Sweetgreen, Inc. (SG) Declines More Than Market: Some Information for Investors

Company Performance - Sweetgreen, Inc. closed at $8.34, reflecting a decline of 5.98% from the previous day, underperforming the S&P 500's loss of 0.55% [1] - Over the past month, shares of Sweetgreen have decreased by 2.53%, while the Retail-Wholesale sector gained 1.22% and the S&P 500 increased by 3.64% [1] Upcoming Financial Results - The company is expected to report an EPS of -$0.16, which represents an 11.11% increase compared to the same quarter last year [2] - Revenue is anticipated to be $183.58 million, indicating a 5.85% rise from the year-ago quarter [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at -$0.71 per share and revenue at $713.85 million, reflecting increases of 10.13% and 5.47% respectively from the prior year [3] Analyst Estimates and Confidence - Recent changes to analyst estimates for Sweetgreen should be noted, as positive revisions indicate analysts' confidence in the company's performance and profit potential [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks Sweetgreen at 4 (Sell) [6] Industry Context - Sweetgreen operates within the Retail - Restaurants industry, which holds a Zacks Industry Rank of 184, placing it in the bottom 26% of over 250 industries [7]