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Sweetgreen Inc - SG STOCK NEWS

Welcome to our dedicated news page for Sweetgreen (Ticker: SG), a resource for investors and traders seeking the latest updates and insights on Sweetgreen.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sweetgreen's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sweetgreen's position in the market.

Rhea-AI Summary
Sweetgreen, Inc. (NYSE: SG) will announce its first-quarter 2024 financial results on May 9, 2024, followed by a webcast to discuss business and financial performance. The company emphasizes transparency and compliance with disclosure regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
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Rhea-AI Summary
Sweetgreen, Inc. (SG) to present at Bank of America Consumer & Retail Technology Conference on March 12th, 2024, in Miami. Live webcasts available on investor.sweetgreen.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.35%
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conferences
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Rhea-AI Summary
Sweetgreen, Inc. (NYSE: SG) reported strong financial results for Q4 and FY 2023 with revenue growth, improved profit margins, and adjusted EBITDA positivity. The company plans for continued growth in 2024 with new restaurant openings and revenue projections.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.41%
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Rhea-AI Summary
Sweetgreen launches test of first-ever steak option in 22 Boston locations, featuring three new chef-crafted menu items. The Caramelized Garlic Steak protein offers tender, grass-fed, grass-finished tri-tip sirloin steak with slow-roasted caramelized garlic and onions. The test menu includes a Kale Caesar (Steak) salad, Steakhouse Chopped warm bowl, and Caramelized Garlic Steak protein plate. Chef Chad Brauze, Head of Culinary, emphasizes the premium, super-tender tri-tip steak and classic steakhouse flavors of the new dishes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
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none
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Rhea-AI Summary
Sweetgreen (NYSE: SG) has appointed Rossann Williams as the Chief Operating Officer, effective February 5th. Williams brings over 30 years of experience in leading retail businesses and was previously the EVP and President of North America Retail at Starbucks. Her appointment is expected to drive sustainable growth and profitability for Sweetgreen, aligning with the company's mission of connecting communities to real food.
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Rhea-AI Sentiment
End-of-Day
-- %
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management
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Rhea-AI Summary
Sweetgreen, Inc. (NYSE: SG) will release financial results for Q4 and full fiscal year 2023 on February 29, 2024. The company will host a webcast to discuss business and financial results. The live webcast will be available on the investor relations section of the company’s website. Sweetgreen uses various means to announce material information to the public, including SEC filings, press releases, public conference calls, webcasts, and its investor relations section on the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.37%
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Rhea-AI Summary
Sweetgreen, a popular fast casual chain, is set to open its first location in Seattle, Washington, on January 16, with plans to open two more restaurants in the city later in the year. The company is known for its chef-crafted meals and commitment to quality, sustainable ingredients, and fresh produce. The new Seattle locations will feature locally sourced ingredients and a partnership with a food justice organization to give back to the community. Sweetgreen is also launching a new loyalty program called Sweetpass.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.47%
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none
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Rhea-AI Summary
Sweetgreen (NYSE: SG) launches 'New Year, Full You' campaign with the BBQ Salmon protein plate, offering 33 grams of protein and special rewards for customers. The company aims to fuel wellness routines with high protein options and expand its protein plates category.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
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none
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Rhea-AI Summary
Sweetgreen, Inc. (NYSE: SG) announced its financial results for Q3 2023. Total revenue increased by 24% to $153.4 million compared to the same period last year. Same-Store Sales Change was 4% and AUV was $2.9 million, consistent with the prior year. Total Digital Revenue Percentage was 58% and Owned Digital Revenue Percentage was 37%. Loss from operations was $(26.5) million, while Restaurant-Level Profit was $29.1 million. Net loss was $(25.1) million. Adjusted EBITDA was $2.5 million. The company opened 15 net new restaurants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.1%
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Rhea-AI Summary
Sweetgreen announces the expansion of its protein plates category, offering new flavor profiles and hearty proteins for dinner. The new protein plates include Miso Glazed Salmon, Southwest Chicken Fajita, and Hot Honey Chicken.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
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none
Sweetgreen Inc

NYSE:SG

SG Rankings

SG Stock Data

2.57B
97.02M
2.87%
87.31%
9.26%
Food Service Contractors
Accommodation and Food Services
Link
United States
Los Angeles

About SG

sweetgreen is a destination for simple, seasonal, healthy food. we believe the choices we make every day about what we eat, where it comes from, and how it’s made have a lasting impact on our communities. from the seed to the store, we’re involved in every step of the supply chain, working with partners and farmers we know and trust. we make our food from scratch in each sweetgreen every day, using whole produce delivered that morning. as sweetgreen grows, we’re dedicated to working with the right people. we’ve built a family of 1,500 hardworking individuals who care about developing future leaders and live our core values daily. we meet farmers before we meet landlords. we turn our new neighbors into friends. we’re building a brand that connects to local neighborhoods and leaves communities better off than we found them. our vision is to change the way people live their lives, starting with how they think about food. we’ve worked hard to build a company with passion and purpose -