09

September, 2021

Sweetgreen Surging ahead of IPO

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Sweetgreen Surging ahead of IPO

Sweetgreen is a trendy fast-casual restaurant chain that specializes in quick-serve salads – Earlier this year, the company confidentially filed for an initial public offering.
 
Underlying Mentions show that Sweetgreen has emerged from the pandemic with positive momentum: Consumer Buzz is trending +35% QoQ and +51% YoY on a 30-day moving average.
Last week, Sweetgreen’s CEO made controversial statements on Linkedin, regarding the link between COVID hospitalizations and obesity. This publicity has contributed to the recent surge in Sweetgreen Buzz. Still, it’s clear that mentions of the restaurant chain were already in an uptrend.

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