From Yahoo Finance: 2025-05-19 20:35:00

Sweetgreen, Inc. (NYSE:SG) plans to enter the Arkansas market, part of its expansion in the southern U.S. It is known for fresh, healthy meals like salads and bowls. The first Arkansas location opens in Fayetteville, with another at Walmart’s new headquarters in Bentonville.

Sweetgreen aims for a 15-20% presence increase annually and plans to open 40 new restaurants in 2025. They will introduce Infinite Kitchen technology in half of them. The company’s Chief Development Officer, Christopher Tarrant, is excited about the growth opportunities in Northwest Arkansas.

Sweetgreen’s first-quarter earnings show a projected revenue of $740-760 million for FY25. Same-store sales are stable, with a 19.5% profit margin and an estimated adjusted EBITDA of $30 million. The company emphasizes operational efficiency as it scales.

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Read more at Yahoo Finance: Sweetgreen, Inc. (SG) Set to Enter Arkansas Market as Part of Southern U.S. Expansion