Sweetgreen's revenue grew with new store openings, but same-store sales declined
From Yahoo Finance: 2025-05-18 10:17:00
Sweetgreen, a salad-focused fast-food chain, saw its top line grow by 5.4% in the first quarter of 2025, but same-store sales fell 3.1%. The company added five new locations in the quarter, aiming for a significant 8% expansion in stores. New locations boosted revenue, helping reduce losses compared to the previous year.
While the revenue increase is positive, investors should monitor same-store sales closely. Weak same-store sales could limit long-term growth potential. Management’s emphasis on new store openings may mask underlying issues with the core business. It’s essential to assess the overall performance and growth strategy of Sweetgreen before investing.
Read more at Yahoo Finance: Sweetgreen Is Betting It All on Store Growth