From Nasdaq: 2024-06-21 18:15:20

In the latest trading session, Sweetgreen, Inc. (SG) closed at $29.11, down 0.92%. The stock performed worse than the S&P 500 and Nasdaq but slightly better than the Dow. Over the past month, shares have fallen 5.04%, underperforming the Retail-Wholesale sector and S&P 500.

Analysts expect Sweetgreen, Inc. to report earnings per share of -$0.12. Revenue is projected to be $180.2 million, up 18.14% from last year. Full-year estimates suggest earnings of -$0.73 per share and revenue of $672.14 million, showing growth from the previous year.

Zacks Rank system rates Sweetgreen, Inc. as #3 (Hold). The Retail – Restaurants industry, part of the Retail-Wholesale sector, currently ranks at 149 out of 250+ industries. Zacks Industry Rank shows top 50% industries outperform the bottom half by 2 to 1.

Zacks is offering a free special report on how to profit from the 2024 Presidential Election, regardless of the winner. This includes recommendations for 5 stocks predicted to benefit from electoral excitement, such as a medical manufacturer with impressive growth and an aerospace company with a lucrative contract.

Stay updated on stock-impacting metrics and trends by relying on Zacks.com. The report highlights timely stocks like a rental company dominating its sector and an energy powerhouse planning to increase dividends by 25%. It also shares recommendations for an aerospace standout and a chipmaker expanding its operations in the U.S.



Read more at Nasdaq: Sweetgreen, Inc. (SG) Dips More Than Broader Market: What You Should Know