secwatch.observer — SEC 8-K summary
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Issuer:     Sweetgreen, Inc. (SG)
CIK:        0001477815
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001628280-26-012331
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477815/000162828026012331/0001628280-26-012331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477815/000162828026012331/sg-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-012331

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer