---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-004819"
form_type: "8-K"
ticker: "SG"
cik: "0001477815"
company_name: "Sweetgreen, Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:26:01.069987+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sweetgreen Q4 revenue up 23% to $118.6M, net loss narrows to $49.3M; guides FY23 revenue $575-595M

## Summary
- Q4 revenue $118.6M (+23% YoY); same-store sales +4% vs +36% prior year.
- Net loss $49.3M vs $66.2M prior year; adjusted EBITDA -$17.9M vs -$14.2M.
- FY22 revenue $470.1M (+38% YoY); net loss $190.4M vs $153.2M.
- FY23 guidance: revenue $575-595M, same-store sales +2-6%, adjusted EBITDA -$20M to -$10M.
- Restaurant-level profit margin 11% in Q4 (down from 13%) due to romaine/arugula/tomato shortages.

## SEC filing metadata
- accession: 0001628280-23-004819
- form_type: 8-K
- ticker: SG
- cik: 0001477815
- company_name: Sweetgreen, Inc.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1477815/000162828023004819/0001628280-23-004819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477815/000162828023004819/sg-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-004819
- JSON: https://secwatch.observer/filing/0001628280-23-004819.json
- Plain text: https://secwatch.observer/filing/0001628280-23-004819.txt

## Key facts
- Earnings Releases
  Sweetgreen, Inc. reported fiscal year ended December 25, 2022 results: revenue $470.1 million, net income $(190.4) million.
  - Period: fiscal year ended December 25, 2022
  - Revenue: $470.1 million
  - Net income: $(190.4) million
  - Result: reported results
  source text: Total revenue was $470.1 million versus $339.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477815/000162828023004819/0001628280-23-004819-index.htm
- Earnings Releases
  Sweetgreen, Inc. reported fourth quarter ended December 25, 2022 results: revenue $118.6 million, net income $(49.3) million.
  - Period: fourth quarter ended December 25, 2022
  - Revenue: $118.6 million
  - Net income: $(49.3) million
  - Result: reported results
  source text: Total revenue in the fourth quarter of 2022 was $118.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477815/000162828023004819/0001628280-23-004819-index.htm

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