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    Chris Carril

    Senior Equity Research Analyst at KeyBanc Capital Markets

    Christopher Carril is a Senior Equity Research Analyst at KeyBanc Capital Markets, specializing in coverage of the US and Canadian restaurant and foodservice sectors, with a focus on companies such as Shake Shack, Starbucks, Restaurant Brands International, and CAVA Group. He has a strong track record, with over 64% of his stock ratings generating profitable outcomes and an average return of 16.1%, including standout calls such as a 230.8% return on Sweetgreen. Carril began his career at Morgan Stanley before joining KeyBanc Capital Markets, where he is recognized for regular industry research and influential recommendations. He is FINRA registered and holds relevant securities licenses, maintaining an active, compliant professional status.

    Chris Carril's questions to Sweetgreen (SG) leadership

    Chris Carril's questions to Sweetgreen (SG) leadership • Q2 2025

    Question

    Chris Carril from KeyBanc Capital Markets asked about the performance of Infinite Kitchen (IK) stores relative to classic stores, particularly on sales, and inquired about the development strategy for core legacy markets versus new markets.

    Answer

    Co-Founder, CEO & Director Jonathan Neman stated that Infinite Kitchen stores are outperforming classic locations with higher AUVs, better customer satisfaction, higher accuracy, and lower team turnover. Regarding development, he said opportunities exist in both legacy and new markets, with a strategy of leveraging brand strength in core urban centers to successfully expand into surrounding suburban areas, while being mindful of delivery-related sales dilution.

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