Sweetgreen, Inc. (SG) Reports Q3 Loss, Misses Revenue Estimates
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Sweetgreen, Inc. (SG) reported a Q3 loss of $0.18 per share, missing the Zacks Consensus Estimate of a $0.16 loss. This is an improvement from the $0.22 loss per share a year ago.
November 08, 2024 | 12:30 am
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Sweetgreen reported a Q3 loss of $0.18 per share, missing the expected loss of $0.16. This could negatively impact the stock price in the short term.
Sweetgreen's reported loss of $0.18 per share was worse than the expected $0.16 loss, which typically leads to a negative market reaction. However, the loss is an improvement from the previous year's $0.22 loss, which may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100