---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-012637"
form_type: "8-K"
ticker: "SG"
cik: "0001477815"
company_name: "Sweetgreen, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:35:18.123147+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sweetgreen Q1 revenue up 67% to $102.6M; same-store sales +35%; reaffirms FY22 outlook

## Summary
- Revenue $102.6M (+67% YoY); same-store sales +35% (transactions +25%, pricing +10%).
- Restaurant-level profit margin 13% (up 950 bps from 3%); AUV $2.8M vs $2.1M.
- Net loss -$49.2M (vs -$30.0M) due to $21M stock-based comp; Adj EBITDA -$16.5M (improved from -$21.0M).
- FY22 outlook reaffirmed: revenue $515-535M, same-store sales +20-26%, adj EBITDA -$40M to -$33M.
- Digital revenue 66% of total (down from 77%); 8 net new restaurant openings.

## SEC filing metadata
- accession: 0001628280-22-012637
- form_type: 8-K
- ticker: SG
- cik: 0001477815
- company_name: Sweetgreen, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477815/000162828022012637/0001628280-22-012637-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477815/000162828022012637/sg-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-012637
- JSON: https://secwatch.observer/filing/0001628280-22-012637.json
- Plain text: https://secwatch.observer/filing/0001628280-22-012637.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.