Sweetgreen stock price recently touched $16

Sweetgreen stock price recently touched $16.30 ahead of the quarterly investor update. Options activity indicates a higher number of call contracts, signaling bullish sentiment from short-term market participants. But the company has struggled to translate some of its Midwestern success to other markets, as plans for expansion in states like Texas don’t quite yield the sales its enormous restaurants require. It also projects negative same-store sales for the full year, estimating declines of between 4% and 6%, down from its original outlook of single-digit growth. Restaurant-level profit margin for 2025 is expected to be 200 basis points lower than Sweetgreen's latest outlook in May. That includes a 40 basis-point hit due to the effect of tariffs. Sweetgreen stock price remains volatile but biased upward, with day traders eyeing the $16.75 resistance zone. Dividend-seeking investors remain on the sidelines as Sweetgreen focuses on reinvestment for growth rather than payouts.