Sweetgreen rose 16.3% before opening, Q1 revenue exceeds expectations, raises annual guidance

Gelonghui, May 10 | American fast-food restaurant Sweetgreen rose 16.3% before the opening, to US$27.4

Gelonghui, May 10 | American fast-food restaurant Sweetgreen rose 16.3% before the market opened to US$27.4.
The company\’s first-quarter revenue increased to US$157.9 million from US$125.1 million in the same period last year, exceeding analysts\’ expectations of US$152 million.
For fiscal 2024, Sweetgreen raised its revenue forecast to $660 million from $655 million to $675 million.

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