A worker wears a Sweetgreen Inc. hat while preparing food inside the company’s restaurant in Boston, Massachusetts. Adam Glanzman | Bloomberg | Getty Images Shares of Sweetgreen fell after the salad chain lowered its 2022 forecast. The restaurant company also said it laid off 5% of its support center workforceContinue Reading
A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses for its first quarter, but sales jumped 67% as workers returned to their offices and resumed their old lunchtime routines. Shares of the company rose more than 5% in extended trading. Here’s whatContinue Reading
A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses but strong fourth-quarter sales growth and promising performance at its restaurants in its first quarterly report since its initial public offering. The salad chain also issued a strong sales outlook for 2022, althoughContinue Reading