secwatch.observer — SEC 8-K summary
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Issuer:     Sweetgreen, Inc. (SG)
CIK:        0001477815
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001628280-25-008132
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477815/000162828025008132/0001628280-25-008132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477815/000162828025008132/sg-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-008132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer