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Why Sweetgreen Stock Was Surging Today

TheMotleyFool

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Why Sweetgreen Stock Was Surging Today: https://g.foolcdn.com/editorial/images/767628/breakfast-salad-eggs-avocado-meals.jpg

Shares of Sweetgreen (NYSE: SG) popped Friday morning after the fast-casual salad specialist posted strong results in its fourth-quarter report.

The company beat revenue estimates, made progress on the bottom line, and offered first-quarter guidance that was better than the analysts' consensus view. As of noon ET, the stock was up 30.3%.

Image source: Getty Images.

Source Fool.com

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