Sweetgreen posts Q4 revenue $160.9M; first full year of positive adjusted EBITDA

Sweetgreen, Inc.

2024-FY EPS reported -$0.79 revenue$676,826,000

Q4 2024 revenue $160.9M (+5% YoY); same-store sales +4%; net loss $(29.0)M vs $(27.4)M prior year.
FY 2024 revenue $676.8M (+16% YoY); adjusted EBITDA $18.7M (first full year positive) vs $(2.8)M prior year.
FY restaurant-level profit margin 20% (+300 bps); loss from operations improved to $(95.7)M from $(122.3)M.
FY 2025 guidance: revenue $760-780M; at least 40 net new restaurants (20 with Infinite Kitchen); adj. EBITDA $32-38M.
Q1 2025 guidance: revenue $163-166M; same-store sales change -5% to -3%; adj. EBITDA $(3)-(1)M.

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