Today, Sweetgreen announced the launch of Ripple Fries, a fresh take on a fast food staple made with just five simple ingredients, including avocado oil. As the first national brand to offer fries that are air-fried and prepared without seed oils, Sweetgreen is proving that even the most iconic comfort foods can be made with cleaner ingredients and healthier cooking methods. Without ever sacrificing flavor, this launch is another step in Sweetgreen’s mission to redefine fast food. Guests can now enjoy Ripple Fries at Sweetgreen locations nationwide, available for order in-store, on the Sweetgreen app, or via the website.
Casual salad chain Sweetgreen (NYSESG) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 5.1% year on year to $160.9 million. On the other hand, next quarter’s revenue guidance of $164.5 million was less impressive, coming in 7.7% below analysts’ estimates. Its GAAP loss of $0.25 per share was 16.4% below analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
2025 Outlook, second section, third bullet of release should read: Same-Store Sales Change of approximately (5)-(3)% (instead of Same-Store Sales Change of approximately 5-3%).
According to Citi, risks to Sweetgreen's Q4 and Q1-to-date same-store-sales come from "discrete events" such as holiday shifts, winter storms, and the wildfires.
Restaurants increase convenience and give many people a place to unwind. It also feels like demand is strong as consumers always seem to be chasing the next hot place or viral fast food creation on social media.
No surprise the industry has returned 25.6% over the past six months, beating the S&P 500 by 10.1 percentage points.
Sweetgreen, Inc. (NYSESG) will release financial results for the fourth quarter and full fiscal year of 2024 after the market close on Wednesday, February 26, 2025. On that day, the company will host a webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company’s business and financial results.
Today, Sweetgreen announced the launch of new protein-packed, seed oil-free menu items to kick off the new year. Just in time for January, fans can enjoy a limited-time lineup of menu items made with real ingredients and without seed oils, all while savoring the rich flavors they love. Available exclusively this month, this new collection celebrates the brand’s fan-favorite Green Goddess Ranch—Sweetgreen’s twist on the classic ranch dressing.
Fast casual "build-your-bowl" (BRB) format restaurants had a big 2024, but one stock leads the pack into 2025 as Mediterranean may be the new cuisine trend.
Sweetgreen has had an impressive run over the past six months as its shares have beaten the S&P 500 by 7.3%. The stock now trades at $32.06, marking a 14.6% gain. This performance may have investors wondering how to approach the situation.
