Sweetgreen $SG now down -79% from $45 late-November after reporting insanely bad -8% same store sales for Q2 and bad guide. Guh! One of the fastest collapses I’ve ever seen for a story stock (with the market at ATH!) Slop bowl investors absolutely rekt.

I can’t really see anything bullish in these numbers. EVERYTHING is going the wrong way, fast. They don’t have any real ability to cut costs. What happens if the economy deteriorates? People are just saying no to overpriced food & poor service. It’s just not good enough.