Sweetgreen Is Betting It All on Store Growth
Sweetgreen (NYSE: SG) is a young restaurant chain that aims to grow in the years ahead, but it's important to know that financial results for this type of business need to be assessed in a particular way. For example, the company's first quarter appears to have been reasonably strong, with the top line expanding by 5.4%.But there's an underlying weakness here that you have to understand before you buy into this salad-focused fast-food concept. Let's take a closer look.Sweetgreen is basically a fast-food restaurant chain. The food it sells which, as noted, is salads isn't actually all that important when you step back and look at how the business operates from a big-picture perspective. Like all fast-food restaurants, there are two key numbers that are important to monitor.Continue reading
Sweetgreen (NYSE: SG) is a young restaurant chain that aims to grow in the years ahead, but it's important to know that financial results for this type of business need to be assessed in a particular way. For example, the company's first quarter appears to have been reasonably strong, with the top line expanding by 5.4%.
But there's an underlying weakness here that you have to understand before you buy into this salad-focused fast-food concept. Let's take a closer look.
Sweetgreen is basically a fast-food restaurant chain. The food it sells which, as noted, is salads isn't actually all that important when you step back and look at how the business operates from a big-picture perspective. Like all fast-food restaurants, there are two key numbers that are important to monitor.
