earnings
confidence high
sentiment negative
materiality 0.80
Sweetgreen files amended 8-K to correct Q1 2025 same-store sales guidance from positive to negative
Sweetgreen, Inc.
2024-FY EPS reported
-$0.79
revenue$676,826,000
- Original 8-K had typo 'approximately 5-3%' instead of correct 'approximately (5)-(3)%' for Q1 2025 same-store sales change.
- Q4 2024 revenue $160.9M, same-store sales +4%, net loss $29.0M, adjusted EBITDA -$0.6M.
- FY2024 revenue $676.8M, same-store sales +6%, net loss $90.4M, first full-year positive adjusted EBITDA of $18.7M.
- FY2025 guidance: revenue $760-$780M, same-store sales 1-3%, at least 40 net new openings including 20 Infinite Kitchens.
- Q1 2025 guidance: same-store sales decline 5% to 3%, revenue $163-$166M, adjusted EBITDA loss $3M to $1M.