---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-012331"
form_type: "8-K"
ticker: "SG"
cik: "0001477815"
company_name: "Sweetgreen, Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:32:04.017019+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sweetgreen Q4 revenue down 3.5% to $155.2M; same-store sales -11.5%; FY2025 net loss widens

## Summary
- Q4 revenue $155.2M (-3.5% YoY); same-store sales -11.5% (traffic/mix -13.3% offset by +1.8% pricing).
- Net loss $(49.7)M vs $(29.0)M prior year; Restaurant-Level Profit margin 10.4% vs 17.4%.
- Full year revenue $679.5M (+0.4%); net loss $(134.1)M vs $(90.4)M; Adjusted EBITDA $(11.0)M vs $18.7M.
- Spyce sale completed post-year-end for $186.4M ($100M cash + $86.4M Wonder Series C preferred stock).
- FY2026 outlook: same-store sales (4.0)% to (2.0)%; Adjusted EBITDA $1.0M-$6.0M; ~15 net new restaurants.

## SEC filing metadata
- accession: 0001628280-26-012331
- form_type: 8-K
- ticker: SG
- cik: 0001477815
- company_name: Sweetgreen, Inc.
- filed_at: 2026-02-26T23:59:59+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/1477815/000162828026012331/0001628280-26-012331-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477815/000162828026012331/sg-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-012331
- JSON: https://secwatch.observer/filing/0001628280-26-012331.json
- Plain text: https://secwatch.observer/filing/0001628280-26-012331.txt

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