Sweetgreen Inc (SG) PT Raised to $17 at Morgan Stanley

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Go back to Sweetgreen Inc (SG) PT Raised to $17 at Morgan Stanley

Sweetgreen (SG) stock surges on revenue beat

May 10, 2024 10:58 AM EDT

Sweetgreen (NYSE: SG) stock surged 39% Friday, based on its latest results, which saw it top quarterly revenue expectations.

The company posted a loss per share of ($0.23), $0.05 worse than the analyst estimate of ($0.18). However, revenue for the quarter came in at $157.9 million, rising 26% year-on-year and beating the consensus estimate of $151.61... More