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Sweetgreen ( (SG) ) has issued an update.
On September 4, 2025, Sweetgreen announced the retirement of Mitch Reback as Chief Financial Officer, effective September 21, 2025, and the appointment of Jamie McConnell as his successor, effective September 22, 2025. McConnell, who brings over 20 years of financial leadership experience, will oversee Sweetgreen’s finance department and report directly to CEO Jonathan Neman. Reback, who has been with Sweetgreen since 2015, will continue in an advisory role for six months to ensure a smooth transition. This leadership change is expected to support Sweetgreen’s ongoing growth and strengthen its financial foundation for long-term profitability.
The most recent analyst rating on (SG) stock is a Hold with a $9.50 price target. To see the full list of analyst forecasts on Sweetgreen stock, see the SG Stock Forecast page.
Spark’s Take on SG Stock
According to Spark, TipRanks’ AI Analyst, SG is a Neutral.
Sweetgreen’s overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability and cash flow challenges. Technical analysis indicates bearish momentum, and valuation metrics are weak due to ongoing losses. The earnings call provided some positive insights, but these are overshadowed by declining same-store sales and market challenges.
To see Spark’s full report on SG stock, click here.
More about Sweetgreen
Sweetgreen (NYSE: SG) is a mission-driven restaurant brand focused on connecting people to real food. Since its inception in 2007, the company has reimagined fast food by emphasizing fresh, flavorful meals built on relationships with local farmers. Sweetgreen operates over 260 locations nationwide, offering seasonal, chef-crafted menus that aim to build healthier communities.
Average Trading Volume: 5,803,178
Technical Sentiment Signal: Sell
Current Market Cap: $1.04B
For a thorough assessment of SG stock, go to TipRanks’ Stock Analysis page.