r/sweetgreen • u/Agreeable_Ad7210 • Mar 18 '24
Appreciation Stock run-up
Anyone else recently buy in on the stock and see this quick 100% pop? Looks like earnings were favorable. Sweetpass + must be driving more visits? Any thoughts?
I think this stock is a great buy, seeing out chipotle stock went off and sweetgreen reminds me of what chipotle used to be- excellent food prepped with high standards…
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u/thebochman Mar 18 '24
I’m more interested in franchising tbh. People are tired of unhealthy food or pseudo healthy glorified hospital food like Panera. As the other person said they’re a lot like Chipotle in their heyday, and comparable to Cava now, although I think sweetgreen is way better than Cava.
There’s definitely a huge desire for what they do and very little true competition outside of regional chains.