Company Performance - Sweetgreen, Inc. (SG) shares decreased by 2.3% to $8.49, underperforming the S&P 500's daily loss of 0.05% [1] - Over the past month, the stock has depreciated by 5.03%, while the Retail-Wholesale sector gained 4.45% and the S&P 500 gained 3.44% [1] Upcoming Earnings - The upcoming EPS for Sweetgreen, Inc. is projected at -$0.16, reflecting an 11.11% increase compared to the same quarter last year [2] - Revenue is estimated to be $183.58 million, indicating a 5.85% increase compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at -$0.71 per share and revenue at $713.85 million, showing changes of +10.13% and +5.47% respectively from the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for the business [3] Analyst Ratings - The Zacks Rank system, which incorporates estimate changes, currently ranks Sweetgreen, Inc. at 4 (Sell) [5] - Over the past month, there has been a 4.48% decline in the Zacks Consensus EPS estimate [5] Industry Context - The Retail - Restaurants industry is part of the Retail-Wholesale sector and has a Zacks Industry Rank of 188, placing it in the bottom 24% of over 250 industries [6] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Sweetgreen, Inc. (SG) Falls More Steeply Than Broader Market: What Investors Need to Know