secwatch.observer — SEC 8-K summary
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Issuer:     Sweetgreen, Inc. (SG)
CIK:        0001477815
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001628280-25-038952
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477815/000162828025038952/0001628280-25-038952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477815/000162828025038952/sg-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-038952

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