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Shares of the salad chain initially fell more than 20 %, but bounced back to finish the week just about even. As part of its second quarter earnings announce ment, sweetgreen also lowered its guidance for 20 22 and set its laying off five % of employees. The big question mark is, do 15 dollar salads really sell as well as you eight or nine dollar baridos? I'm not sure if i'm a buyer yet, but i will say sweet green stock looks a little bit more interesting to me this week.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode