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Sweetgreen Offers Healthy Fast Food With Digital Innovation and Clear Growth Prospects. Wells Fargo Starts With Overweight and Sees Nearly 50% Upside Potential.

S. Bank
Reading Time: 2 minutes

Sweetgreen (SG) positions itself as a health-oriented fast-food chain focusing on fresh, functional dishes. The company relies on digital innovation (e.g., Infinite Kitchens and Sweetlane Drive-Thrus) to improve efficiency and guest experience. Sweetgreen strongly emphasizes digitalization and automation. Sweetgreen aims to redefine fast food and establish itself as a relevant lifestyle brand. In Q1, revenue reached $166.3 million – a decline of comparable sales by 3.1%. New restaurants and the regions of Texas, Colorado, and the Upper Midwest...

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