Sweetgreen Turnaround Prospect Amid Consumer Caution

2 months ago

Host

"Finally, sweet green ticker, SGA, 9%. Remember when we were doing stock? They said consumers were pulling back. They didn't want to spend as much on their pricey salads. They're moving to affordable options. But Citi analysts say that things are going to turn around when the government shutdown ends. So they say when that ends, people are going to spend more on the pricey salad."

The commentary on Sweetgreen (SGA) notes a recent consumer pullback in spending on pricey salads, while Citi analysts forecast a turnaround once the government shutdown ends, implying potential near-term improvement.

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