---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-038952"
form_type: "8-K"
ticker: "SG"
cik: "0001477815"
company_name: "Sweetgreen, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:25:21.894821+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sweetgreen Q2 revenue up 0.5% to $185.6M; same-store sales drop 7.6%; net loss widens

## Summary
- Revenue $185.6M (+0.5% YoY) with same-store sales change of -7.6% (traffic mix -10.1%, partially offset by 2.5% price increase).
- Net loss $(23.2)M vs $(14.5)M; adjusted EBITDA $6.4M vs $12.4M; Restaurant-Level Profit Margin 18.9% vs 22.5% (down 360 bps).
- Updated FY2025 guidance: revenue $700-715M, same-store sales (6)% to (4)%, adj. EBITDA $10-15M, 40+ net new openings (20 with Infinite Kitchen).
- Opened 9 net new restaurants in Q2 (vs 4); AUV $2.8M vs $2.9M; total digital revenue 60.8% (owned 33.4%).

## SEC filing metadata
- accession: 0001628280-25-038952
- form_type: 8-K
- ticker: SG
- cik: 0001477815
- company_name: Sweetgreen, Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477815/000162828025038952/0001628280-25-038952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477815/000162828025038952/sg-20250807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-038952
- JSON: https://secwatch.observer/filing/0001628280-25-038952.json
- Plain text: https://secwatch.observer/filing/0001628280-25-038952.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.