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2021-11-19
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Sweetgreen Shares Nearly Double in Markets Debut<blockquote>Sweetgreen股价首次上市几乎翻倍</blockquote>
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Thank you.","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/876199095","repostId":1132517179,"repostType":4,"repost":{"id":"1132517179","kind":"news","pubTimestamp":1637278980,"share":"https://www.laohu8.com/m/news/1132517179?lang=zh_CN&edition=full","pubTime":"2021-11-19 07:43","market":"us","language":"en","title":"Sweetgreen Shares Nearly Double in Markets Debut<blockquote>Sweetgreen股价首次上市几乎翻倍</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1132517179","media":"WSJ","summary":"Sweetgreen Inc. shares jumped 77% in their market debut Thursday, the latest new offering to surge o","content":"<p>Sweetgreen Inc. shares jumped 77% in their market debut Thursday, the latest new offering to surge on its first day of trading.</p><p><blockquote>Sweetgreen Inc.股价周四首次上市时上涨77%,这是最新一家在首日交易中飙升的新股。</blockquote></p><p> Shares of the salad chain closed at $49.50, valuing Sweetgreen—which isn’t profitable—at more than $6 billion on a fully diluted basis. Sweetgreen joins electric-truck makerRivian AutomotiveInc.,sneaker makerAllbirdsInc.and software makerBrazeInc.in producing big gains on their first day of trading this month.</p><p><blockquote>这家沙拉连锁店的股价收于49.50美元,完全稀释后对尚未盈利的Sweetgreen的估值超过60亿美元。Sweetgreen加入了电动卡车制造商Rivian Automotive Inc.、运动鞋制造商AllbirdsInc.和软件制造商BrazeInc.的行列,在本月交易的第一天就获得了巨大收益。</blockquote></p><p> Sweetgreen co-founder and Chief Executive Jonathan Neman said Thursday that Sweetgreen intends to use much of the new investment to open new U.S. locations. “The major focus is continuing to expand our footprint into as many communities as possible,” he said in an interview.</p><p><blockquote>Sweetgreen联合创始人兼首席执行官Jonathan Neman周四表示,Sweetgreen打算将大部分新投资用于在美国开设新的分店。“主要重点是继续将我们的足迹扩展到尽可能多的社区,”他在接受采访时表示。</blockquote></p><p> Founded in 2007 by three 22-year-olds, Sweetgreen is a fast-food restaurant brand with 140 restaurants across 13 states and Washington, D.C. The company has built a supply chain around more than 200 domestic food partners, such as bakers and farmers, to source its ingredients.</p><p><blockquote>Sweetgreen于2007年由三名22岁的年轻人创立,是一个快餐店品牌,在13个州和华盛顿特区拥有140家餐厅。该公司围绕面包师和农民等200多家国内食品合作伙伴建立了供应链,以采购其原料。</blockquote></p><p> The company is coming public as the competitive restaurant industry continues to feel the disruptions caused by the Covid-19 pandemic. The pandemic has rattled supply chains, raised labor and product costs, and kept people out of offices, akey source of trafficat Sweetgreen’s urban locations during lunch hours.</p><p><blockquote>该公司上市之际,竞争激烈的餐饮业继续感受到Covid-19大流行造成的干扰。疫情扰乱了供应链,提高了劳动力和产品成本,并使人们远离办公室,而办公室是Sweetgreen市区午餐时间的主要交通来源。</blockquote></p><p> Sweetgreen’s profit margins and average sales per restaurant took a hit during the pandemic, the company’s pre-IPO filing showed. The chain reported a restaurant-level profit margin of 12% this year through Sept. 26, down from 16% in 2019.</p><p><blockquote>Sweetgreen的IPO前文件显示,在疫情期间,该公司的利润率和每家餐厅的平均销售额受到了打击。截至9月26日,该连锁餐厅的利润率为12%,低于2019年的16%。</blockquote></p><p> Mr. Neman said Sweetgreen is adding more stores in suburban areas, which have generally done better during the pandemic as more people worked from home. The company has invested in technology to help with its to-go and online sales.