Sweetgreen saw its customer traffic pick up two percent in the first quarter, helping it achieve a five percent gain in same-store sales. The chain posted a loss of 30 cents a share, better than the 35-cent loss expected by analysts, as the company moves closer to turning a profit. Margins improved by one percent in the quarter.
View Original Article
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry.
https://retailwire.com/
Do you like RetailWire's articles? Follow on social!