Sweetgreen, Inc.

NYSE:SG Stock Report

Market Cap: US$1.0b

Sweetgreen Management

Management criteria checks 4/4

Sweetgreen's CEO is Jonathan Neman, appointed in Dec 2017, has a tenure of 8.58 years. total yearly compensation is $3.23M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 4.81% of the company’s shares, worth $50.09M. The average tenure of the management team and the board of directors is 2.9 years and 6.1 years respectively.

Key information

Jonathan Neman

Chief executive officer

US$3.2m

Total compensation

CEO salary percentage17.05%
CEO tenure8.6yrs
CEO ownership4.8%
Management average tenure2.9yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

Narrative Update Jul 02

SG: Hospitality Turnaround Efforts Will Likely Limit Future Share Price Upside

Analysts have modestly lifted their Sweetgreen price target to $5.00 from $4.50, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E multiples. What’s in the News for Sweetgreen Sweetgreen is focusing its turnaround on hospitality, with expanded employee training aimed at stronger human connections and a clearer link between its food and farmers, according to recent news reports.
Narrative Update Jun 18

SG: New Wraps Category And Menu Additions Will Shape Balanced Outlook

Analysts have modestly adjusted their Sweetgreen price target, reflecting slightly updated views on discount rates, profit margins, and future P/E assumptions, while keeping fair value and revenue growth expectations broadly in line with prior estimates. What's in the News for Sweetgreen Sweetgreen announced the nationwide launch of Wraps, marking its largest menu category expansion beyond bowls, salads, and plates.
Narrative Update Jun 03

SG: Menu Expansion And Turnaround Plan Will Shape Fairly Balanced Outlook

Analysts have lifted their Sweetgreen price target from $6.83 to $7.81 as they factor in a slightly lower discount rate, modestly adjusted revenue growth and profit margin expectations, and a higher assumed future P/E multiple. What's in the News Sweetgreen rolled out high protein wraps nationwide at sub US$15 price points, targeting more frequent, everyday visits and adding a major new menu category beyond bowls, salads, and plates (source: company announcement, Oppenheimer coverage).
Seeking Alpha May 18

Sweetgreen: Sales And Profits Are Evaporating

Summary Sweetgreen faces macroeconomic headwinds and weak sales performance amid a tough restaurant industry landscape. Despite a ~10% YTD gain and a ~50% rebound from February lows, SG remains down ~80% from 2024 highs. SG's competitiveness is deteriorating, raising questions about the sustainability of its recent share price recovery. The S&P 500's gains are narrowly concentrated in AI-linked tech, leaving most consumer and software stocks, including SG, under pressure. Read the full article on Seeking Alpha
Analysis Article May 16

Sweetgreen (NYSE:SG) Shareholders Should Be Cautious Despite Solid Earnings

Sweetgreen, Inc. ( NYSE:SG ) posted some decent earnings, but shareholders didn't react strongly. Our analysis suggests...
Narrative Update May 01

SG: Menu Experiments And Modest Sales Outlook Will Restrain Future Upside

Analysts have adjusted their price target on Sweetgreen to $4.50, reflecting updated assumptions around discount rate, revenue growth, profit margin, and future P/E. These changes keep the fair value estimate steady at $4.50.
Narrative Update Apr 16

SG: New Menu Formats And Modest 2026 Outlook Will Shape Fair Upside

Analysts have trimmed their price target on Sweetgreen by about $0.55, reflecting slightly more cautious assumptions around revenue growth, profitability, and future P/E multiples, while largely maintaining their view of the company’s long term potential. What's in the News Sweetgreen issued fiscal 2026 guidance that anticipates same store sales change in a range of 4.0% to 2.0% (Corporate guidance).
Narrative Update Apr 01

SG: Slower Revenue Assumptions Will Offset Menu Expansion And Pressure Shares

Analysts have reduced their Sweetgreen price target by $1.10, reflecting updated assumptions for revenue growth, discount rate, profit margins, and future P/E that bring their valuation closer to a more cautious outlook. What's in the News Sweetgreen introduced a limited time KBBQ Chicken menu with two new entrees: the KBBQ Chicken Bowl and KBBQ Chicken Plate.
Narrative Update Mar 18