</p><p><blockquote>Neman先生表示,Sweetgreen正在郊区增加更多商店,随着越来越多的人在家工作,这些商店在疫情期间总体表现更好。本公司已在技术上投入资金,帮助其外卖及网上销售。</blockquote></p><p> “We really used the crisis in a lot of ways to reset,” he said.</p><p><blockquote>“我们确实在很多方面利用了这场危机来重置,”他说。</blockquote></p><p> Sweetgreen plans to open at least 30 company-owned restaurants in the U.S. this year, and roughly double its total number of locations over the next three to five years, it said in the filing.</p><p><blockquote>Sweetgreen在文件中表示,计划今年在美国开设至少30家公司所有餐厅,并在未来三到五年内将其餐厅总数增加一倍。</blockquote></p><p> Mr. Neman and co-founder Nathaniel Ru served as co-chief executives from 2009 through December 2017, when Mr. Neman took the helm solely. Mr. Ru serves aschief brand officer, while its third co-founder, Nicolas Jammet, is the company’s chief concept officer.</p><p><blockquote>Neman先生和联合创始人Nathaniel Ru在2009年至2017年12月期间担任联席首席执行官,当时Neman先生单独掌舵。茹先生担任首席品牌官,而其第三位联合创始人尼古拉斯·贾梅特(Nicolas Jammet)则担任公司首席概念官。</blockquote></p><p> Since the beginning of this year through to Sept. 26, Sweetgreen has generated revenue of $243.4 million. In comparison, the company had revenue of $274.2 million in 2019 and $220.6 million in 2020, hurt by pandemic-related disruptions.</p><p><blockquote>从今年年初到9月26日,Sweetgreen已经创造了2.434亿美元的收入。相比之下,该公司2019年的收入为2.742亿美元,2020年为2.206亿美元,受到大流行相关中断的影响。</blockquote></p><p> So far this year, the company posted a net loss of $87 million. In 2020, the company had a loss of $141.6 million.</p><p><blockquote>今年到目前为止,该公司净亏损8700万美元。2020年,该公司亏损1.416亿美元。</blockquote></p><p> For many restaurants during the pandemic, digital orders have become a key source of revenue and an important way to interact with customers. From the beginning of 2021 through to Sept. 26, Sweetgreen’s total digital revenue was 68% of its total revenue.</p><p><blockquote>对于疫情期间的许多餐厅来说,数字订单已经成为收入的关键来源和与顾客互动的重要方式。从2021年初到9月26日,Sweetgreen的数字总收入占其总收入的68%。</blockquote></p><p> Sales through its owned digital channels represented 43% and 56% of revenue in 2019 and 2020, increasing to 50% and 75%, respectively, when including orders placed through third-party delivery apps.</p><p><blockquote>2019年和2020年,通过其自有数字渠道的销售额占收入的43%和56%,如果包括通过第三方交付应用程序下的订单,则分别增至50%和75%。</blockquote></p><p> The stock opened Thursday at $52, above its better-than-expected initial-public-offering price of $28.</p><p><blockquote>该股周四开盘价为52美元,高于好于预期的28美元首次公开募股价格。</blockquote></p><p> Sweetgreen is expected to get $364 million in proceeds from its IPO. The company plans to spend the money raised on general corporate purposes, which include working capital, operating expenses and capital expenditures, as well as developing the technology acquired in its recent acquisition of robotic-powered fast-food restaurant, Spyce Food Co.</p><p><blockquote>Sweetgreen预计将从IPO中获得3.64亿美元的收益。该公司计划将筹集的资金用于一般企业用途,包括营运资金、运营费用和资本支出,以及开发最近收购机器人快餐店Spyce Food Co.时获得的技术。</blockquote></p><p> It said it might also use a portion to buy other complementary businesses or technologies, adding that it doesn’t currently have any targets.</p><p><blockquote>该公司表示,还可能用一部分购买其他互补业务或技术,并补充说目前没有任何目标。</blockquote></p><p> In mid-September of 2019, Sweetgreen got an injection of $150 million from investors, valuing it at the time of that funding round at $1.6 billion.</p><p><blockquote>2019年9月中旬,Sweetgreen获得了投资者1.5亿美元的注资,该轮融资时的估值为16亿美元。