---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-021926"
form_type: "8-K"
ticker: "SG"
cik: "0001477815"
company_name: "Sweetgreen, Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T01:57:38.904210+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sweetgreen Q2 revenue up 45% to $124.9M; lowers FY2022 guidance; 5% workforce cut

## Summary
- Revenue $124.9M, up 45% YoY; same-store sales +16%; AUV $2.9M.
- Net loss $(40.0)M (vs $(26.9)M); Adjusted EBITDA $(7.4)M, improved from $(13.8)M.
- Restaurant-level profit margin 18% vs 15% YoY; 8 net new restaurant openings.
- Plans ~5% workforce reduction at support center and office move; expects $8.9-10.7M restructuring charges in Q3.
- FY2022 guidance lowered: revenue $480-500M; Adjusted EBITDA $(45)-$(35)M.

## SEC filing metadata
- accession: 0001628280-22-021926
- form_type: 8-K
- ticker: SG
- cik: 0001477815
- company_name: Sweetgreen, Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477815/000162828022021926/0001628280-22-021926-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477815/000162828022021926/sg-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-021926
- JSON: https://secwatch.observer/filing/0001628280-22-021926.json
- Plain text: https://secwatch.observer/filing/0001628280-22-021926.txt

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