Sweetgreen, Inc. (SG) Outperforms Broader Market: What You Need to Know

Company Performance - Sweetgreen, Inc. closed at $14.69, with a daily increase of +2.01%, outperforming the S&P 500's gain of 0.83% [1] - Over the past month, Sweetgreen's shares have decreased by 2.7%, underperforming the Retail-Wholesale sector's increase of 2.23% and the S&P 500's increase of 4.99% [1] Earnings Expectations - Analysts expect Sweetgreen to report earnings of -$0.11 per share, reflecting a year-over-year growth of 15.38% [2] - The consensus estimate for quarterly revenue is $193.6 million, which is an increase of 4.85% from the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at -$0.63 per share, indicating a growth of +20.25% year-over-year [3] - Revenue for the fiscal year is estimated at $744.76 million, representing a growth of +10.04% from the previous year [3] Analyst Estimates and Outlook - Recent changes to analyst estimates for Sweetgreen reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Sweetgreen at 3 (Hold) [6] Industry Context - Sweetgreen operates within the Retail - Restaurants industry, which holds a Zacks Industry Rank of 87, placing it in the top 36% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]