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CORRECTING and REPLACING Sweetgreen, Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

1. Sweetgreen revised same-store sales projection to a decrease of 3% to 5%. 2. The financial results announcement may reflect weakening consumer demand.

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FAQ

Why Bearish?

The forecasted decline in same-store sales signals a downturn, reminiscent of past declines that hurt stocks.

How important is it?

Sales forecasts directly affect investor confidence and stock price, indicating a notable impact.

Why Short Term?

Immediate negative sentiment from sales decline can lead to quick price drop.

Related Companies

CMGDNKNMCD
LOS ANGELES--(BUSINESS WIRE)--2025 Outlook, second section, third bullet of release should read: Same-Store Sales Change of approximately (5)-(3)% (instead of Same-Store Sales Change of approximately 5-3%). The updated release reads: SWEETGREEN, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2024 FINANCIAL RESULTS 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.

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