◆ NeutralSGPEP

Sweetgreen (SG) Stock Costs Less Than $11 a Share. Here's Why I'd Still Not Buy It.

The Motley Fool·
Sweetgreen (SG) Stock Costs Less Than $11 a Share. Here's Why I'd Still Not Buy It.

Despite Sweetgreen's stock trading below $11 per share, the author advises caution due to the company's ongoing struggles. While the company posted a 3.8% revenue increase to $197 million in Q2, same-store sales declined 6.2% and operating losses widened. The author recommends waiting for profitability before investing, noting that a low share price alone doesn't indicate a good investment opportunity.

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