Sweetgreen, Inc. (SG) Stock Sinks As Market Gains: What You Should Know
In the latest close session, Sweetgreen, Inc. (SG) was down 2.17% at $14.00. This change lagged the S&P 500's daily gain of 0.14%. Meanwhile, the Dow experienced a drop of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.38%.
The stock of company has risen by 16.63% in the past month, leading the Retail-Wholesale sector's gain of 4.28% and the S&P 500's gain of 5.35%.
The investment community will be paying close attention to the earnings performance of Sweetgreen, Inc. in its upcoming release. The company is slated to reveal its earnings on August 7, 2025. It is anticipated that the company will report an EPS of -$0.11, marking a 15.38% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $192.92 million, up 4.48% from the prior-year quarter.
SG's full-year Zacks Consensus Estimates are calling for earnings of -$0.64 per share and revenue of $743.29 million. These results would represent year-over-year changes of +18.99% and +9.82%, respectively.
Any recent changes to analyst estimates for Sweetgreen, Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.03% lower within the past month. Sweetgreen, Inc. is currently a Zacks Rank #4 (Sell).
The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 147, positioning it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SG in the coming trading sessions, be sure to utilize Zacks.com.
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This article originally published on Zacks Investment Research (zacks.com).
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