Sweetgreen, Inc. (SG) closed at $5.74 in the latest trading session, marking a -6.82% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.02%. Elsewhere, the Dow saw an upswing of 0.63%, while the tech-heavy Nasdaq appreciated by 1.23%.
Shares of the company have appreciated by 15.79% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 0.87%, and the S&P 500's gain of 0.63%.
Analysts and investors alike will be keeping a close eye on the performance of Sweetgreen, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on May 7, 2026. The company's upcoming EPS is projected at -$0.22, signifying a 4.76% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $166.01 million, down 0.18% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.74 per share and revenue of $708.64 million. These totals would mark changes of +35.09% and +4.29%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Sweetgreen, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.22% rise in the Zacks Consensus EPS estimate. Right now, Sweetgreen, Inc. possesses a Zacks Rank of #3 (Hold).
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 191, finds itself in the bottom 22% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Sweetgreen, Inc. (SG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).