SG: New Menu Formats And Partnerships Will Support Long Term Upside

Analysts have reset their Sweetgreen price target from $21.00 to $9.00. This reflects updated assumptions for revenue growth, profit margins, discount rate and future P/E expectations.
Narrative Update Mar 04

SG: New Protein Menu And Loyalty Ecosystem Will Support Long Term Upside

Analysts have trimmed their Sweetgreen price target, citing updated assumptions around fair value, revenue growth, profit margins, and future P/E. Together, these factors point to a slightly more conservative outlook on what they are willing to pay for the shares in dollar terms.
Narrative Update Feb 17

SG: Menu Collaborations And New Markets Will Support Long Term Upside

Analysts have nudged their Sweetgreen price target slightly lower, trimming fair value from about $8.06 to roughly $7.99 as they factor in marginally softer assumptions around revenue growth, profit margins, and future P/E multiples, alongside a modestly higher discount rate. What's in the News Feta returns to Sweetgreen's core menu nationwide, paired with a new Winter Harvest Bowl that riffs on the Harvest Bowl, which has sold more than 36 million to date, and features Charred Balsamic Cabbage and Maple Glazed Squash in select markets starting February 3, excluding New York (Key Developments).
Analysis Article Feb 10

Sweetgreen, Inc.'s (NYSE:SG) 28% Dip In Price Shows Sentiment Is Matching Revenues

The Sweetgreen, Inc. ( NYSE:SG ) share price has softened a substantial 28% over the previous 30 days, handing back...
Analysis Article Feb 10

Sweetgreen, Inc. (NYSE:SG) Not Doing Enough For Some Investors As Its Shares Slump 28%

Sweetgreen, Inc. ( NYSE:SG ) shares have retraced a considerable 28% in the last month, reversing a fair amount of...
Narrative Update Feb 03

SG: Updated Guidance And Automation Push Will Support Balanced Long Term Outlook

Analysts have raised their fair value estimate for Sweetgreen from US$5.00 to US$5.60 as they factor in updated assumptions on discount rate, revenue, profit margin and future P/E, which together point to a modestly higher long term valuation framework for the stock. What's in the News Sweetgreen updated its fiscal 2025 guidance, expecting revenue of US$682 million to US$688 million and a Same Store Sales Change in the range of 8.5% to 7.7% decline, providing a clearer view of management’s current outlook for the year (Corporate Guidance).
Narrative Update Jan 20

SG: Slower Revenue Outlook And Lower P/E Will Restrain Upside

Analysts have reduced their price target on Sweetgreen to US$5 from US$10, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that point to a more conservative outlook on the shares. What's in the News Sweetgreen updated its fiscal 2025 guidance, projecting revenue of US$682 million to US$688 million and a Same Store Sales Change of 8.5% to 7.7% (Corporate guidance).
Narrative Update Jan 05

SG: Infinite Kitchen Automation Will Support Long Term Upside

Analysts have lowered their price target on Sweetgreen to about $8.06, citing slightly revised assumptions for the discount rate, revenue growth, profit margin, and future P/E multiples, which together reflect a modest adjustment to their estimate of fair value. What's in the News Sweetgreen updated its fiscal 2025 guidance, projecting revenue of $682m to $688m and a Same Store Sales Change range of 8.5% to 7.7% decline, providing clearer visibility into management’s current expectations for the year.
Narrative Update Dec 18

SG: Automation And High Protein Menu Will Drive Long Term Upside

Analysts have modestly raised their price target on Sweetgreen by approximately 1 percent, citing slightly higher fair value estimates and an improved outlook for future earnings multiples, despite only marginal changes to growth and margin assumptions. What's in the News Launched the limited time 'Tis the Seasoned $10 Harvest Bowl with Blackened Chicken nationwide, offering 37 grams of protein and exclusive early access for SG Rewards members via the Sweetgreen app (Key Developments).
Narrative Update Dec 04

