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Sweetgreen shares rise 29% thanks to strong comparable store sales growth of 9%


Sweetgreen shares rise 29% thanks to strong comparable store sales growth of 9%

Operator of a healthy fast-casual restaurant Sweetgreen Inc. NYSE: SG reported stellar metrics in its Q2 2024 earnings report, causing shares to rise 29%. The healthy salad and bowl restaurant chain saw a significant increase in traffic and revenue. On the surface, the company missed earnings estimates by 4 cents and is still not profitable. […]