Welcome to our dedicated page for Sweetgreen news (Ticker: SG), a resource for investors and traders seeking the latest updates and insights on Sweetgreen stock.
Sweetgreen, Inc. (NYSE: SG) generates a steady stream of news as a mission-driven restaurant brand focused on real food, menu innovation, and technology. Company announcements frequently highlight new chef-crafted dishes, collaborations, and digital features that reflect its goal of building healthier communities by connecting people to fresh, made-from-scratch meals.
Recent news has showcased Sweetgreen’s expansion of protein-forward offerings, such as the Power Max Protein Bowl and Caramelized Garlic Steak entrées, as well as limited-time variations on guest favorites like the Harvest Bowl. The company also announces seasonal menus and value-focused items, illustrating how it responds to evolving guest preferences around flavor, protein, and affordability.
Sweetgreen’s news flow also covers health-focused partnerships and educational campaigns. A notable example is its collaboration with Function Health and Dr. Mark Hyman on a menu designed around foundational biological principles, featuring bowls like the Omega Salad and Nutrient Power Plate. These stories emphasize how Sweetgreen links culinary creativity with nutrition insights and in-app ingredient education.
Operational and technology updates are another key theme in Sweetgreen news. Releases have detailed the rollout of its macronutrient tracking tool, the opening of sweetlane drive-thru locations that serve digital orders, and the use of Infinite Kitchen automation to enhance speed and consistency. Expansion into new markets, such as Sacramento, and content series like "Faces of the Farm" that spotlight partner growers, add further context on growth and sourcing.
Investors, customers, and industry observers can use this news page to follow Sweetgreen’s latest menu launches, technology initiatives, market entries, and strategic moves, and to see how the brand continues to interpret fast food through the lens of real, thoughtfully sourced ingredients.
Sweetgreen (NYSE: SG) reported strong Q2 2024 financial results, with total revenue increasing 21% to $184.6 million. The company saw a 9% Same-Store Sales Change, up from 3% in the prior year period. Despite a net loss of $(14.5) million, this represents an improvement from $(27.3) million in Q2 2023. Restaurant-Level Profit Margin increased to 22%, and Adjusted EBITDA rose to $12.4 million from $3.3 million year-over-year.
The company opened 4 Net New Restaurants in Q2 2024. Based on strong first-half performance, Sweetgreen has updated its fiscal year 2024 guidance, projecting revenue between $670-$680 million and 24-26 Net New Restaurant Openings.
Sweetgreen (NYSE: SG) will announce its financial results for the second quarter of 2024 on August 8, 2024, after market close. The company will host a webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. A live webcast will be available on Sweetgreen's investor relations website, and an archived version will remain accessible for about one year. Sweetgreen uses various channels, including SEC filings, press releases, and webcasts, to disseminate important information and comply with Regulation FD.
Sweetgreen (NYSE: SG) announced its participation in two upcoming investor conferences. The company will present at the 44th Annual William Blair Growth Stock Conference on June 5, 2024, with a fireside chat at 9:20am CT. Additionally, Sweetgreen will present at Oppenheimer's 24th Annual Consumer Growth and E-Commerce Conference on June 11, 2024, with a virtual fireside chat at 3:00pm ET. Both events will be webcast live on Sweetgreen's investor relations page.
Sweetgreen, Inc. announced its financial results for the first quarter of 2024, reporting a 26% increase in total revenue compared to the prior year. The company achieved positive Adjusted EBITDA and expressed confidence in its growth strategy. The Restaurant-Level Profit Margin expanded by 400 basis points to 18%. Sweetgreen plans 23-27 Net New Restaurant Openings and expects revenue to range from $660 million to $675 million for fiscal year 2024.
Sweetgreen (NYSE: SG) has expanded its protein offerings by launching Caramelized Garlic Steak nationwide, featuring premium grass-fed, pasture-raised steak in three new dishes. Guests can enjoy this new protein in various chef-crafted entrées or as an addition to signature dishes starting May 7. The steak is seasoned with a garlic spice blend, roasted for a caramelized char, and finished with extra virgin olive oil and herbs, providing classic steakhouse flavors. Sweetgreen aims to provide high-quality, delicious options to its customers by offering 100% grass-fed and pasture-raised steak, supporting sustainable farming practices.
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