Sweetgreen, Inc (SG) Misses Q1 EPS by 5c, Offers Guidance
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Sweetgreen, Inc. Announces First Quarter 2024 Financial Results
May 9, 2024 4:05 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Sweetgreen, Inc. (NYSE: SG) (the Company), the mission-driven, next generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its first fiscal quarter ended March 31, 2024.
First quarter 2024 financial highlights
For the first quarter of fiscal year 2024, compared to the first quarter of fiscal year 2023:
Total revenue was $157.9 million, versus $125.1 million in the prior year period, an increase of 26%. Same-Store Sales Change of 5% was consistent with the prior year period. AUV of... More