SG: Nationwide Expansion And Automation Will Drive Stronger Long Term Upside

Analysts have slightly raised their price target on Sweetgreen by refining the discount rate and future P/E assumptions, now seeing modestly improved risk-adjusted upside despite largely unchanged views on revenue growth and profit margins. What's in the News Entering the Sacramento market with two new restaurants in Midtown and Fair Oaks + Howe, extending Sweetgreen's nationwide footprint and SG Rewards ecosystem (Business Expansions) Opening the first Infinite Kitchen sweetlane location in Costa Mesa, combining automation with a drive-up lane to streamline digital order pickup and expand digitally enabled sales (Business Expansions) Rolling out a new macronutrient tracking tool and in-app macro calculator, giving guests real time visibility into protein, carb, and fat content and supporting more personalized nutrition goals (Product Related Announcements) Launching the Power Max Protein Bowl with 106g of protein and new Caramelized Garlic Steak dishes, reinforcing the shift toward more protein forward, performance oriented menu choices (Product Related Announcements) Updating 2025 guidance to revenue of $682 million to $688 million, with same store sales expected to decline between 8.5% and 7.7% (Corporate Guidance) Valuation Changes Fair Value: Unchanged at 8.23, indicating no material shift in the intrinsic value estimate.
Narrative Update Nov 19

SG: New CFO Appointment and Digital Expansion Will Drive Positive 2025 Momentum

Analysts have lowered their price target for Sweetgreen from $11.46 to $8.23 per share, citing reduced revenue growth expectations and a slightly higher discount rate as key factors behind the updated valuation. What's in the News Sweetgreen unveiled a record-setting 106g Power Max Protein Bowl and two new Caramelized Garlic Steak entrées, expanding its high-protein offerings and emphasizing culinary-led innovation.
Analysis Article Nov 11

Sweetgreen, Inc. (NYSE:SG) Looks Inexpensive After Falling 28% But Perhaps Not Attractive Enough

To the annoyance of some shareholders, Sweetgreen, Inc. ( NYSE:SG ) shares are down a considerable 28% in the last...
Narrative Update Nov 05

SG: New Openings and CFO Transition Will Shape 2025 Performance Outlook

Analysts have revised their price target for Sweetgreen downward from $12.38 to $11.46. They cite slightly softer revenue growth expectations and a modestly lower fair value estimate as reasons for the change.
Narrative Update Oct 22

Analysts Lower Sweetgreen Price Target Amid Executive Changes and Expansion Announcements

Analysts have lowered their price target for Sweetgreen from $13.13 to $12.38, citing slight adjustments in discounted cash flow model assumptions and updated profit margin forecasts. What's in the News Sweetgreen is collaborating with Katz's Delicatessen for a special "LES Pastrami Salad" event at its new Lower East Side, NYC location on October 18.
Analysis Article Oct 17

Here's Why We're Watching Sweetgreen's (NYSE:SG) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Narrative Update Oct 08

Infinite Kitchen Rollout Will Improve Operational Efficiency And Customer Loyalty

Analysts have lowered their price target for Sweetgreen from $14.00 to $13.13. They cite slightly reduced revenue growth expectations and modest decreases in profit margin forecasts.
Analysis Article Sep 07

The Price Is Right For Sweetgreen, Inc. (NYSE:SG) Even After Diving 28%

Unfortunately for some shareholders, the Sweetgreen, Inc. ( NYSE:SG ) share price has dived 28% in the last thirty...
Narrative Update Aug 10

Infinite Kitchen Rollout Will Improve Operational Efficiency And Customer Loyalty

Sweetgreen’s consensus price target has been revised downward as analysts now expect slower revenue growth and a lower future P/E, resulting in a reduced fair value estimate of $14.00. What's in the News Sweetgreen updated its 2025 earnings guidance, projecting revenue between $700 million and $715 million and a same-store sales decline of (6)% to (4)%.
Analysis Article Jul 24

Sweetgreen, Inc.'s (NYSE:SG) 27% Jump Shows Its Popularity With Investors

Sweetgreen, Inc. ( NYSE:SG ) shareholders are no doubt pleased to see that the share price has bounced 27% in the last...
Analysis Article Apr 26

With A 27% Price Drop For Sweetgreen, Inc. (NYSE:SG) You'll Still Get What You Pay For

Unfortunately for some shareholders, the Sweetgreen, Inc. ( NYSE:SG ) share price has dived 27% in the last thirty...
User avatar
New Narrative Mar 21

Infinite Kitchen Expansion And SG Rewards Will Boost Customer Engagement In 2025

Strategic expansion with Infinite Kitchen and menu innovations may boost revenue, efficiency, and brand loyalty.
Analysis Article Feb 28

With A 27% Price Drop For Sweetgreen, Inc. (NYSE:SG) You'll Still Get What You Pay For

Unfortunately for some shareholders, the Sweetgreen, Inc. ( NYSE:SG ) share price has dived 27% in the last thirty...

