSweetgreen(US:SG) ZACKSยท2025-07-01 23:16

Company Performance - Sweetgreen, Inc. closed at $14.55, reflecting a -2.22% change from the previous day, underperforming the S&P 500 which had a daily loss of 0.11% [1] - Over the past month, Sweetgreen's shares increased by 10.55%, outperforming the Retail-Wholesale sector's gain of 2.53% and the S&P 500's gain of 5.17% [1] Upcoming Earnings - The upcoming earnings release is expected to show an EPS of -$0.11, which is a 15.38% increase compared to the same quarter last year [2] - Revenue is projected to be $193.6 million, reflecting a 4.85% increase from the equivalent quarter last year [2] Full Year Projections - For the full year, earnings are projected at -$0.63 per share and revenue at $744.76 million, indicating changes of +20.25% and +10.04% respectively from the prior year [3] - Analysts' estimate revisions are crucial as they indicate changing business trends, with positive revisions suggesting optimism about profitability [3] Industry Context - The Retail - Restaurants industry, part of the Retail-Wholesale sector, currently holds a Zacks Industry Rank of 148, placing it in the bottom 41% of over 250 industries [6] - 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 [6]