Sweetgreen's turnaround was taking hold—then came cyclosporiasis -- analysts

Sweetgreen's (SG) operational turnaround, marked by improving comparable transactions and stabilized promotional pricing, was interrupted by a cyclosporiasis outbreak. Prior to the outbreak, comp sales improved significantly from Q1 lows, supported by new menu items.

Sweetgreen’s (SG) efforts to improve traffic and rein in promotional pricing were showing signs of progress before the cyclosporiasis outbreak upended the restaurant industry. Comparable transactions improved from the first quarter (-11.2% in Q1 to -3% in both April and May and flat in June) supported by the national launch of wraps and early progr...