sweetgreen is a destination for simple, seasonal, healthy food. we believe the choices we make every day about what we eat, where it comes from, and how it’s made have a lasting impact on our communities. from the seed to the store, we’re involved in every step of the supply chain, working with partners and farmers we know and trust. we make our food from scratch in each sweetgreen every day, using whole produce delivered that morning. as sweetgreen grows, we’re dedicated to working with the right people. we’ve built a family of 1,500 hardworking individuals who care about developing future leaders and live our core values daily. we meet farmers before we meet landlords. we turn our new neighbors into friends. we’re building a brand that connects to local neighborhoods and leaves communities better off than we found them. our vision is to change the way people live their lives, starting with how they think about food. we’ve worked hard to build a company with passion and purpose -
Company profile
Ticker
SG
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Spyce Food Co. ...
IRS number
271159215
SG stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
29 Feb 24
8-K
Sweetgreen, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results
29 Feb 24
8-K
Sweetgreen Appoints Rossann Williams As Chief Operating Officer
2 Feb 24
8-K
Departure of Directors or Certain Officers
14 Dec 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Sweetgreen, Inc. Announces Third Quarter 2023 Financial Results
2 Nov 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
8-K
Sweetgreen, Inc. Announces Second Quarter 2023 Financial Results
27 Jul 23
UPLOAD
Letter from SEC
3 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
20 Jun 23
Transcripts
SG
Earnings call transcript
2023 Q3
2 Nov 23
SG
Earnings call transcript
2023 Q2
27 Jul 23
SG
Earnings call transcript
2023 Q1
4 May 23
SG
Earnings call transcript
2022 Q4
23 Feb 23
SG
Earnings call transcript
2022 Q3
8 Nov 22
SG
Earnings call transcript
2022 Q2
13 Aug 22
SG
Earnings call transcript
2022 Q1
7 May 22
Latest ownership filings
4
Mitch Reback
12 Mar 24
144
Notice of proposed sale of securities
12 Mar 24
4
Jonathan Neman
4 Mar 24
4
Adrienne Gemperle
4 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
4
Mitch Reback
29 Feb 24
4/A
Adrienne Gemperle
29 Feb 24
144
Notice of proposed sale of securities
27 Feb 24
4
Adrienne Gemperle
23 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 274.87 mm | 274.87 mm | 274.87 mm | 274.87 mm | 274.87 mm | 274.87 mm |
Cash burn (monthly) | 1.86 mm | 8.86 mm | 8.83 mm | 11.75 mm | (no burn) | (no burn) |
Cash used (since last report) | 11.50 mm | 54.68 mm | 54.48 mm | 72.52 mm | n/a | n/a |
Cash remaining | 263.37 mm | 220.19 mm | 220.38 mm | 202.35 mm | n/a | n/a |
Runway (months of cash) | 141.3 | 24.8 | 25.0 | 17.2 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 163 |
Opened positions | 32 |
Closed positions | 19 |
Increased positions | 60 |
Reduced positions | 30 |
13F shares | Current |
---|---|
Total value | 989.79 bn |
Total shares | 100.68 mm |
Total puts | 2.02 mm |
Total calls | 1.57 mm |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
FMR | 14.81 mm | $174.02 bn |
Baillie Gifford & Co | 12.01 mm | $141.12 bn |
Vanguard | 8.13 mm | $95.48 bn |
BLK Blackrock | 6.56 mm | $77.07 bn |
Revolution Growth Ii | 4.68 mm | $0.00 |
Jonathan Neman | 4.00 mm | $0.00 |
Nathaniel Ru | 3.81 mm | $0.00 |
Nicolas Jammet | 3.71 mm | $0.00 |
Anchorage Capital Group, L.L.C. | 3.43 mm | $40.25 bn |
Neuberger Berman | 3.03 mm | $35.65 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Mitch Reback | Class A Common Stock | Sell | Dispose S | No | Yes | 21.01 | 29,475 | 619.27 k | 405,584 |
11 Mar 24 | Mitch Reback | Class A Common Stock | Gift | Dispose G | No | No | 0 | 2,000 | 0.00 | 435,059 |
8 Mar 24 | Mitch Reback | Class A Common Stock | Gift | Dispose G | No | No | 0 | 2,000 | 0.00 | 437,059 |
1 Mar 24 | Adrienne Gemperle | Class A Common Stock | Sell | Dispose S | No | Yes | 16 | 4,000 | 64.00 k | 129,407 |
1 Mar 24 | Jonathan Neman | Class A Common Stock | Sell | Dispose S | Yes | Yes | 17.01 | 18,067 | 307.32 k | 0 |
1 Mar 24 | Jonathan Neman | Class A Common Stock | Sell | Dispose S | Yes | Yes | 16.07 | 40,000 | 642.80 k | 18,067 |
1 Mar 24 | Jonathan Neman | Class A Common Stock | Conversion | Acquire C | Yes | No | 0 | 58,067 | 0.00 | 58,067 |
1 Mar 24 | Jonathan Neman | Class B Common Stock Class A Common Stock | Conversion | Dispose C | Yes | No | 0 | 58,067 | 0.00 | 3,908,826 |
27 Feb 24 | Mitch Reback | Class A Common Stock | Sell | Dispose S | No | Yes | 12.01 | 10,444 | 125.43 k | 439,059 |
22 Feb 24 | Adrienne Gemperle | Class A Common Stock | Sell | Dispose S | No | Yes | 11.33 | 6,286 | 71.22 k | 133,407 |
News
JP Morgan Maintains Overweight on Sweetgreen, Raises Price Target to $28
19 Mar 24
TD Cowen Maintains Market Perform on Sweetgreen, Raises Price Target to $17
7 Mar 24
Analyst Ratings For Sweetgreen
6 Mar 24
JP Morgan Maintains Overweight on Sweetgreen, Raises Price Target to $20
6 Mar 24
RBC Capital Maintains Outperform on Sweetgreen, Raises Price Target to $20
4 Mar 24
Press releases
Sweetgreen to Present at Upcoming Investor Conference
5 Mar 24
Sweetgreen Tests New Caramelized Garlic Steak in Select Locations
6 Feb 24
Sweetgreen Appoints Rossann Williams as Chief Operating Officer
2 Feb 24
Sweetgreen to Announce Fourth Quarter and Full Year 2023 Results on February 29, 2024
1 Feb 24
Sweetgreen Makes Its Pacific Northwest Debut in Seattle
16 Jan 24