secwatch.observer — SEC 8-K summary
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Issuer:     Sweetgreen, Inc. (SG)
CIK:        0001477815
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001628280-25-050204
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477815/000162828025050204/0001628280-25-050204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477815/000162828025050204/sg-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-050204

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