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Sweetgreen

Operations

Sweetgreen really wants you to get back to the office

 By Heather Lalley on Mar. 04, 2022

The fast-casual salad chain revealed it has about 500 Outpost office drop-off locations, but it’s hoping to grow that business to boost its sales.

Financing

For Sweetgreen, margins remain a big hurdle

 By Heather Lalley on Mar. 03, 2022

The fast-casual, in its first earnings report as a public company, said it expects its first-quarter restaurant-level margins to be between 10% and 11% despite growing sales.

Marketing

Sweetgreen tests a subscription program

By Heather Lalley on Jan. 03, 2022

The fast casual’s Sweetpass costs $10 a month and awards users with a $3 credit for each purchase for 30 days.

Financing

Sweetgreen's valuation has taken a huge hit

By Jonathan Maze on Dec. 02, 2021

The Bottom Line: The salad chain’s stock price has fallen 40% since its peak amid market volatility and questions about its market cap.

Financing

Sweetgreen’s valuation is already higher than Wendy’s and Papa John’s

By Jonathan Maze on Nov. 22, 2021

The Bottom Line: IPO investors have made newly public chains more valuable than other concepts with much longer track records.

Financing

Sweetgreen has a strong IPO. Now what?

By Jonathan Maze on Nov. 19, 2021

The Bottom Line: The salad chain’s market debut was one of the year’s best in the industry. But skepticism about its long-term prospects remains.

Financing

Sweetgreen shares soar in Wall Street debut

By Heather Lalley on Nov. 18, 2021

The fast-casual salad chain, which has yet to turn a profit, saw its stock close at more than 76% above its starting price.

Financing

Sweetgreen raises $364M in its IPO

By Heather Lalley on Nov. 18, 2021

The 140-unit salad chain priced its shares at $28 —$3 above its previously stated range—as it begins trading on the New York Stock Exchange Thursday.

Financing

Sweetgreen seeks to raise about $275M with its IPO

By Heather Lalley on Nov. 09, 2021

The fast-casual salad chain revealed the terms of its initial public offering Tuesday, saying it intends to sell its shares for between $23 and $25 apiece.

Financing

Vaccine mandates are causing ‘significant challenges’ for Sweetgreen

By Heather Lalley on Oct. 27, 2021

The fast casual, which submitted its go-public plans this week, said it is having trouble getting workers to submit proof of vaccination, which could lead to layoffs, staffing shortages and potential restaurant closures.

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