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Sweetgreen cools off after earnings miss, Goldman Sachs downgrade

Sweetgreen Restaurant

bgwalker/iStock Unreleased via Getty Images

Sweetgreen (NYSE:SG) fell in early trading after falling short of estimates with its Q3 earnings report. Revenue was up 13.1% year-over-year to $173.4 million during the quarter, as same-store sales growth of 6% factored in. However, analysts were looking for a revenue tally of over $175 million.

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