</blockquote></p><p> The top three stockholders of the company are entities affiliated with Fidelity Investments Inc.,T. Rowe Priceand Revolution Growth, respectively holding 13.4%, 10.6% and 7.8% before the IPO.</p><p><blockquote>该公司的前三大股东是富达投资公司的附属实体。Rowe Price和Revolution Growth在IPO前分别持股13.4%、10.6%和7.8%。</blockquote></p><p> Mr. Neman has a 2.6% stake but has 22.8% of the shareholders’ total voting power. Those percentages are set to drop to 2.3% and roughly 21.5% following the offering.</p><p><blockquote>尼曼先生拥有2.6%的股份,但拥有股东总投票权的22.8%。发行后,这些百分比将降至2.3%和约21.5%。</blockquote></p><p> Its directors include Neil Blumenthal, co-CEO of eyeglass maker Warby ParkerInc.,which also recently went public; America Online co-founder Stephen Case, who is also chief executive of investment firm Revolution; and Valerie Jarrett, a former senior adviser to President Barack Obama.</p><p><blockquote>其董事包括眼镜制造商Warby ParkerInc.的联合首席执行官尼尔·布卢门撒尔(Neil Blumenthal),该公司最近也上市了;美国在线联合创始人斯蒂芬·凯斯(Stephen Case),也是投资公司Revolution的首席执行官;以及巴拉克·奥巴马总统的前高级顾问瓦莱丽·贾勒特。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sweetgreen Shares Nearly Double in Markets Debut<blockquote>Sweetgreen股价首次上市几乎翻倍</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSweetgreen Shares Nearly Double in Markets Debut<blockquote>Sweetgreen股价首次上市几乎翻倍</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">WSJ</strong><span class=\"h-time small\">2021-11-19 07:43</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Sweetgreen Inc. shares jumped 77% in their market debut Thursday, the latest new offering to surge on its first day of trading.</p><p><blockquote>Sweetgreen Inc.股价周四首次上市时上涨77%,这是最新一家在首日交易中飙升的新股。</blockquote></p><p> Shares of the salad chain closed at $49.50, valuing Sweetgreen—which isn’t profitable—at more than $6 billion on a fully diluted basis. Sweetgreen joins electric-truck makerRivian AutomotiveInc.,sneaker makerAllbirdsInc.and software makerBrazeInc.in producing big gains on their first day of trading this month.</p><p><blockquote>这家沙拉连锁店的股价收于49.50美元,完全稀释后对尚未盈利的Sweetgreen的估值超过60亿美元。Sweetgreen加入了电动卡车制造商Rivian Automotive Inc.、运动鞋制造商AllbirdsInc.和软件制造商BrazeInc.的行列,在本月交易的第一天就获得了巨大收益。</blockquote></p><p> Sweetgreen co-founder and Chief Executive Jonathan Neman said Thursday that Sweetgreen intends to use much of the new investment to open new U.S. locations. “The major focus is continuing to expand our footprint into as many communities as possible,” he said in an interview.</p><p><blockquote>Sweetgreen联合创始人兼首席执行官Jonathan Neman周四表示,Sweetgreen打算将大部分新投资用于在美国开设新的分店。“主要重点是继续将我们的足迹扩展到尽可能多的社区,”他在接受采访时表示。</blockquote></p><p> Founded in 2007 by three 22-year-olds, Sweetgreen is a fast-food restaurant brand with 140 restaurants across 13 states and Washington, D.C. The company has built a supply chain around more than 200 domestic food partners, such as bakers and farmers, to source its ingredients.</p><p><blockquote>Sweetgreen于2007年由三名22岁的年轻人创立,是一个快餐店品牌,在13个州和华盛顿特区拥有140家餐厅。该公司围绕面包师和农民等200多家国内食品合作伙伴建立了供应链,以采购其原料。</blockquote></p><p> The company is coming public as the competitive restaurant industry continues to feel the disruptions caused by the Covid-19 pandemic. The pandemic has rattled supply chains, raised labor and product costs, and kept people out of offices, akey source of trafficat Sweetgreen’s urban locations during lunch hours.</p><p><blockquote>该公司上市之际,竞争激烈的餐饮业继续感受到Covid-19大流行造成的干扰。