Are GLP-1 products even boosting the business of the Sweet Green restaurant chain?
GLP-1 products are on everyone's lips. What could be the result? Eating habits are changing and more healthy salads and bowls are in demand. Sweet Green is benefiting! With its Infinite Kitchen, Sweet Green is focusing on robot-based food preparation. This is the future and will lead to cost and competitive advantages! GLP-1 products are on everyone's lips for losing 10 - 20 % of weight within a short period of time. According to UBS, around 40 million people could be using these products by the end of the decade. Companies such as Hims&Hers...
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- GLP-1 products are on everyone\'s lips. What could be the result? Eating habits are changing and more healthy salads and bowls are in demand. Sweet Green is benefiting!
- With its Infinite Kitchen, Sweet Green is focusing on robot-based food preparation. This is the future and will lead to cost and competitive advantages!
GLP-1 products are on everyone\'s lips for losing 10 - 20 % of weight within a short period of time. According to UBS, around 40 million people could be using these products by the end of the decade. Companies such as Hims&Hers want to offer compounded GLP-1 injections at a monthly cost starting at $199. The costs would fall significantly, thus increasing the use of the preparations. However, experts note that this also results in a change in dietary behavior. The desire for sweets and fast food is decreasing. Instead, a "light" diet is preferred. The result.
A restaurant chain such as Sweet Green (SG), which specializes in salads and bowls, could even benefit in the medium term from the hype surrounding GLP-1 products due to a change in eating habits. With the "Infinite Kitchen", they are relying on robot-based automation of the production process to save costs and staff. It will probably be possible to produce - up to 500 bowls per hour. This puts the Group at the intersection of two megatrends. The company is still operating at a loss, especially as it has to push ahead with expansion and invest in robot automation. Annual growth at the locations is expected to be 15-20%. However, revenue is already expected to increase from USD 660 to 675 million this year to USD 931.5 million by 2026 thanks to the rapid expansion. Earnings will follow later.
In terms of the chart, the share would be interesting for traders if it breaks out at€ 34.
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