Sweetgreen (SG) Continues to Expand Through New Restaurant Openings

Sweetgreen, Inc. (NYSE:SG) is one of the 13 Best Fast Food Stocks to Buy. On December 14, TipRanks reported that RBC Capital analyst Logan Reich reiterated a Buy rating on Sweetgreen, Inc. (NYSE:SG) with a price target of $8.

In other news, on December 2, Sweetgreen, Inc. (NYSE:SG) announced the launch of its first locations in Sacramento with two new spots opening in December. This strategic move marks the company’s entry into the Sacramento market and also builds on the company’s expansion around the country. Sweetgreen, Inc.’s (NYSE:SG) first location opened in Midtown, which will be followed by a second location at Fair Oaks + Howe.

The first Midtown restaurant has space for 20 people inside and 14 on the patio. According to the report by Sweetgreen, Inc. (NYSE:SG), customers can order in, online, or through the Sweetgreen app, which offers SG Rewards and allows members to get 10 points per eligible dollar spent to unlock perks, exclusive deals, and free items.

A second location at Fair Oaks + Howe will also boost Sweetgreen, Inc.’s (NYSE:SG) presence in the Sacramento market. In its Q3 2025 earnings, the company updated its guidance for fiscal year 2025 to 37 net new restaurant openings.

Looking further ahead, Sweetgreen, Inc. (NYSE:SG) expects 15 to 20 net new restaurant openings in fiscal year 2026.

Sweetgreen, Inc. (NYSE:SG) is a fast food company that operates a restaurant chain. It is known for its healthy salads and grain bowls made with fresh and seasonal ingredients.

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Disclosure: None. This article is originally published at Insider Monkey.