Published:
New menu items and greater success during dinnertime helped Sweetgreen Inc. post upbeat sales growth in the latest quarter despite industrywide wallet pressures.
The company, best known for its customizable salads,
saw 9% growth in same-store sales during the June quarter, above the roughly 6% growth that analysts were expecting. William Blair analyst Sharon Zackfia noted that this was Sweetgreen’s SG best performance on the metric in two years, fueled by traffic and business mix.