{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-036398","form_type":"8-K","ticker":"SG","cik":"0001477815","company_name":"Sweetgreen, Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.194018+00:00","generated_at":"2026-06-08T23:57:50.601088+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sweetgreen Q3 revenue $153.4M (+24%), Adj. EBITDA positive $2.5M, net loss narrows","bullets":["Total revenue $153.4M, up 24% YoY; same-store sales growth 4% with 5% menu price benefit partially offset by 1% traffic decline.","Restaurant-Level Profit Margin 19% (300 bps improvement); net loss $(25.1)M vs $(51.0)M prior year.","Adjusted EBITDA $2.5M positive vs $(7.2)M loss in prior year; driven by menu price increases and cost optimization.","FY2023 guidance: revenue $575-585M, same-store sales 3-5%, adj. EBITDA $(8)M to $(3)M, 35 net new restaurants.","15 net new restaurant openings in Q3; total digital revenue 58% (owned digital 37%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-036398","json":"https://secwatch.observer/filing/0001628280-23-036398.json","markdown":"https://secwatch.observer/filing/0001628280-23-036398.md","text":"https://secwatch.observer/filing/0001628280-23-036398.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477815/000162828023036398/0001628280-23-036398-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477815/000162828023036398/sg-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T23:57:50.601088+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"34caa181a2f70273d09baf80d7f9abe24a80aef8","claim":"Sweetgreen, Inc. reported third fiscal quarter ended September 24, 2023 results: revenue 153.4 million dollars, net income loss of 25.1 million dollars.","evidence_excerpt":"Total revenue in the third quarter of 2023 was $153.4 million, an increase of 24% versus the prior year period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1477815/000162828023036398/0001628280-23-036398-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended September 24, 2023"},{"label":"Revenue","value":"153.4 million dollars"},{"label":"Net income","value":"loss of 25.1 million dollars"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"34caa181a2f70273d09baf80d7f9abe24a80aef8","claim":"Sweetgreen, Inc. reported third fiscal quarter ended September 24, 2023 results: revenue 153.4 million dollars, net income loss of 25.1 million dollars.","evidence_excerpt":"September 24, 2023. Third quarter 2023 financial highlights For the third quarter of fiscal year 2023, compared to the third quarter of fiscal year 2022: • Total revenue was $153.4 million, versus $124.0 million in the prior year period, an increase of 24%. • Same-Store Sales Change of 4%, versus Same-Store Sales Change of 6% in the prior year period. • AUV of $2.9","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1477815/000162828023036398/0001628280-23-036398-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended September 24, 2023"},{"label":"Revenue","value":"153.4 million dollars"},{"label":"Net income","value":"loss of 25.1 million dollars"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7aef64ffe1a926fcafa486d6c23ffb15813fa5a3","claim":"Sweetgreen, Inc. reported Fiscal Year 2023 results: revenue 575 million to 585 million dollars. Guidance reaffirmed.","evidence_excerpt":"Revenue ranging from $575 million to $585 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1477815/000162828023036398/0001628280-23-036398-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal Year 2023"},{"label":"Revenue","value":"575 million to 585 million dollars"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}