Sweetgreen, Inc. Announces First Quarter 2024 Financial Results

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Sweetgreen Inc (SG) PT Raised to $35 at RBC Capital

May 10, 2024 6:30 AM EDT

RBC Capital analyst Christopher Carril raised the price target on Sweetgreen Inc (NYSE: SG) to $35.00 (from $20.00) while maintaining a Outperform rating.

The analyst comments "SG beat on top & bottom line in Q1 as comps beat by 200 bps despite weather & holiday headwinds in the... More

Sweetgreen, Inc (SG) Misses Q1 EPS by 5c, Offers Guidance

May 9, 2024 4:11 PM EDT

Sweetgreen, Inc (NYSE: SG) reported Q1 EPS of ($0.23), $0.05 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $157.9 million versus the consensus estimate of $151.61 million.

GUIDANCE:

Sweetgreen, Inc sees FY2024 revenue of $660-675 million, versus the consensus of $667... More