Financial Snapshot

Revenue
$648.9M
TTM
Gross Margin
27.85%
TTM
Net Earnings
-$93.00M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
272.27%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$470.1M
Q2 2024
Cash
Q2 2024
P/E
-41.95
Sep 18, 2024 EST
Free Cash Flow
-$27.91M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $584.0M $470.1M $339.9M $220.6M $274.2M $220.5M $170.5M
YoY Change 24.24% 38.32% 54.07% -19.55% 24.35% 29.33% 50.62%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $584.0M $470.1M $339.9M $220.6M $274.2M $220.5M $170.5M
Cost Of Revenue $424.7M $352.9M $247.5M $183.1M $192.0M $148.1M $122.2M
Gross Profit $159.3M $117.2M $92.39M $37.50M $82.10M $72.40M $48.30M
Gross Profit Margin 27.28% 24.94% 27.18% 17.0% 29.94% 32.83% 28.33%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $161.1M $201.9M $184.4M $149.9M $132.3M $83.80M $67.80M
YoY Change -20.21% 9.46% 23.03% 13.3% 57.88% 23.6% 47.39%
% of Gross Profit 101.11% 172.21% 199.61% 399.73% 161.14% 115.75% 140.37%
Research & Development $1.200M $2.000M
YoY Change -40.0%
% of Gross Profit 0.75% 1.71%
Depreciation & Amortization $59.49M $46.47M $35.55M $26.85M $19.42M $16.80M $12.20M
YoY Change 28.02% 30.72% 32.4% 38.26% 15.6% 37.7% 84.85%
% of Gross Profit 37.35% 39.64% 38.48% 71.6% 23.65% 23.2% 25.26%
Operating Expenses $224.3M $262.6M $220.0M $176.8M $151.7M $100.5M $80.00M
YoY Change -14.61% 19.39% 24.42% 16.55% 50.95% 25.63% 52.09%
Operating Profit -$122.3M -$193.3M -$127.6M -$139.3M -$69.60M -$28.10M -$31.70M
YoY Change -36.72% 51.55% -8.42% 100.14% 147.69% -11.36% 50.95%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $128.0K $83.00K $363.0K $600.0K $2.600M -$2.700M -$900.0K
YoY Change 54.22% -77.13% -39.5% -76.92% -196.3% 200.0% -1000.0%
% of Operating Profit
Other Income/Expense, Net -$3.475M -$819.0K -$18.99M -$200.0K -$500.0K $0.00 $0.00
YoY Change 324.3% -95.69% 9396.0% -60.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$113.0M -$189.1M -$153.0M -$141.2M -$67.90M -$31.10M -$33.00M
YoY Change -40.24% 23.57% 8.38% 107.95% 118.33% -5.76% 55.66%
Income Tax $379.0K $1.345M $147.0K $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$113.4M -$190.4M -$153.2M -$141.2M -$67.90M -$31.10M -$33.00M
YoY Change -40.46% 24.33% 8.48% 107.95% 118.33% -5.76% 55.66%
Net Earnings / Revenue -19.41% -40.51% -45.07% -64.01% -24.76% -14.1% -19.35%
Basic Earnings Per Share -$1.01 -$1.73 -$5.51 -$8.80
Diluted Earnings Per Share -$1.01 -$1.73 -$5.513M -$1.320M -$634.6K -$290.7K -$308.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $257.2M $331.6M $472.0M $102.6M $249.3M
YoY Change -22.43% -29.74% 360.01% -58.84%
Cash & Equivalents $257.2M $331.6M $472.0M $102.6M $249.3M
Short-Term Investments
Other Short-Term Assets $13.31M $9.908M $14.44M $6.000M $6.500M
YoY Change 34.34% -31.4% 140.72% -7.69%
Inventory $2.069M $1.383M $903.0K $600.0K $800.0K
Prepaid Expenses
Receivables $3.502M $3.244M $2.644M $1.100M $2.400M
Other Receivables $0.00 $0.00 $16.70M $5.500M $2.600M
Total Short-Term Assets $276.1M $346.1M $506.7M $115.9M $261.6M
YoY Change -20.23% -31.68% 337.15% -55.7%
Property, Plant & Equipment $510.9M $489.3M $180.7M $127.2M $107.8M
YoY Change 4.41% 170.84% 42.03% 18.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.175M $6.938M $6.489M $5.400M $5.100M
YoY Change -11.0% 6.92% 20.17% 5.88%
Total Long-Term Assets $580.4M $562.8M $256.0M $149.8M $124.8M
YoY Change 3.14% 119.84% 70.89% 20.03%
Total Assets $856.6M $908.9M $762.6M $265.7M $386.4M
YoY Change
Accounts Payable $17.38M $12.24M $11.20M $6.200M $8.300M
YoY Change 41.97% 9.33% 80.6% -25.3%
Accrued Expenses $65.40M $58.29M $28.43M $24.70M $19.50M
YoY Change 12.2% 105.03% 15.11% 26.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $91.58M $72.55M $47.53M $36.30M $32.90M
YoY Change 26.23% 52.64% 30.93% 10.33%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $280.6M $293.7M $61.88M $31.10M $21.10M
YoY Change -4.47% 374.71% 98.97% 47.39%
Total Long-Term Liabilities $280.6M $293.7M $61.88M $31.10M $21.10M
YoY Change -4.47% 374.71% 98.97% 47.39%
Total Liabilities $374.0M $367.7M $109.5M $67.40M $54.00M
YoY Change 1.7% 235.71% 62.51% 24.81%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 111.9M shares 110.1M shares 27.78M shares 16.05M shares
Diluted Shares Outstanding 111.9M shares 110.1M shares 27.78M shares 16.05M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $3.9014 Billion

About Sweetgreen Inc

Sweetgreen, Inc. owns and operates a chain of salad restaurants. The company is headquartered in Los Angeles, California and currently employs 6,186 full-time employees. The company went IPO on 2021-11-18. The Company, along with its subsidiaries, is engaged in developing a restaurant and lifestyle brand that serves healthy food at scale. The company owns and operates approximately 221 restaurants in 18 states and Washington, D.C. The company offers signature salads, warm bowls, and plates that are complemented by a seasonal menu that changes five times per year. In Addition, it offers diversified menu to provide customers with a variety of options, including broths, soups, desserts and beverages. The company is also engaged in offering consumer packaged goods, such as dressing, sauces, or packaged produce. Its menu offering includes Core menu and Seasonal menu. The Core menu consists of Harvest Bowl, Kale Caesar, Shroomami, Guacamole Greens, Buffalo Chicken Bowl, Fish Taco, Crisp Rice Bowl, Chicken Pesto Parm, Super Green Goddess, Garden Cobb and Hot Honey Chicken. The Seasonal menu consists of Crispy Chicken, Elote Bowl, and Summer Fruits & Burrata.

Industry: Retail-Eating Places Peers: Bloomin' Brands Inc CRACKER BARREL OLD COUNTRY STORE, INC Cheesecake Factory Inc Jack in the Box Inc Krispy Kreme Inc McDonald's Corp Papa John's International Inc Portillos Inc Shake Shack Inc Wingstop Inc