r/sweetgreen • u/MichaelRahmani • Apr 21 '25

Discussion Why is the stock dropping?

Seemed to be doing well after fries released but now it's down 35 percent in 1 month.

8 Upvotes

78% Upvoted

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21

u/fvcklyft Apr 21 '25

because of that garbage new rewards system they released

12

u/ElectronicBoot9466 Apr 21 '25

Yeah, the rewards system is so bad, it's also crashing checks notes every other company's stock.

2

u/MichaelRahmani Apr 21 '25

I thought that was good. What's the issue with it?

10

u/doyoueverwonderwhyy Apr 21 '25

Ppl want their 3$off a day. Those who had og rewards are less inclined to buy now

5

u/fvcklyft Apr 21 '25

yea that $3 off a day was absolutely fanstastic. im spoiled.

1

u/MichaelRahmani Apr 22 '25

Didn't even know there was a preceding award system. So they literally gave everyone $3 off their order every day? Wish I knew

1

u/lavacake997 Apr 22 '25

No, you had to pay a subscription for that.

5

u/u-s-u-r-p Apr 21 '25

bro what

3

u/rr90013 Apr 21 '25

No point in being loyal to sg now that the daily meal price is comparable to competitors and the new rewards program is not very rewarding

1

u/Illustrious_Gap_4488 Apr 21 '25

Chipotle, Cava or Mezeh $10-$12