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

1. Sweetgreen's same-store sales expect a decline of 3% to 5%. 2. Updated financial results show potential challenges for 2025 outlook.

Earnings
+0.04%Current Return
VS
-1.6%S&P 500
$23.1402/26 05:14 PM EDTEvent Start
$23.1502/27 11:40 PM EDTLatest Updated
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FAQ

Why Bearish?

The projected decline in same-store sales suggests weakening consumer demand, akin to past downturns seen with other restaurant brands, which often leads to declining stock prices.

How important is it?

The decline in projected sales is significant for SG's valuation and could influence market perceptions significantly.

Why Short Term?

Immediate market reactions are likely due to the negative forecast affecting investor sentiment.

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CMGDNUTMCD
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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