疫情扰乱了供应链,提高了劳动力和产品成本,并使人们远离办公室,而办公室是Sweetgreen市区午餐时间的主要交通来源。</blockquote></p><p> Sweetgreen’s profit margins and average sales per restaurant took a hit during the pandemic, the company’s pre-IPO filing showed. The chain reported a restaurant-level profit margin of 12% this year through Sept. 26, down from 16% in 2019.</p><p><blockquote>Sweetgreen的IPO前文件显示,在疫情期间,该公司的利润率和每家餐厅的平均销售额受到了打击。截至9月26日,该连锁餐厅的利润率为12%,低于2019年的16%。</blockquote></p><p> Mr. Neman said Sweetgreen is adding more stores in suburban areas, which have generally done better during the pandemic as more people worked from home. The company has invested in technology to help with its to-go and online sales.</p><p><blockquote>Neman先生表示,Sweetgreen正在郊区增加更多商店,随着越来越多的人在家工作,这些商店在疫情期间总体表现更好。本公司已在技术上投入资金,帮助其外卖及网上销售。</blockquote></p><p> “We really used the crisis in a lot of ways to reset,” he said.</p><p><blockquote>“我们确实在很多方面利用了这场危机来重置,”他说。</blockquote></p><p> Sweetgreen plans to open at least 30 company-owned restaurants in the U.S. this year, and roughly double its total number of locations over the next three to five years, it said in the filing.</p><p><blockquote>Sweetgreen在文件中表示,计划今年在美国开设至少30家公司所有餐厅,并在未来三到五年内将其餐厅总数增加一倍。</blockquote></p><p> Mr. Neman and co-founder Nathaniel Ru served as co-chief executives from 2009 through December 2017, when Mr. Neman took the helm solely. Mr. Ru serves aschief brand officer, while its third co-founder, Nicolas Jammet, is the company’s chief concept officer.</p><p><blockquote>Neman先生和联合创始人Nathaniel Ru在2009年至2017年12月期间担任联席首席执行官,当时Neman先生单独掌舵。茹先生担任首席品牌官,而其第三位联合创始人尼古拉斯·贾梅特(Nicolas Jammet)则担任公司首席概念官。</blockquote></p><p> Since the beginning of this year through to Sept. 26, Sweetgreen has generated revenue of $243.4 million. In comparison, the company had revenue of $274.2 million in 2019 and $220.6 million in 2020, hurt by pandemic-related disruptions.</p><p><blockquote>从今年年初到9月26日,Sweetgreen已经创造了2.434亿美元的收入。相比之下,该公司2019年的收入为2.742亿美元,2020年为2.206亿美元,受到大流行相关中断的影响。</blockquote></p><p> So far this year, the company posted a net loss of $87 million. In 2020, the company had a loss of $141.6 million.</p><p><blockquote>今年到目前为止,该公司净亏损8700万美元。2020年,该公司亏损1.416亿美元。</blockquote></p><p> For many restaurants during the pandemic, digital orders have become a key source of revenue and an important way to interact with customers. From the beginning of 2021 through to Sept. 26, Sweetgreen’s total digital revenue was 68% of its total revenue.</p><p><blockquote>对于疫情期间的许多餐厅来说,数字订单已经成为收入的关键来源和与顾客互动的重要方式。从2021年初到9月26日,Sweetgreen的数字总收入占其总收入的68%。</blockquote></p><p> Sales through its owned digital channels represented 43% and 56% of revenue in 2019 and 2020, increasing to 50% and 75%, respectively, when including orders placed through third-party delivery apps.</p><p><blockquote>2019年和2020年,通过其自有数字渠道的销售额占收入的43%和56%,如果包括通过第三方交付应用程序下的订单,则分别增至50%和75%。</blockquote></p><p> The stock opened Thursday at $52, above its better-than-expected initial-public-offering price of $28.</p><p><blockquote>该股周四开盘价为52美元,高于好于预期的28美元首次公开募股价格。</blockquote></p><p> Sweetgreen is expected to get $364 million in proceeds from its IPO. The company plans to spend the money raised on general corporate purposes, which include working capital, operating expenses and capital expenditures, as well as developing the technology acquired in its recent acquisition of robotic-powered fast-food restaurant, Spyce Food Co.