Sweetgreen Appoints Cindy Olsen as Chief Strategy Officer
Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand connecting more people to real food, today announced the appointment of Cindy Olsen as the Com
Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand connecting more people to real food, today announced the appointment of Cindy Olsen as the Com
Sweetgreen (SG) rose 7.80% intraday after JPMorgan (JPM) upgraded the stock to Overweight from Neutral and raised its price target to $13 from $8, implying a 36
Sweetgreen (SG) remains under pressure, with Q1 2026 results showing declining revenue, negative same-store sales, and worsening margins. SG's demand weakness is primarily traffic-led, with over 11% fewer customer visits and unit sales volume down 14.7% year-over-year. Operational improvements, menu innovation (wraps), and pricing changes offer a potential path to stabilization, but recovery is not yet evident.
Sweetgreen faces macroeconomic headwinds and weak sales performance amid a tough restaurant industry landscape. Despite a ~10% YTD gain and a ~50% rebound from February lows, SG remains down ~80% from 2024 highs. SG's competitiveness is deteriorating, raising questions about the sustainability of its recent share price recovery.
Sweetgreen reported a 12.8% decline in comparable sales in the first quarter and shrinking margins. The company expects significant comps improvement over the remainder of the year.
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Sweetgreen, Inc. (SG) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Sweetgreen (SG) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to a loss of $0.21 per share a year ago.
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG) (the “Company”), the mission-driven, next-generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its first fiscal quarter ended March 29, 2026. First quarter 2026 financial highlights For the first quarter of fiscal year 2026, compared to the first quarter of fiscal year 2025: Total revenue decreased 2.9% to $161.5 million. Same-Store Sales Change of (12.8%), versus (3.1%). Tota.
LOS ANGELES--(BUSINESS WIRE)--SweetgreenⓇ today announced the nationwide launch of Wraps, introducing the format to its menu for the first time with bold flavor and satisfying portions. Following a successful market test across locations in New York, the Midwest, and Los Angeles, Wraps will be available at Sweetgreen restaurants nationwide beginning May 6. The launch marks Sweetgreen's biggest category expansion beyond its chef-crafted bowls, salads, and plates, introducing a more portable form.
These beaten-down restaurant chains are modeling some of the tactics that previously brought some success to Cava.
Starbucks and Chipotle both reported positive comparable sales in their first quarters. Retail sales continue to grow.
Sweetgreen (SG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven, next-generation restaurant and lifestyle brand that serves healthy food at scale, today announced the appointment of Ryan Slemons as Chief Development Officer, effective May 4, 2026. Slemons will report directly to Co-Founder and CEO Jonathan Neman. Slemons will lead all aspects of real estate, design, construction, facilities and portfolio management. He brings nearly two decades of experience in real estate, franch.
LOS ANGELES--(BUSINESS WIRE)--Eight years ago, Courtney Schuster Moore had no plans to become a farmer. Today, she leads one of the largest organic vegetable growing operations in Texas. Sweetgreen today premiered the latest installment of its “Faces of the Farm” original content series, spotlighting Schuster and Rio Fresh, the Texas-based, family-run farm where she built an organic program from the ground up. After a career in aerospace, Schuster returned to her family's farm and made a pivota.
Sweetgreen, Inc. (SG) reached $6.74 at the closing of the latest trading day, reflecting a -5.6% change compared to its last close.
New menu items can be huge sales drivers for restaurant operators. The wraps offering appears to play well with current trends.
The latest trading day saw Sweetgreen, Inc. (SG) settling at $6.97, representing a +1.46% change from its previous close.
SAN DIEGO, April 14, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Sweetgreen, Inc. (NYSE: SG). The investigation focuses on Sweetgreen's executive officers and whether investor losses may be recovered under federal securities laws.