CEO Compensation Analysis

How has Jonathan Neman's remuneration changed compared to Sweetgreen's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 29 2026n/an/a

US$17m

Dec 28 2025US$3mUS$550k

-US$134m

Sep 28 2025n/an/a

-US$113m

Jun 29 2025n/an/a

-US$98m

Mar 30 2025n/an/a

-US$89m

Dec 29 2024US$911kUS$542k

-US$90m

Sep 29 2024n/an/a

-US$89m

Jun 30 2024n/an/a

-US$93m

Mar 31 2024n/an/a

-US$106m

Dec 31 2023US$623kUS$462k

-US$113m

Sep 24 2023n/an/a

-US$135m

Jun 25 2023n/an/a

-US$161m

Mar 26 2023n/an/a

-US$174m

Dec 25 2022US$350kUS$350k

-US$190m

Sep 25 2022n/an/a

-US$207m

Jun 26 2022n/an/a

-US$186m

Mar 27 2022n/an/a

-US$173m

Dec 26 2021US$39mUS$350k

-US$153m

Sep 26 2021n/an/a

-US$128m

Jun 27 2021n/an/a

-US$135m

Mar 28 2021n/an/a

-US$140m

Dec 27 2020US$598kUS$303k

-US$141m

Compensation vs Market: Jonathan's total compensation ($USD3.23M) is about average for companies of similar size in the US market ($USD3.54M).

Compensation vs Earnings: Jonathan's compensation has been consistent with company performance over the past year.


CEO

Jonathan Neman (40 yo)

8.6yrs
Tenure
US$3,226,081
Compensation

Mr. Jonathan Neman is Co-Founder and Chairman of Sweetgreen, Inc. and serves as President since February 2018 and Chief Executive Officer since December 2017. Mr. Neman has served as a member of board of d...


Leadership Team

NamePositionTenureCompensationOwnership
Jonathan Neman
Co-Founder8.6yrsUS$3.23m4.81%
$ 50.1m
Nicolas Jammet
Co-Founder5.6yrsUS$375.14k3.45%
$ 36.0m
Nathaniel Ru
Co-Founder & Directorno datano data3.35%
$ 34.9m
Jamie McConnell
CFO & Treasurerless than a yearUS$2.43m0.0021%
$ 21.5k
Jason Cochran
Chief Operating Officer1.2yrsUS$4.49m0.022%
$ 230.7k
Wouleta Ayele
Chief Technology Officer4.9yrsUS$1.51mno data
Rebecca Nounou
Head of Investor Relationsno datano datano data
Matthew Alexander
Chief Legal Officerno datano datano data
Adrienne Gemperle
Chief People Officer6yrsUS$1.39mno data
Chad Brauze
Head of Culinary2.9yrsno datano data
Timothy Noonan
Senior Vice President of Development2.6yrsno datano data
Zipporah Allen
Chief Commercial Officerless than a yearno datano data
2.9yrs
Average Tenure
49.5yo
Average Age

Experienced Management: SG's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jonathan Neman
Co-Founder16.8yrsUS$3.23m4.81%
$ 50.1m
Nicolas Jammet
Co-Founder16.8yrsUS$375.14k3.45%
$ 36.0m
Nathaniel Ru
Co-Founder & Director16.8yrsno data3.35%
$ 34.9m
Bradley Singer
Independent Director5.5yrsUS$252.12k0.15%
$ 1.6m
Clifford Burrows
Lead Independent Director6.1yrsUS$267.12k0.12%
$ 1.2m
Montgomery Moran
Independent Director1.1yrsUS$232.12k0.066%
$ 682.9k
Julie Bornstein
Independent Director5.2yrsUS$232.12k0.059%
$ 618.4k
Neil Blumenthal
Independent Director8.3yrsUS$232.12k0.10%
$ 1.1m
Dawn Tarnofsky-Ostroff
Independent Director1.1yrsUS$242.12k0.032%
$ 332.1k
6.1yrs
Average Tenure
56yo
Average Age

Experienced Board: SG's board of directors are considered experienced (6.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 21:37
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/29
Annual Earnings2025/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sweetgreen, Inc. is covered by 22 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey BernsteinBarclays
Stephen McManusBNP Paribas
Sara SenatoreBofA Global Research