Sweetgreen (SG) Set to Post Earnings on Thursday

Key Points

• Sweetgreen is expected to report Q3 2026 results after the market closes on November 5. Analysts forecast a loss of $0.2597 per share and revenue of approximately $170.07 million.
• The company previously missed Q2 earnings expectations, reporting a $0.22-per-share loss versus the $0.13 consensus estimate, while revenue rose 3.8% year over year to $192.66 million.
• Wall Street remains divided: Sweetgreen has a consensus “Hold” rating and an average price target of $8.63, although recent targets range from $5.50 to $13.00. Shares recently opened at $11.24, near their 52-week high.

Sweetgreen (NYSE:SG - Get Free Report) will likely be announcing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Sweetgreen to announce earnings of ($0.2597) per share and revenue of $170.07 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 4:30 PM ET.

Sweetgreen (NYSE:SG - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.09). The company had revenue of $192.66 million for the quarter, compared to analysts' expectations of $194.50 million. Sweetgreen had a negative return on equity of 32.94% and a net margin of 2.01%. The company's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.20) EPS. On average, analysts expect Sweetgreen to post ($1.04) EPS for the current fiscal year and ($0.80) EPS for the next fiscal year.

Sweetgreen Stock Performance

Shares of SG opened at $11.24 on Thursday. Sweetgreen has a fifty-two week low of $4.49 and a fifty-two week high of $11.62. The company has a market capitalization of $1.34 billion, a PE ratio of 112.45 and a beta of 2.16. The stock has a fifty day moving average of $8.27 and a two-hundred day moving average of $7.17.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SG. KeyCorp lifted their price target on shares of Sweetgreen from $9.00 to $12.00 and gave the company an "overweight" rating in a report on Friday, October 23rd. Weiss Ratings downgraded Sweetgreen from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, August 11th. DA Davidson cut their target price on Sweetgreen from $7.00 to $5.50 and set a "neutral" rating on the stock in a research report on Monday, August 10th. Wall Street Zen upgraded Sweetgreen from a "strong sell" rating to a "sell" rating in a report on Sunday, August 16th. Finally, Citigroup boosted their price target on Sweetgreen from $8.00 to $13.00 and gave the company a "buy" rating in a research report on Friday, October 23rd. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Sweetgreen currently has a consensus rating of "Hold" and an average price target of $8.63.

Insider Transactions at Sweetgreen

In other news, COO Jason Miles Cochran sold 4,809 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $6.21, for a total transaction of $29,863.89. Following the completion of the transaction, the chief operating officer directly owned 207,076 shares in the company, valued at approximately $1,285,941.96. This represents a 2.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Jamie McConnell sold 15,033 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $6.21, for a total transaction of $93,354.93. Following the transaction, the chief financial officer owned 210,489 shares in the company, valued at $1,307,136.69. This trade represents a 6.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 18.19% of the stock is currently owned by insiders.

Sweetgreen Company Profile

Sweetgreen, Inc operates a fast-casual restaurant company focused on fresh, customizable meals. Its menu includes salads, grain bowls, protein plates, sides, and beverages made with seasonal produce and other ingredients. Customers can order in restaurants or through Sweetgreen's website and mobile application, with options for pickup and delivery.

Founded in 2007 by Nicolas Jammet, Jonathan Neman, and Nathaniel Ru, Sweetgreen began as a single restaurant in Washington, DC The company has expanded its restaurant network across metropolitan areas in the United States, with locations concentrated in major markets on the East and West coasts and in other regions.

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