secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sweetgreen, Inc. (SG)
CIK:        0001477815
Form:       8-K
Filed at:   2026-08-06T20:13:06+00:00
Accession:  0001628280-26-054324
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477815/000162828026054324/0001628280-26-054324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477815/000162828026054324/sg-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-054324

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