In the latest trading session, Sweetgreen, Inc. (SG) closed at $6.97, marking a +1.46% move from the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.24%. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq lost 0.26%.
Coming into today, shares of the company had gained 30.11% in the past month. In that same time, the Retail-Wholesale sector gained 7.72%, while the S&P 500 gained 6.42%.
The investment community will be paying close attention to the earnings performance of Sweetgreen, Inc. in its upcoming release. The company is slated to reveal its earnings on May 7, 2026. It is anticipated that the company will report an EPS of -$0.22, marking a 4.76% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $165.96 million, down 0.21% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.74 per share and a revenue of $708.61 million, signifying shifts of +35.09% and +4.29%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Sweetgreen, Inc. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Sweetgreen, Inc. boasts a Zacks Rank of #3 (Hold).
The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 175, positioning it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the 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).