When a company such as Sweetgreen splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the SG split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sweetgreen shares, starting with a $10,000 purchase of SG, presented on a split-history-adjusted basis factoring in the complete SG split history.

About Sweetgreen

Sweetgreen is a restaurant that serves healthy food at scale. Co.'s sales channel includes: In-Store, Marketplace, Native Delivery, Outpost, and Pick-Up. Through its Pick-Up channel, customers place their order through Co.'s mobile app or website and pick it up from their chosen sweetgreen location at the time most convenient for them. Co. has launched its Native Delivery Channel, which provides customer experience to its Marketplace Channel, with lower menu item pricing than its Marketplace Channel. Co.'s Outpost Channel enables office workers, hospital workers, or building residents to get their custom sweetgreen order delivered directly to an outpost station at their location. According to our SG split history records, Sweetgreen has had 1 split.

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