Sweetgreen Sees FY24 Revenue $655M-$670M Vs $661M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sweetgreen projects its FY24 revenue to be between $655 million and $670 million, which is around the analyst estimate of $661 million.

February 29, 2024 | 10:14 pm
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POSITIVE IMPACT
Sweetgreen's FY24 revenue projection closely aligns with analyst expectations, indicating stable growth and potentially reassuring investors.
When a company's revenue projections closely match or exceed analyst estimates, it often leads to positive investor sentiment and can boost stock prices in the short term. Sweetgreen's projection suggests confidence in their growth trajectory, which could reassure investors and positively impact the stock.
CONFIDENCE 90
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RELEVANCE 100