secwatch.observer — SEC 8-K summary
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Issuer:     Sweetgreen, Inc. (SG)
CIK:        0001477815
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001628280-24-036126
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sweetgreen Q2 revenue $184.6M (+21% YoY); raises FY2024 guidance
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- Revenue of $184.6M, up 21% YoY; same-store sales growth of 9% (vs 3% in prior year).
- Net loss narrowed to $(14.5)M from $(27.3)M; adjusted EBITDA $12.4M (vs $3.3M).
- Restaurant-Level Profit Margin improved to 22% from 20%.
- Raises FY2024 revenue guidance to $670-680M; adj EBITDA $16-19M.
- Digital revenue 56% of total; owned digital 31%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477815/000162828024036126/0001628280-24-036126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477815/000162828024036126/sg-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-036126

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