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Some restaurant stocks like Chipotle have delivered monster returns to early investors. Cava Group is growing rapidly and has a number of similarities to Chipotle.
Don't count out small and mid-sized stocks. Plenty of them are strong performers that offer incredible returns to shareholders.
Sweetgreen stock recently skyrocketed after showing improvement in its restaurant-level profitability. Investors are optimistic that its improvements can continue, but the company is still reporting steep net losses.
Barron's published an article on March 25 entitled “GameStop Stock Is Having Its Best Day Since Last Year. Earnings Are Tuesday.
Sweetgreen's growth strategies, including Sweetpass and menu innovations, have gained positive traction and are expected to drive further growth. The launch of Sweetpass has provided SG with direct access to consumers' phones, allowing for targeted marketing and data collection. Menu innovation, such as the introduction of Protein Plates, has helped SG capture a larger share of consumers' daypart meal budget and diversify its revenue stream.
SoundHound AI and Sweetgreen are up 174% and 116% so far in 2024. SoundHouse AI is seeing its platform for conversational intelligence explode in popularity.
Sweetgreen, Inc. (SG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Sweetgreen continues to experience rapid growth at high average unit volumes. Management expects an adjusted EBITDA profit this year.
Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.44 per share a year ago.
Sweetgreen, Inc. (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.