---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-050204"
form_type: "8-K"
ticker: "SG"
cik: "0001477815"
company_name: "Sweetgreen, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:37:25.199126+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sweetgreen Q3 revenue -0.6% YoY, same-store sales -9.5%, net loss widens, guidance cut

## Summary
- Revenue $172.4M (-0.6% YoY); same-store sales -9.5% vs +5.6% prior year.
- Net loss $(36.1)M (margin -21.0%) vs $(20.8)M (-12.0%) YoY.
- Adjusted EBITDA $(4.4)M vs $6.8M prior; FY2025 guidance lowered to $(13)M-$(10)M.
- Restaurant-Level Profit Margin 13.1% vs 20.1% YoY, citing traffic decline and higher costs.
- FY2025 revenue guidance cut to $682M-$688M; 37 net new openings, 18 with Infinite Kitchen.

## SEC filing metadata
- accession: 0001628280-25-050204
- form_type: 8-K
- ticker: SG
- cik: 0001477815
- company_name: Sweetgreen, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477815/000162828025050204/0001628280-25-050204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477815/000162828025050204/sg-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-050204
- JSON: https://secwatch.observer/filing/0001628280-25-050204.json
- Plain text: https://secwatch.observer/filing/0001628280-25-050204.txt

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