{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-022238","form_type":"8-K","ticker":"SG","cik":"0001477815","company_name":"Sweetgreen, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.589867+00:00","generated_at":"2026-06-02T05:30:57.884623+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 Q1 revenue up 26% to $157.9M; first positive Adjusted EBITDA of $0.1M","bullets":["Same-store sales change of 5%; restaurant-level profit margin expanded 400 bps to 18%.","Net loss narrowed to $(26.1M) from $(33.7M) YoY; loss from operations margin improved to (17)% from (28)%.","FY 2024 guidance raised: revenue $660-675M, Adjusted EBITDA $10-19M, 23-27 net new restaurants.","Total digital revenue was 59% of revenue; owned digital revenue 33%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-022238","json":"https://secwatch.observer/filing/0001628280-24-022238.json","markdown":"https://secwatch.observer/filing/0001628280-24-022238.md","text":"https://secwatch.observer/filing/0001628280-24-022238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477815/000162828024022238/0001628280-24-022238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477815/000162828024022238/sg-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:30:57.884623+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":"06e5be3ab33a5f0831d6f87832ed13c232804a68","claim":"Sweetgreen, Inc. reported First quarter ended March 31, 2024 results: revenue $157.9 million, net income $(26.1) million.","evidence_excerpt":"ended March 31, 2024. First quarter 2024 financial highlights For the first quarter of fiscal year 2024, compared to the first quarter of fiscal year 2023: • Total revenue was $157.9 million, versus $125.1 million in the prior year period, an increase of 26%. • Same-Store Sales Change of 5% was consistent with the prior year period. • AUV of $2.9 million was","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1477815/000162828024022238/0001628280-24-022238-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First quarter ended March 31, 2024"},{"label":"Revenue","value":"$157.9 million"},{"label":"Net income","value":"$(26.1) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ca867a2d6c8b68c33ac6f6a2ba7d96fe7959c200","claim":"Sweetgreen, Inc. reported Fiscal year 2024 results: revenue $660 million to $675 million. Guidance raised.","evidence_excerpt":"For fiscal year 2024, we are updating our financial guidance to reflect the strength of the first quarter. • 23-27 Net New Restaurant Openings • Revenue ranging from $660 million to $675 million • Same-Store Sales Change between 4-6% • Restaurant-Level Profit Margin of 18.5%-20% • Adjusted EBITDA between $10 million to $19 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1477815/000162828024022238/0001628280-24-022238-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal year 2024"},{"label":"Revenue","value":"$660 million to $675 million"},{"label":"Guidance","value":"raised"},{"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"}