Sweetgreen Q2 2024 GAAP EPS $(0.13) Misses $(0.12) Estimate, Sales $184.641M Beat $180.782M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sweetgreen (NYSE:SG) reported a Q2 2024 GAAP EPS of $(0.13), missing the $(0.12) estimate, but achieved sales of $184.641M, beating the $180.782M estimate. Sales increased by 21.06% year-over-year.
August 08, 2024 | 9:13 pm
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Sweetgreen's Q2 2024 earnings report shows a mixed performance with a slight miss on EPS but a beat on sales, which also saw a significant year-over-year increase.
The mixed results, with a slight miss on EPS but a beat on sales and a significant year-over-year increase, suggest a neutral short-term impact on the stock price. Investors may weigh the positive sales growth against the EPS miss.
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IMPORTANCE 80
RELEVANCE 100