Sweetgreen Inc (NYSE: SG) is trading higher Friday after the company reported better-than-expected top-line financial results and issued guidance above estimates.  Sweetgreen said fourth-quarter re
Salad-maker SG is seeing green today after reporting promising numbers in Thursday's earnings report. Is SG stock a buy now?
Sweetgreen (SG) stock is rising as we check it with analysts following the fast-casual restaurants' most recent earnings report. The post Is Sweetgreen Stock a Buy After Earnings?
Sweetgreen Inc (NYSE: SG) shares opened nearly 20% up on Friday after the fast-casual restaurant said its sales noted a significant increase in the fiscal fourth quarter. Sweetgreen Q4 earnings report
Sweetgreen, Inc. (SG) CEO Jonathan Neman on Q4 2021 Results - Earnings Call Transcript

Sweetgreen stock rallies more than 20% after Q4 sales beat

10:00pm, Thursday, 03'rd Mar 2022 MarketWatch
Sweetgreen Inc. reported mixed quarterly results late Thursday, and the stock rallied more than 20% after the fast-casual restaurant said it demonstrated "continued recovery from the pandemic" and benefited from higher prices for its salads and other health-minded meals. Sweetgreen said it lost $66.2 million, or $1.14 a share, in the fourth quarter, compared with a loss of $41.1 million, or $2.49 a share, in the year-ago period. Revenue rose 63% to $96.4 million, the company said. Analysts polled by FactSet expected a loss of 66 cents a share on sales of $84.7 million. Same-store sales rose 36%, benefiting from an increase in the number of transactions in addition to the menu price increases, the company said. Sweetgreen, which had its successful initial public offering in November, guided for 2022 sales between $515 million and $535 million and "at least" 35 net new restaurant openings, barring "no additional COVID headwinds," it said. The company also issued a one-time quarterly guidance for its first quarter, saying it expects seven net new restaurant openings and revenue between $100 million and $102 million.
press release (SG): Q4 GAAP EPS of -$1.14 misses by $0.47.Revenue of $96.4M (+62.8% Y/Y) beats by $11.72M.
Since going public in mid-November, the stock has struggled, shedding more than 50% and dragging its market value down
Sweetgreen, Inc. (NYSE: SG) (the “Company”), the mission-driven, next generation restaurant and lifestyle brand that serves healthy food at scale, tod

Daybase Raises Nearly $10M in Seed Funding

07:59pm, Thursday, 03'rd Mar 2022 FinSMEs
Daybase, a NYC-based hybrid work company, closed on a $9.6m seed funding round. The round was led by True Ventures (Peloton, Sweetgreen, Blue Bottle Coffee, Ring), and included participation from Company Ventures (Carta, RobinHood); Good Friends (from the founders of Allbirds, Harry’s and Warby Parker); and New York City real estate owners including the Milsteins, Lefraks and Rudin Ventures, among […] The post Daybase Raises Nearly $10M in Seed Funding appeared first on FinSMEs .
Markets finished lower amid ongoing concerns about inflation and war.
Sweetgreen Inc. SG, -11.34% reported mixed quarterly results late Thursday, and the stock rallied more than 20% after the fast-casual restaurant said it demonstrated "continued recovery from the pande
Since going public in mid-November, the stock has struggled, shedding more than 50% and dragging its market value down
In last trading session, Sweetgreen Inc. (NYSE:SG) saw 1.1 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $25.05 trading at $0.96 or 3.99% at ring of the bell on the day assigns it a market valuation of $2.87B. That closing price of SG’s stock is at … Sweetgreen Inc. (NYSE:SG) -9.89% Down Over A Week, Can The Stock Hit Well Above -$2.75? Read More »
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