Sweetgreen: Tremendous Same Store Sales Acceleration
SGSweetgreen(SG) Seeking Alpha·2024-08-16 21:26
Alex Potemkin We've read plenty of headlines in the mainstream media that consumers are starting to push back against price increases and trade down to cheaper goods, particularly when it comes to food. But if this is true, then the $15+ salads at Sweetgreen (NYSE:SG) aren't feeling the impact. The custom salad chain, best known more recently for pushing to automate its stores with robotic salad assembly, is seeing tremendous strength in same-store sales, with traffic increasing despite menu price incre ...