Here's Why You Should Retain Sweetgreen Stock in Your Portfolio Now
Sweetgreen(SG) ZACKS·2024-09-21 01:20
Shares of Sweetgreen, Inc. (SG) have gained 23.6% in the past three months compared with the industry's 6.3% growth. The company is benefiting from solid traffic and strategic pricing. Also, the focus on menu innovation and expansion efforts bode well. However, elevated expenses are a concern. Growth Catalysts for SG Stock Sweetgreen's growth strategy is centered on two key pillars: menu innovation and restaurant expansion. The company opened four new restaurants in the second quarter, with a strong pipelin ...