We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Sweetgreen, Inc. (SG) Stock Declines While Market Improves: Some Information for Investors
Read MoreHide Full Article
In the latest trading session, Sweetgreen, Inc. (SG - Free Report) closed at $19.09, marking a -0.93% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.58%. Elsewhere, the Dow saw an upswing of 0.75%, while the tech-heavy Nasdaq appreciated by 0.55%.
Prior to today's trading, shares of the company had lost 22.98% over the past month. This has lagged the Retail-Wholesale sector's loss of 0.19% and the S&P 500's loss of 0.84% in that time.
Market participants will be closely following the financial results of Sweetgreen, Inc. in its upcoming release. The company plans to announce its earnings on May 8, 2025. It is anticipated that the company will report an EPS of -$0.21, marking an 8.7% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $164.61 million, reflecting a 4.29% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.60 per share and revenue of $762.24 million, indicating changes of +24.05% and +12.62%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Sweetgreen, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.68% fall in the Zacks Consensus EPS estimate. Currently, Sweetgreen, Inc. is carrying a Zacks Rank of #3 (Hold).
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 202, putting it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Sweetgreen, Inc. (SG) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Sweetgreen, Inc. (SG - Free Report) closed at $19.09, marking a -0.93% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.58%. Elsewhere, the Dow saw an upswing of 0.75%, while the tech-heavy Nasdaq appreciated by 0.55%.
Prior to today's trading, shares of the company had lost 22.98% over the past month. This has lagged the Retail-Wholesale sector's loss of 0.19% and the S&P 500's loss of 0.84% in that time.
Market participants will be closely following the financial results of Sweetgreen, Inc. in its upcoming release. The company plans to announce its earnings on May 8, 2025. It is anticipated that the company will report an EPS of -$0.21, marking an 8.7% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $164.61 million, reflecting a 4.29% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.60 per share and revenue of $762.24 million, indicating changes of +24.05% and +12.62%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Sweetgreen, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.68% fall in the Zacks Consensus EPS estimate. Currently, Sweetgreen, Inc. is carrying a Zacks Rank of #3 (Hold).
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 202, putting it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.