</p><p><blockquote>Sweetgreen预计将从IPO中获得3.64亿美元的收益。该公司计划将筹集的资金用于一般企业用途,包括营运资金、运营费用和资本支出,以及开发最近收购机器人快餐店Spyce Food Co.时获得的技术。</blockquote></p><p> It said it might also use a portion to buy other complementary businesses or technologies, adding that it doesn’t currently have any targets.</p><p><blockquote>该公司表示,还可能用一部分购买其他互补业务或技术,并补充说目前没有任何目标。</blockquote></p><p> In mid-September of 2019, Sweetgreen got an injection of $150 million from investors, valuing it at the time of that funding round at $1.6 billion.</p><p><blockquote>2019年9月中旬,Sweetgreen获得了投资者1.5亿美元的注资,该轮融资时的估值为16亿美元。</blockquote></p><p> The top three stockholders of the company are entities affiliated with Fidelity Investments Inc.,T. Rowe Priceand Revolution Growth, respectively holding 13.4%, 10.6% and 7.8% before the IPO.</p><p><blockquote>该公司的前三大股东是富达投资公司的附属实体。Rowe Price和Revolution Growth在IPO前分别持股13.4%、10.6%和7.8%。</blockquote></p><p> Mr. Neman has a 2.6% stake but has 22.8% of the shareholders’ total voting power. Those percentages are set to drop to 2.3% and roughly 21.5% following the offering.</p><p><blockquote>尼曼先生拥有2.6%的股份,但拥有股东总投票权的22.8%。发行后,这些百分比将降至2.3%和约21.5%。</blockquote></p><p> Its directors include Neil Blumenthal, co-CEO of eyeglass maker Warby ParkerInc.,which also recently went public; America Online co-founder Stephen Case, who is also chief executive of investment firm Revolution; and Valerie Jarrett, a former senior adviser to President Barack Obama.</p><p><blockquote>其董事包括眼镜制造商Warby ParkerInc.的联合首席执行官尼尔·布卢门撒尔(Neil Blumenthal),该公司最近也上市了;美国在线联合创始人斯蒂芬·凯斯(Stephen Case),也是投资公司Revolution的首席执行官;以及巴拉克·奥巴马总统的前高级顾问瓦莱丽·贾勒特。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://www.wsj.com/articles/sweetgreen-to-make-market-debut-after-upsized-ipo-11637245537\">WSJ</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG":"Sweetgreen, Inc."},"source_url":"https://www.wsj.com/articles/sweetgreen-to-make-market-debut-after-upsized-ipo-11637245537","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132517179","content_text":"Sweetgreen Inc. shares jumped 77% in their market debut Thursday, the latest new offering to surge on its first day of trading.\nShares of the salad chain closed at $49.50, valuing Sweetgreen—which isn’t profitable—at more than $6 billion on a fully diluted basis. Sweetgreen joins electric-truck makerRivian AutomotiveInc.,sneaker makerAllbirdsInc.and software makerBrazeInc.in producing big gains on their first day of trading this month.\nSweetgreen co-founder and Chief Executive Jonathan Neman said Thursday that Sweetgreen intends to use much of the new investment to open new U.S. locations. “The major focus is continuing to expand our footprint into as many communities as possible,” he said in an interview.\nFounded in 2007 by three 22-year-olds, Sweetgreen is a fast-food restaurant brand with 140 restaurants across 13 states and Washington, D.C. The company has built a supply chain around more than 200 domestic food partners, such as bakers and farmers, to source its ingredients.\nThe company is coming public as the competitive restaurant industry continues to feel the disruptions caused by the Covid-19 pandemic. The pandemic has rattled supply chains, raised labor and product costs, and kept people out of offices, akey source of trafficat Sweetgreen’s urban locations during lunch hours.