SG Stock Recent News

In the closing of the recent trading day, Sweetgreen, Inc. (SG) stood at $25.02, denoting a -2% change from the preceding trading day.

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, the mission-driven restaurant brand connecting more people to real food, today announced the nominations of Monty Moran, former co-CEO of Chipotle Mexican Grill, and Dawn Ostroff, former Chief Content and Advertising Business Officer at Spotify, to stand for election to the company's Board of Directors at its 2025 annual meeting of stockholders. “Monty and Dawn bring a wealth of experience in scaling brands, driving operational excellence, and building.

In the closing of the recent trading day, Sweetgreen, Inc. (SG) stood at $25.68, denoting a -1.72% change from the preceding trading day.

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The latest trading day saw Sweetgreen, Inc. (SG) settling at $23.80, representing a +0.68% change from its previous close.

Shares of salad restaurant chain Sweetgreen (SG -2.42%) plunged 30.9% in February, according to data provided by S&P Global Market Intelligence. The company did report financial results for the fourth quarter of 2024 during the month, but that report didn't come until Feb. 26.

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 (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.

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.