EPISODE · Nov 18, 2021 · 19 MIN
Sweetgreen’s IPO, Support for Spanx, & Good Stock, Nvidia!
from Squawk Pod · host CNBC
Salad chain Sweetgreen made its trading debut today on the New York Stock Exchange. The D.C.-based company, which was founded in 2007, is trying to tap into what it describes as a grossly underserved market for fast-food that is also fresh, seasonal, and healthy. Sweetgreen co-founders Jonathan Neman, Nicolas Jammet and Nathaniel Ru explain their vision for a “McDonald’s of this generation.” Deere & Co. workers approved a new contract late yesterday, delivering 10% raises immediately and ending a month-long strike for more than 10,000 employees. Shares of Nvidia are soaring after reporting a 60% year-over-year increase in adjusted quarterly earnings per share and a 50% year-over-year rise in revenue. Both measures exceeded expectations. More than 2 million children have already received their first dose of Pfizer’s Covid vaccine, just two weeks after the CDC authorized distribution of the shots for kids ages 5 to 11. Plus, Oprah, Reese Witherspoon...and Joe Kernen love their Spanx!In this episode:Jonathan Neman, @sweetgreenNicolas Jammet, @nicolasjammetNathaniel Ru, @nathanielruAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Salad chain Sweetgreen made its trading debut today on the New York Stock Exchange. The D.C.-based company, which was founded in 2007, is trying to tap into what it describes as a grossly underserved market for fast-food that is also fresh, seasonal, and healthy. Sweetgreen co-founders Jonathan Neman, Nicolas Jammet and Nathaniel Ru explain their vision for a “McDonald’s of this generation.” Deere & Co. workers approved a new contract late yesterday, delivering 10% raises immediately and ending a month-long strike for more than 10,000 employees. Shares of Nvidia are soaring after reporting a 60% year-over-year increase in adjusted quarterly earnings per share and a 50% year-over-year rise in revenue. Both measures exceeded expectations. More than 2 million children have already received their first dose of Pfizer’s Covid vaccine, just two weeks after the CDC authorized distribution of the shots for kids ages 5 to 11. Plus, Oprah, Reese Witherspoon...and Joe Kernen love their Spanx! In this episode: Jonathan Neman, @sweetgreen Nicolas Jammet, @nicolasjammet Nathaniel Ru, @nathanielru Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie
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Sweetgreen’s IPO, Support for Spanx, & Good Stock, Nvidia!
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