\nSweetgreen’s profit margins and average sales per restaurant took a hit during the pandemic, the company’s pre-IPO filing showed. The chain reported a restaurant-level profit margin of 12% this year through Sept. 26, down from 16% in 2019.\nMr. Neman said Sweetgreen is adding more stores in suburban areas, which have generally done better during the pandemic as more people worked from home. The company has invested in technology to help with its to-go and online sales.\n“We really used the crisis in a lot of ways to reset,” he said.\nSweetgreen plans to open at least 30 company-owned restaurants in the U.S. this year, and roughly double its total number of locations over the next three to five years, it said in the filing.\nMr. Neman and co-founder Nathaniel Ru served as co-chief executives from 2009 through December 2017, when Mr. Neman took the helm solely. Mr. Ru serves aschief brand officer, while its third co-founder, Nicolas Jammet, is the company’s chief concept officer.\nSince the beginning of this year through to Sept. 26, Sweetgreen has generated revenue of $243.4 million. In comparison, the company had revenue of $274.2 million in 2019 and $220.6 million in 2020, hurt by pandemic-related disruptions.\nSo far this year, the company posted a net loss of $87 million. In 2020, the company had a loss of $141.6 million.\nFor many restaurants during the pandemic, digital orders have become a key source of revenue and an important way to interact with customers. From the beginning of 2021 through to Sept. 26, Sweetgreen’s total digital revenue was 68% of its total revenue.\nSales through its owned digital channels represented 43% and 56% of revenue in 2019 and 2020, increasing to 50% and 75%, respectively, when including orders placed through third-party delivery apps.\nThe stock opened Thursday at $52, above its better-than-expected initial-public-offering price of $28.\nSweetgreen is expected to get $364 million in proceeds from its IPO. The company plans to spend the money raised on general corporate purposes, which include working capital, operating expenses and capital expenditures, as well as developing the technology acquired in its recent acquisition of robotic-powered fast-food restaurant, Spyce Food Co.\nIt said it might also use a portion to buy other complementary businesses or technologies, adding that it doesn’t currently have any targets.\nIn mid-September of 2019, Sweetgreen got an injection of $150 million from investors, valuing it at the time of that funding round at $1.6 billion.\nThe top three stockholders of the company are entities affiliated with Fidelity Investments Inc.,T. Rowe Priceand Revolution Growth, respectively holding 13.4%, 10.6% and 7.8% before the IPO.\nMr. Neman has a 2.6% stake but has 22.8% of the shareholders’ total voting power. Those percentages are set to drop to 2.3% and roughly 21.5% following the offering.\nIts directors include Neil Blumenthal, co-CEO of eyeglass maker Warby ParkerInc.,which also recently went public; America Online co-founder Stephen Case, who is also chief executive of investment firm Revolution; and Valerie Jarrett, a former senior adviser to President Barack Obama.","news_type":1,"symbols_score_info":{"SG":0.9}},"isVote":1,"tweetType":1,"viewCount":1019,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":30,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/876199095"}
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