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Sweetgreen, Inc. - SG STOCK NEWS

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. (symbol: SG) is a forward-thinking restaurant and lifestyle brand that is redefining the concept of healthy eating at scale. The company is dedicated to providing simple, seasonal, and nutritious food, emphasizing the importance of the choices we make regarding our diet, its origins, and its preparation. Sweetgreen is deeply involved in every aspect of its supply chain, collaborating with trusted partners and farmers to ensure the highest quality of ingredients.

Each Sweetgreen location prepares meals from scratch daily, utilizing whole produce delivered fresh every morning. This commitment to freshness and quality is a hallmark of the brand, which has grown into a family of 1,500 dedicated employees. These individuals are not only passionate about food but also about fostering leadership and living the company's core values.

Sweetgreen's vision extends beyond just serving food; it aims to transform how people perceive and consume food, encouraging a lifestyle that is both health-conscious and environmentally friendly. The company prioritizes organic, regenerative, and locally sourced ingredients, making their menu both plant-forward and earth-friendly.

Recent achievements include expansion into new markets and the development of innovative partnerships with local farmers and producers. Sweetgreen's focus on the community is evident in their practice of meeting farmers before landlords and turning new neighbors into friends. This approach has helped Sweetgreen build strong connections with local neighborhoods, leaving a positive impact wherever they set up shop.

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Sweetgreen hires Chad Brauze as Head of Culinary and Michael Kotick as VP, Head of Marketing. Brauze will oversee menu development and innovation, while Kotick will be responsible for marketing and menu strategy.
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Sweetgreen announces its late summer menu, featuring the revival of the Italian Chopped salad and new sides. The menu includes a variety of flavorful options inspired by coastal flavors and Mediterranean cuisine. Sweetgreen also introduces a new beverage, Harney & Sons Organic Lemonade. The late summer menu will be available until October 23.
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Sweetgreen, Inc. (NYSE: SG) announced its financial results for the second fiscal quarter of 2023. Total revenue increased by 22% to $152.5 million compared to the same quarter in 2022. Same-Store Sales Change was 3%, and AUV remained consistent at $2.9 million. Total Digital Revenue Percentage was 59% with Owned Digital Revenue Percentage at 37%. Loss from operations improved to $(31.2) million, and Restaurant-Level Profit was $31.1 million. Net loss was $(27.3) million, and Adjusted EBITDA was $3.3 million. The company also opened 10 net new restaurants.
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Sweetgreen (SG) announces the opening of its first Wisconsin restaurant in Milwaukee's Historic Third Ward on July 18, marking its entry into the Midwest. The fast casual chain will offer fresh salads, warm bowls, and seasonal dishes, prioritizing quality, sustainable ingredients. The company also emphasizes its commitment to the local community by partnering with regional suppliers and pledging to donate one meal to Hunger Task Force for every meal sold on opening day. Sweetgreen will celebrate the launch with a ribbon cutting ceremony, giveaways, and an exclusive party. The restaurant will open daily from 10:30am to 9pm, providing pick-up, delivery, and a new loyalty program called Sweetpass.
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sweetgreen has announced a partnership with Luke’s Lobster to launch the Luke’s Lobster Roll Salad exclusively at sweetgreen’s Boston restaurants. The salad features sustainably caught lobster meat paired with romaine lettuce, spring mix, croutons, cabbage, carrots, basil, lemon, and sweetgreen's green goddess ranch dressing. The collaboration aims to support local fishermen and make a positive impact on coastal communities. The limited-time offering will be available for pickup in restaurants and through sweetgreen's app or website.
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Sweetgreen announces its early summer menu, featuring the return of the Peach + Goat Cheese salad. The brand will pay homage to the peach and its farmers with exclusive merch drops and partnerships. Peach Week will be held from June 20 to June 23, with peach-inspired collaborations and events. sweetgreen will also spotlight their peach suppliers on social media. The early summer menu will introduce new salads and promotions for Sweetpass and Sweetpass+ members. The menu will be available through August 14.
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Sweetgreen announces participation in investor conferences
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FAQ

What is the current stock price of Sweetgreen (SG)?

The current stock price of Sweetgreen (SG) is $43.4 as of November 22, 2024.

What is the market cap of Sweetgreen (SG)?

The market cap of Sweetgreen (SG) is approximately 4.9B.

What does Sweetgreen, Inc. do?

Sweetgreen, Inc. is a restaurant and lifestyle brand that serves healthy, seasonal food made from fresh, locally sourced ingredients.

What is Sweetgreen's approach to sourcing ingredients?

Sweetgreen prioritizes organic, regenerative, and local sourcing, working closely with trusted farmers and partners to ensure high-quality ingredients.

How does Sweetgreen prepare its food?

Meals at Sweetgreen are made from scratch daily in each location using whole produce delivered fresh every morning.

What are Sweetgreen's core values?

Sweetgreen values the development of future leaders, community engagement, and sustainable practices. They focus on making a positive impact on local neighborhoods.

How many employees does Sweetgreen have?

Sweetgreen has a team of 1,500 dedicated individuals who are passionate about food and leadership.

What is Sweetgreen's vision?

Sweetgreen aims to change the way people live by encouraging healthy eating and sustainable living.

What recent achievements has Sweetgreen made?

Sweetgreen has expanded into new markets and formed innovative partnerships with local farmers and producers.

How does Sweetgreen engage with local communities?

Sweetgreen meets farmers before landlords and turns new neighbors into friends, building strong community connections.

What makes Sweetgreen's menu unique?

Sweetgreen's menu is plant-forward, seasonal, and earth-friendly, using fresh, high-quality ingredients.

Where can I find Sweetgreen locations?

Sweetgreen has expanded into various markets; specific locations can be found on their official website.

Sweetgreen, Inc.

NYSE:SG

SG Rankings

SG Stock Data

4.88B
100.61M
2.78%
100.35%
13.41%
Restaurants
Retail-eating Places
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United States of America
LOS ANGELES