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Sweetgreen Inc   (SG)
Other Ticker:  
 
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services
 
Price: $22.0800 $-0.10 -0.451%
Day's High: $22.78 Week Perf: 11.52 %
Day's Low: $ 22.00 30 Day Perf: 76.92 %
Volume (M): 2,218 52 Wk High: $ 22.78
Volume (M$): $ 48,965 52 Wk Avg: $11.45
Open: $22.10 52 Wk Low: $6.10



 Market Capitalization (Millions $) 2,479
 Shares Outstanding (Millions) 112
 Employees 4,000
 Revenues (TTM) (Millions $) 584
 Net Income (TTM) (Millions $) -113
 Cash Flow (TTM) (Millions $) -74
 Capital Exp. (TTM) (Millions $) 96

Sweetgreen Inc
Sweetgreen Inc is a fast casual restaurant chain that integrates sustainability, local sourcing, and healthy eating. The company was founded in August 2007 by three Georgetown University graduates, Nathaniel Ru, Nicolas Jammet, and Jonathan Neman. The first Sweetgreen location opened in Washington, D.C., and has since grown to over 120 locations in the United States and beyond.

One of Sweetgreen's core values is that food should be healthy and taste good. The company aims to provide fresh, seasonal, and locally sourced ingredients in all of its dishes. All the ingredients used in Sweetgreen salads, bowls, and plates are organic and come from local farmers and businesses.

In addition to its commitment to sourcing locally, Sweetgreen also prioritizes sustainability in its operating practices. The company uses compostable bowls, napkins, and utensils, and has implemented recycling and composting programs in its restaurants. Sweetgreen also works to reduce food waste by donating excess food from its restaurants to local community organizations.

In terms of its menu offerings, Sweetgreen offers a variety of salads, bowls, and plates that cater to a range of dietary needs and preferences. Customers can choose from vegetarian, vegan, and gluten-free options, as well as more traditional meat and seafood dishes. Sweetgreen also offers a range of customizable options, allowing customers to create their own unique salads or bowls.

Sweetgreen has a strong commitment to community and social impact. The company has developed various programs to support local farmers and communities, including Sweetgreen in Schools, a program that educates children about healthy eating and local food systems. Additionally, Sweetgreen's Outpost program partners with companies to bring Sweetgreen catering to their offices.

Overall, Sweetgreen's emphasis on sustainability, local sourcing, and healthy eating practices has made it a popular choice among consumers looking for a more conscientious dining experience. Coupled with its focus on community engagement and impact, Sweetgreen has become a leading brand in the fast-casual dining space.


   Company Address: 3102 36th Street Los Angeles 90018 CA
   Company Phone Number: 990-7040   Stock Exchange / Ticker: NYSE SG
   


   

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Sweetgreen Inc

Sweetgreen Inc Surpasses Expectations with 29% Revenue Growth for Q4 20232.

Sweetgreen Inc, the popular salad chain, has recently announced impressive financial results for the fourth quarter and fiscal year ended December 31, 2023. The company reported a surge in revenue of 29.072% to $153.03 million compared to the same period a year ago. This growth is a testament to the company's ability to attract customers and generate strong sales.
Despite the surge in revenue, Sweetgreen Inc did report a net loss of $-0.24 per share. However, it is important to note that this loss is an improvement compared to the previous quarter, where the loss per share was $-0.22. The company is making progress in reducing its losses and is moving towards profitability.

Management Changes

Sweetgreen's Strategic Shake-up: Rossann Williams Takes the Helm as COO to Turn the Leaf on Operations and Financial Performance

Published Fri, Feb 2 2024 9:05 PM UTC

Sweetgreen Appoints Rossann Williams as Chief Operating Officer: A Strategic Move to Enhance Operations and Revamp Financial Performance
Sweetgreen, the highly popular salad chain, has recently appointed Rossann Williams as the company's Chief Operating Officer, effective from February 5th. This strategic move comes amid the company's efforts to strengthen its operations...

Product Service News

Sweetgreen's New Year, Full You Campaign: Fueling Wellness with Protein-Packed Delights for a Fresh Start

Published Thu, Jan 4 2024 11:00 AM UTC

Sweetgreen, the renowned restaurant brand known for its commitment to serving healthy and delicious food, has just launched its highly-anticipated New Year, Full You campaign. This initiative aims to promote the idea of both nourishing and rewarding oneself through the consumption of delectable, protein-rich meals. As part of the campaign, Sweetgreen has introduced a new pro...

Sweetgreen Inc

Sweetgreen Inc's Fiscal Report Unveils Remarkable Revenue Surge, Paving the Way for Future Success



Sweetgreen Inc, the pioneering healthy fast-casual dining brand, recently released its financial results for the third quarter of fiscal year 2023. Touted as a mission-driven, next-generation restaurant, Sweetgreen showcased significant improvements in various key financial indicators that bode well for the company's future prospects. This article will analyze the implications of these financial results and forecast their impact on Sweetgreen Inc.
1. Reduction in Losses:
Sweetgreen Inc demonstrated a noteworthy decrease in loss per share, with a decrease from $0.43 in the prior year to $0.22 in the current reporting period. This indicates an enhanced financial performance and potential for profitability. Moreover, the improvement in earnings per share (EPS) from $0.24 to $0.22 reflects the company's effective cost management strategies and growing operational efficiencies.

Sweetgreen Inc

Sweetgreen Inc Witnesses Stunning Reversal of Fortunes with Disappearing Losses and Revenue Surge in Q2 2023

weetgreen Inc, the renowned farm-to-table salad chain, has reported improved financial results for the time-frame closing June 25, 2023. The company's recent financial report showcases a significant reduction in losses per share, coupled with an increase in revenue and a notable decrease in net deficit. These positive indicators, along with a surge in share value, point toward a promising future for investors.
Comparing the financial performance of Sweetgreen Inc with the preceding year, the company experienced a decrease in loss per share from $-0.36 to $-0.24. Furthermore, earnings per share (EPS) improved from $-0.30 per share in the previous reporting period. These improvements suggest that the company's operations and cost management strategies are yielding positive results.






 

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Sweetgreen Inc does not provide revenue guidance.

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