Sweetgreen: Is There Meat Behind the 30% Earnings Surge?

Key PointsSweetgreen is a fast-casual restaurant chain specializing in healthy, sustainable, locally sourced salads and bowls.Sweetgreen posted an adjusted EBITDA of $100,000 in Q1 2024, an improvement from a loss of $6.7 million in the year-ago period.Sweetgreen raised full-year 2024 revenue guidance to $660 million to $675 million, up from $655 to $670 million.5 stocks we like better than SweetgreenFast casual restaurant chain Sweetgreen Inc. NYSE: SG shares catapulted 34% on its Q1 2024 earnings report. ...