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SG / Sweetgreen: No Catalyst For Stock Price To Inflect In FY23

Sweetgreen: No Catalyst For Stock Price To Inflect In FY23
I expect the stock price to be range-bound until the business shows a visible path to profits and slower but sustained growth. The reported 1Q23 comps growth indicate weak growth, both in urban and suburban areas, which is not the recovery growth I am expecting. The business may see a growth inflection in FY24 as traffic returns to urban. Read More
Posted: Jun 1 2023, 03:16
Author Name: Seeking Alpha
Views: 102832

SG News  

Sweetgreen: Growth Prospects Likely Baked In

By Seeking Alpha
October 12, 2023

Sweetgreen: Growth Prospects Likely Baked In

1H 2023: solid top-line growth, the bottom line improves significantly. Long runway for growth driven by store expansion. Further margin expansion is more_horizontal

Sweetgreen, Inc. (SG) Upgraded to Buy: Here's Why

By Zacks Investment Research
September 27, 2023

Sweetgreen, Inc. (SG) Upgraded to Buy: Here's Why

Sweetgreen, Inc. (SG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). more_horizontal

Sweetgreen hit with allegations of racial discrimination in lawsuit

By Fox Business
September 14, 2023

Sweetgreen hit with allegations of racial discrimination in lawsuit

Sweetgreen got hit Thursday with a lawsuit in New York that accused the company of race and gender-based discrimination. The employees who filed it wo more_horizontal

Sweetgreen sued by workers at 7 New York restaurants for alleged racial discrimination

By CNBC
September 14, 2023

Sweetgreen sued by workers at 7 New York restaurants for alleged racial discrimination

The lawsuit alleges that Black workers at seven Sweetgreen restaurants were subjected to racist comments and passed over for promotions. more_horizontal

Sweetgreen: Positive Signs Of Traffic Recovery In SG Urban Areas

By Seeking Alpha
September 6, 2023

Sweetgreen: Positive Signs Of Traffic Recovery In SG Urban Areas

I am positive on the business growth due to signs of recovery in urban traffic and the launch of the Sweetpass loyalty program. The launch of Sweetpas more_horizontal

Sweetgreen CEO discusses lowering costs, automation, and supply chain improvements

By Yahoo Finance
July 31, 2023

Sweetgreen CEO discusses lowering costs, automation, and supply chain improvements

Sweetgreen shares are recovering after tumbling on the chain's earnings miss. Sweetgreen Co-Founder and CEO Jonathan Neman joins Yahoo Finance Live an more_horizontal

Why Sweetgreen Stock Bounced Back Today

By The Motley Fool
July 31, 2023

Why Sweetgreen Stock Bounced Back Today

Sweetgreen stock sold off after Friday's earnings miss. The stock is bouncing back today on a big upgrade from Piper Sandler. more_horizontal

Sweetgreen CEO on Q2: Investors starting to see sustainability in business model

By CNBC Television
July 31, 2023

Sweetgreen CEO on Q2: Investors starting to see sustainability in business model

Sweetgreen CEO Jonathan Neman joins 'Squawk on the Street' to discuss what happened to the stock after earnings Friday, what would bolster the company more_horizontal


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