secwatch.observer — SEC 8-K summary
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Issuer:     Sweetgreen, Inc. (SG)
CIK:        0001477815
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001628280-25-023827
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sweetgreen Q1 revenue up 5.4% to $166.3M; same-store sales down 3.1%
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- Total revenue $166.3M vs $157.9M prior year (+5.4%); same-store sales change (3.1%) vs +5.0% prior.
- Net loss $(25.0)M vs $(26.1)M prior; loss from operations margin (17.2)% vs (17.1)%.
- Restaurant-Level Profit Margin 17.9% (down 20 bps); Adj EBITDA $0.3M vs $0.1M prior.
- FY2025 guidance: revenue $740M-$760M, same-store sales ~flat, Adj EBITDA ~$30M, 40+ net new openings.
- Digital revenue 59.9% of total; owned digital 31.9%; AUV flat at $2.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477815/000162828025023827/0001628280-25-023827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477815/000162828025023827/sg-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023827

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