Why Is Restaurant Company Sweetgreen Stock Surging Today?
Why Is Restaurant Company Sweetgreen Stock Surging Today?
Total digital revenue accounted for 56% of sales, with owned digital revenue making up 31%, compared to 59% and 37%, respectively, in the previous year.Sweetgreen, Inc. (NYSE:SG) shares are trading higher after the company reported better-than-expected second-quarter FY24 revenue results yesterday.
昨天，Sweetgreen, Inc. (紐交所:SG)發佈的2024財年第二季度營業收入超出市場預期，導致股價上漲。
Revenue upped 21% Y/Y to $184.6 million, beating the consensus of $180.78 million, driven mainly by an additional $18.2 million from 36 net new restaurant openings during or after last year's corresponding quarter.
營業收入同比增長21%至184.6百萬美元，超出分析師預期的180.78百萬美元。這主要受到去年同期後期新增36家餐廳帶來的額外支出182百萬美元的推動。
Same-store sales rose 9% Y/Y, driven by a 5% boost from menu price increases implemented after the thirteen weeks ending June 25, 2023, and a 4% increase from higher traffic and a favorable product mix. Average unit volume (AUV), as adjusted, stood at $2.9 million.
同店銷售同比增長了9%，其中5%通過在2023年6月25日結束後實施的菜單漲價獲得，4%來自於流量增加以及有利的產品組合。平均單位成交量（AUV）經調整後爲290百萬美元。
Total digital revenue accounted for 56% of sales, with owned digital revenue making up 31%, compared to 59% and 37%, respectively, in the previous year.
總的數字營收佔銷售額的56％，自有數字營收佔31％，而去年則分別爲59％和37％。
Restaurant-level profit stood at $41.5 million, with a margin of 22%, up from $31.1 million and a 20% margin in the prior year.
餐廳水平利潤爲4150百萬美元，利潤率爲22％，上年度爲3110百萬美元和20%的利潤率。
Adjusted EBITDA came in at $12.4 million vs. $3.3 million in the prior year, with a margin of 7%, up from 2% the previous year. The company reported EPS loss of $0.13, missing the street view of $0.12 loss.
調整後的EBITDA爲1240百萬美元，而去年同期爲330百萬美元，利潤率從上年的2％上升到7％。公司公佈的每股收益爲0.13美元，低於預期的0.12美元的虧損。
Jonathan Neman, Co-Founder and Chief Executive Officer, said, "We continue to open successful new restaurants across the country and our new Caramelized Garlic Steak has quickly become a customer favorite. Sweetgreen's expanding menu is hitting the mark with customers, delivering on craveability, quality and value."
該公司的聯合創始人兼首席執行官Jonathan Neman表示：「我們繼續在全國範圍內開設成功的新餐廳，而且我們的新產品焦糖蒜牛排迅速成爲了顧客的最愛。Sweetgreen擴大的菜單滿足了顧客的需求，提供了可口、優質和大衆化的產品。」
Mitch Reback, Chief Financial Officer, stated, "Despite a heightened uncertain economic backdrop for the consumer, we are raising our guidance for 2024 given our results during the first half of the year."
首席財務官Mitch Reback表示:「儘管消費者面臨不確定的經濟形勢，但鑑於我們今年上半年的業績，我們將提高2024年指導將提高到6.7億至6.8億美元，同店銷售增長爲5%-7％」。
Outlook: For FY24, the company raised revenue guidance to $670 million – $680 million (vs. $660 million – $675 million) vs. street view of $674.248 million and same-store sales growth to 5% – 7% (from 4% – 6% prior).
展望：全年財季，該公司將其營收指引提高到6.7億至 6.8億美元（原先爲6.6億至6.75億美元），同店銷售增長爲5％到7％（原先爲4％至6％）。
Sweetgreen now projects new restaurant openings of 24 – 26 (vs. 23 – 27 expected earlier), a restaurant-level profit margin of 19% – 20% (vs. 18.5% – 20% prior), and adjusted EBITDA of $16 million – $19 million (vs. $10 million – $19 million earlier).
Sweetgreen現在預計新的餐廳開業24-26家（之前預計爲23-27家），餐廳水平利潤率爲19％-20％（之前爲18.5％-20％），調整後的EBITDA爲1600萬美元-1.9億美元（較之前的1億美元-1.9億美元有所提高）。
Investors can gain exposure to the stock via AdvisorShares Restaurant ETF (NYSE:EATZ) and Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ).
投資者可以通過AdvisorShares Restaurant ETF (NYSE:EATZ) 和景順多西賽爾瓦德消費循環動量ETF (納斯達克:PEZ)購買Sweetgreen的股票。
Price Action: SG shares are up 26% at $33.08 at the last check Friday.
截至上週五，Sweetgreen的股價已上漲26％，達到每股33.08美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
Photo via Shutterstock
圖片來自shutterstock。
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譯文內容由第三人軟體翻譯。