Sweetgreen Stock Surges on Soaring Salad Sales

Sweetgreen Stock Surges on Soaring Salad Sales·The Wall Street Journal
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Sweetgreen shares soared after the company raised its revenue targets and reported healthy demand for salads and protein in the second quarter. The salad restaurant chain said late Thursday that a combination of new restaurant openings, higher prices and increased traffic drove sales up last quarter. Sweetgreen’s margins are also getting a boost as it rolls out automated kitchen technologies at more of its restaurants.

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