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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.
Sweetgreen has launched a new loyalty program named Sweetpass, offering both free and paid membership tiers to enhance customer engagement. The Sweetpass program allows members to earn rewards through personalized challenges, while the paid tier, Sweetpass+, costs $10 per month and offers benefits like $3 off daily orders and priority support. The initiative follows successful trials earlier and aims to provide a tailored experience for its customers. In addition, Sweetgreen is debuting an online merchandise store, The Market, featuring exclusive apparel and accessories. The program emphasizes sustainability by allowing Sweetpass+ members to participate in selecting a carbon reduction partner for annual donations.
sweetgreen is set to open its first restaurant in Cranston, Rhode Island on April 18, 2023, marking its entry into a new state this year. This new location aims to provide a healthy dining option to the local community. Sweetgreen boasts a fresh, sustainably-focused menu featuring seasonal salads and warm bowls, using locally-sourced ingredients from regional partners including Twin Oaks Farm and Red Fire Farm.
On the opening day, the company will donate a meal to the Comprehensive Community Action Program for every meal sold to combat food insecurity. The restaurant will be located at The Garden City Shopping Center, featuring seating for 19 indoors and a patio for 16. Sweetgreen operates with a mission to make healthy food accessible while harnessing technology to enhance customer experience.
Sweetgreen, Inc. (NYSE: SG) will release its financial results for Q1 2023 on May 4, 2023, after market close. A live webcast will follow at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results.
The webcast can be accessed via the investors section of the Sweetgreen website, with an archived version available for one year. Sweetgreen emphasizes its commitment to providing accessible, healthy food through 195+ locations, focusing on plant-forward, seasonal meals and leveraging technology for improved customer experience.
The company adheres to Regulation FD for broad public information dissemination through various channels including SEC filings and press releases.
Sweetgreen (NYSE: SG) has announced an exclusive partnership with Michelin-starred chefs Luciana Giangrandi and Alex Meyer of Boia De restaurant to offer the limited edition Boia De Bowl.
This Italian-inspired salad, available only at South Florida locations, features Stracciatella, arugula, roasted tomatoes, olives, asparagus, za’atar bread crumbs, and blackened chicken. The bowl debuted successfully at a private event during the South Beach Wine and Food Festival in February.
The Boia De Bowl will be available for order until June 12. Sweetgreen aims to enhance customer experience through unique culinary collaborations and emphasizes its commitment to sourcing fresh ingredients.