SG News & Events

Reports Q1 revenue $161.5M, consensus $163.62M. Same-Store Sales Change of (12.8%), versus (3.1%). "We entered 2026 focused on executing our Sweet Growth Transformation Plan. While first quarter results were softer than anticipated, we remain in the early innings of a transformation that is reshaping the foundation of our business. We are building a more consistent guest experience and seeing improved execution across our restaurants, every day," said Jonathan Neman, Co-Founder and Chief Executive Officer of Sweetgreen.

For fiscal year 2026, the company now anticipates the following: Approximately 13 Net New Restaurant Openings, with about half featuring the Infinite Kitchen; Same-Store Sales Change between (4.0)% to (2.0)%; Restaurant-Level Profit Margin of 14.2% to 14.7%.