{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-007967","form_type":"8-K","ticker":"SG","cik":"0001477815","company_name":"Sweetgreen, Inc.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.288218+00:00","generated_at":"2026-06-05T06:32:30.634155+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sweetgreen Q4 rev +29% YoY; guides to first positive adj. EBITDA in FY2024","bullets":["Q4 revenue $153.0M (+29% YoY); same-store sales +6%; net loss narrowed to $(27.4M) from $(49.3M).","Restaurant-level profit margin expanded 500 bps to 16%; adj. EBITDA loss $(1.8M) vs $(17.9M).","FY23 revenue $584.0M (+24%); net loss $(113.4M) improved from $(190.4M); adj. EBITDA $(2.8M) vs $(49.9M).","FY24 guidance: rev $655-670M, same-store sales +3-5%, restaurant-level margin 18-19.5%, adj. EBITDA $8-15M.","First-quarter FY24 outlook: rev $150-154M, adj. EBITDA between $(4)M and $(2)M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-007967","json":"https://secwatch.observer/filing/0001628280-24-007967.json","markdown":"https://secwatch.observer/filing/0001628280-24-007967.md","text":"https://secwatch.observer/filing/0001628280-24-007967.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477815/000162828024007967/0001628280-24-007967-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477815/000162828024007967/sg-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T06:32:30.634155+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":"16dfac42370189aaa594d8db3b97086b4df2498d","claim":"Sweetgreen, Inc. reported for its fourth fiscal quarter ended December 31, 2023 results: revenue $153.0 million, net income $(27.4) million. Guidance initiated.","evidence_excerpt":"December 31, 2023. Fourth Quarter 2023 Financial Highlights For the fourth quarter of fiscal year 2023, compared to the fourth quarter of fiscal year 2022: • Total revenue was $153.0 million versus $118.6 million in the prior year period, an increase of 29%. • Same-Store Sales Change of 6% versus Same-Store Sales Change of 4% 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/1477815/000162828024007967/0001628280-24-007967-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for its fourth fiscal quarter ended December 31, 2023"},{"label":"Revenue","value":"$153.0 million"},{"label":"Net income","value":"$(27.4) million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"4ee961185ce0a9defcc2f3ae90158dc30644d7f5","claim":"Sweetgreen, Inc. reported for its fiscal year ended December 31, 2023 results: revenue $584.0 million, net income $(113.4) million. Guidance initiated.","evidence_excerpt":"versus 10 Net New Restaurant Openings in the prior year period. Full Year Fiscal 2023 Financial Highlights For fiscal year 2023 compared to fiscal year 2022: • Total revenue was $584.0 million versus $470.1 million in the prior fiscal year, an increase of 24%. • Same-Store Sales Change of 4% versus Same-Store Sales Change of 13% in the prior fiscal year. • AUV of $2.9","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1477815/000162828024007967/0001628280-24-007967-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for its fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$584.0 million"},{"label":"Net income","value":"$(113.4) million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}