Sweetgreen: 2 Key Strategies To Drive Growth Ahead
Sweetgreen(SG) Seeking Alpha·2024-03-29 07:33
EMS-FORSTER-PRODUCTIONS/DigitalVision via Getty ImagesInvestment overview I give a buy rating for Sweetgreen (NYSE:SG) as I am bullish on the two key growth strategies that management has implemented: Sweetpass and menu innovations. Both of these have seen positive traction so far, and I expect management to continue providing positive updates on these fronts. As SG continues to grow and turn profitable, I expect its valuation to gradually improve to its peers’ level, providing attractive upside. Busine ...