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News  ›  The Motley Fool

Could Sweetgreen Be a Millionaire-Maker Stock?

The Motley Fool Logo The Motley Fool By Jeremy Bowman
Could Sweetgreen Be a Millionaire-Maker Stock?

Sweetgreen is experiencing significant challenges, with stock down 77% this year, declining same-store sales, widening losses, and macro-economic headwinds impacting restaurant spending. Despite challenges, the company aims to expand to 1,000 restaurants by 2032 and potentially recover.

Insights
RDZNW   positive

Company is strategically expanding into U.S. market, acquiring a revenue-generating platform with potential to grow to $150 million in Gross Written Premiums within three years


SG   negative

Stock down 77%, same-store sales declining, widening losses, loyalty program transition causing revenue headwinds, and facing pricing and cost control challenges