Wall Street Bulls Look Optimistic About Sweetgreen (SG): Should You Buy?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Sweetgreen Bets on Fries and Loyalty for Growth
Sweetgreen (SG 7.17%) held its fourth-quarter 2024 earnings call on February 26, 2025, revealing significant progress in its mission to redefine fast food through superior sourcing, culinary excellence, and innovative technology. While the restaurant chain faces near-term challenges, management outlined several strategic initiatives to drive growth and expand margins in 2025.
Sweetgreen: Disappointing Slide In Growth, Recovery Will Likely Take Time (Downgrade)
Shares of Sweetgreen dropped over 10% after reporting a deceleration in same-store sales growth in Q4, while also forecasting continued deceleration in FY25. The company is expecting same-store sales growth to turn negative in Q1, driven in part by LA wildfires (LA represents ~15% of the company's portfolio). I'm downgrading Sweetgreen to neutral on its weaker growth trends, though the long-term bull case for margin expansion via Infinite Kitchens remains intact.
Here's What Key Metrics Tell Us About Sweetgreen (SG) Q4 Earnings
While the top- and bottom-line numbers for Sweetgreen (SG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sweetgreen, Inc. (SG) Q4 2024 Earnings Call Transcript
Sweetgreen, Inc. (NYSE:SG ) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Rebecca Nounou – Investor Relations Jonathan Neman – Co-Founder and Chief Executive Officer Mitch Reback – Chief Financial Officer Conference Call Participants Jon Tower – Citi Andrew Charles – TD Cowen Dennis Geiger – UBS Sharon Zackfia – William Blair Rahul Krotthapalli – JPMorgan Katherine Griffin – Bank of America Brian Mullan – Piper Sandler Christine Cho – Goldman Sachs Brian Harbour – Morgan Stanley Operator Thank you for standing by. My name is Jeannie, and I will be your conference operator today.
Sweetgreen, Inc. (SG) Reports Q4 Loss, Lags Revenue Estimates
Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to loss of $0.24 per share a year ago.
Sweetgreen, Inc. (SG) Increases Despite Market Slip: Here's What You Need to Know
In the latest trading session, Sweetgreen, Inc. (SG) closed at $23.48, marking a +0.99% move from the previous day.
Sweetgreen, Inc. (SG) Ascends While Market Falls: Some Facts to Note
Sweetgreen, Inc. (SG) reachead $26.33 at the closing of the latest trading day, reflecting a +1.54% change compared to its last close.
Sweetgreen, Inc. (SG) Exceeds Market Returns: Some Facts to Consider
In the closing of the recent trading day, Sweetgreen, Inc. (SG) stood at $33.05, denoting a +0.46% change from the preceding trading day.
Wall Street Analysts Think Sweetgreen (SG) Could Surge 25.53%: Read This Before Placing a Bet
The consensus price target hints at a 25.5% upside potential for Sweetgreen (SG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Sweetgreen, Inc. (SG) Stock Slides as Market Rises: Facts to Know Before You Trade
The latest trading day saw Sweetgreen, Inc. (SG) settling at $33.65, representing a -0.18% change from its previous close.
Sweetgreen, Inc. (SG) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Sweetgreen, Inc. (SG) closed at $30.03, marking a +0.23% move from the previous day.
