Sweetgreen Q2 revenue up 3.8% to $192.7M, net loss widens; cuts FY guidance on cyclosporiasis outbreak

Sweetgreen, Inc.

Q2 revenue $192.7M (+3.8% YoY); same-store sales -6.2% (vs -7.6% prior year).
Net loss $(26.3)M vs $(23.2)M; Adjusted EBITDA $(0.2)M vs $6.4M.
Restaurant-Level Profit Margin 13.1% vs 18.9% YoY; only 2 net new restaurant openings.
FY2026 outlook cut: same-store sales (8.0%) to (7.0%); Adjusted EBITDA $(27)M to $(23)M.
Guidance reduction driven by multistate cyclosporiasis outbreak since mid-July impacting demand.

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