Sweetgreen, Inc. Provides Revenue Guidance for the First Quarter and Full Year of Fiscal 2022
March 03, 2022 at 04:05 pm EST
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Sweetgreen, Inc. provided revenue guidance for the first quarter and full year of fiscal 2022. For the quarter, the company expects revenue ranging from $100 million to $102 million.
For the year, the company expects revenue ranging from $515 million to $535 million.
Sweetgreen, Inc. is a restaurant company. The Company, along with its subsidiaries, is engaged in developing a restaurant and lifestyle brand that serves healthy food at scale. It owns and operates approximately 221 restaurants in 18 states and Washington, D.C. It 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. It 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.