The economics of a $15 Sweetgreen salad
Greener liningsShares in salad seller Sweetgreen jumped a whopping 34% on Friday, after the company beat Wall Street’s expectations, as revenues rose 26% year-on-year to hit $158M in the first quarter.That makes Sweetgreen — popular for peddling premium salads that can cost as much as $20 — one of the best performing stocks in America this year, having soared more than 185% in 2024.Raw dealInvestors were buoyed by the company raising both its revenue and adjusted EBITDA guidance for the rest of ...
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