Sweetgreen Bets on Fries and Loyalty for Growth
Sweetgreen (NYSE: SG) held its fourth-quarter 2024 earnings call on February 26, 2025, revealing significant progress in its mission to redefine fast food through superior sourcing, culinary excellence, and innovative technology. While the restaurant chain faces near-term challenges, management outlined several strategic initiatives to drive growth and expand margins in 2025. Here are the three most important insights for long-term investors.Sweetgreen achieved its first full year of positive adjusted EBITDA (earnings before interest, taxes, depreciation, and appreciation) in 2024. The company reported adjusted EBITDA of $18.7 million for 2024, a $21.5 million improvement over the prior year.2024 marked the first full year of positive adjusted EBITDA in our company's history, a key milestone that confirms our strategy is working. We are committed to leveraging our G&A, all while we scale our real estate footprint with the Infinite Kitchen, increase the pace of menu innovation and strategically invest in additional marketing.Continue reading
Sweetgreen (NYSE: SG) held its fourth-quarter 2024 earnings call on February 26, 2025, revealing significant progress in its mission to redefine fast food through superior sourcing, culinary excellence, and innovative technology. While the restaurant chain faces near-term challenges, management outlined several strategic initiatives to drive growth and expand margins in 2025. Here are the three most important insights for long-term investors.
Sweetgreen achieved its first full year of positive adjusted EBITDA (earnings before interest, taxes, depreciation, and appreciation) in 2024. The company reported adjusted EBITDA of $18.7 million for 2024, a $21.5 million improvement over the prior year.
2024 marked the first full year of positive adjusted EBITDA in our company's history, a key milestone that confirms our strategy is working. We are committed to leveraging our G&A, all while we scale our real estate footprint with the Infinite Kitchen, increase the pace of menu innovation and strategically invest in additional marketing.
