Jason Cochran
On April 29, 2025, Sweetgreen, Inc. (the “Company”) announced the appointment of Jason Cochran as the Company’s Chief Operating Officer, effective May 5, 2024 (“the “Effective Date”).
Highest-materiality recent filing
Q2 revenue $192.7M (+3.8% YoY); same-store sales -6.2% (vs -7.6% prior year).
Sweetgreen Q1 revenue down 2.9% to $161.5M; same-store sales -12.8%
Net income of $125.8M driven by $160.6M gain from Spyce sale, vs net loss of $25.0M a year ago.
Sweetgreen Q4 revenue down 3.5% to $155.2M; same-store sales -11.5%; FY2025 net loss widens
Q4 revenue $155.2M (-3.5% YoY); same-store sales -11.5% (traffic/mix -13.3% offset by +1.8% pricing).
Sweetgreen completes sale of Spyce (Infinite Kitchen) to Wonder for $186.4M
Total consideration: $100M cash + $86.4M in Wonder Series C preferred stock (implied value).
Sweetgreen Q3 revenue -0.6% YoY, same-store sales -9.5%, net loss widens, guidance cut
Revenue $172.4M (-0.6% YoY); same-store sales -9.5% vs +5.6% prior year.
Sweetgreen CFO Mitch Reback to retire Sept 21; Jamie McConnell appointed effective Sept 22
Mitch Reback retires as CFO effective Sept 21, 2025; Jamie McConnell starts Sept 22, 2025.
Sweetgreen Q2 revenue up 0.5% to $185.6M; same-store sales drop 7.6%; net loss widens
Revenue $185.6M (+0.5% YoY) with same-store sales change of -7.6% (traffic mix -10.1%, partially offset by 2.5% price increase).
Sweetgreen Q1 revenue up 5.4% to $166.3M; same-store sales down 3.1%
Total revenue $166.3M vs $157.9M prior year (+5.4%); same-store sales change (3.1%) vs +5.0% prior.
Sweetgreen appoints Jason Cochran as COO effective May 5, 2025
Jason Cochran, previously CEO of American West Restaurant Group and VP at Chipotle, appointed COO.
Sweetgreen COO Rossann Williams departs, becomes consultant through June 1
COO Rossann Williams left employment effective April 16, 2025, by mutual agreement.
Sweetgreen files amended 8-K to correct Q1 2025 same-store sales guidance from positive to negative
Original 8-K had typo 'approximately 5-3%' instead of correct 'approximately (5)-(3)%' for Q1 2025 same-store sales change.
Sweetgreen posts Q4 revenue $160.9M; first full year of positive adjusted EBITDA
Q4 2024 revenue $160.9M (+5% YoY); same-store sales +4%; net loss $(29.0)M vs $(27.4)M prior year.
Sweetgreen Q3 revenue $173.4M (+13% YoY), raises FY2024 guidance
Same-store sales grew 6% YoY, driven by 4% menu price increase and 2% traffic/mix.
Sweetgreen Q2 revenue $184.6M (+21% YoY); raises FY2024 guidance
Revenue of $184.6M, up 21% YoY; same-store sales growth of 9% (vs 3% in prior year).
Sweetgreen Q1 revenue up 26% to $157.9M; first positive Adjusted EBITDA of $0.1M
Same-store sales change of 5%; restaurant-level profit margin expanded 400 bps to 18%.
Sweetgreen Q4 rev +29% YoY; guides to first positive adj. EBITDA in FY2024
Q4 revenue $153.0M (+29% YoY); same-store sales +6%; net loss narrowed to $(27.4M) from $(49.3M).
Sweetgreen Q3 revenue $153.4M (+24%), Adj. EBITDA positive $2.5M, net loss narrows
Total revenue $153.4M, up 24% YoY; same-store sales growth 4% with 5% menu price benefit partially offset by 1% traffic decline.
Sweetgreen Q2 revenue $152.5M (+22% YoY); first positive Adj. EBITDA as public company
Net loss improved to $(27.3)M from $(40.5)M YoY; Adj. EBITDA $3.3M vs. $(7.8)M.
Sweetgreen Q1 revenue $125.1M (+22% YoY), net loss narrows to $33.7M; CMO departs
Revenue $125.1M (+22% YoY); same-store sales +5%.
Sweetgreen Q4 revenue up 23% to $118.6M, net loss narrows to $49.3M; guides FY23 revenue $575-595M
Q4 revenue $118.6M (+23% YoY); same-store sales +4% vs +36% prior year.
Sweetgreen upsizes credit facility to $45M, extends maturity to Dec 2024
Revolving credit facility increased from $35M to $45M via Amendment No. 3 with EagleBank.
Total revenue $124.0M (+29% YoY); same-store sales grew 6% vs 43% prior year.
Sweetgreen Q2 revenue up 45% to $124.9M; lowers FY2022 guidance; 5% workforce cut
Revenue $124.9M, up 45% YoY; same-store sales +16%; AUV $2.9M.
Sweetgreen Q1 revenue up 67% to $102.6M; same-store sales +35%; reaffirms FY22 outlook
Revenue $102.6M (+67% YoY); same-store sales +35% (transactions +25%, pricing +10%).
Sweetgreen Q4 revenue $96.4M (+63% YoY), net loss widens to $66.2M; guides FY2022 rev $515-535M
Q4 revenue $96.4M (+63% YoY); same-store sales +36% (vs -28% prior year); 10 net new restaurants.
On April 29, 2025, Sweetgreen, Inc. (the “Company”) announced the appointment of Jason Cochran as the Company’s Chief Operating Officer, effective May 5, 2024 (“the “Effective Date”).
On April 16, 2025, Sweetgreen, Inc. (the “Company”) and Rossann Williams, the Company’s Chief Operating Officer, mutually agreed that Ms. Williams would leave her employment with the Company, effective immediately.
the Board has nominated Monty Moran and Dawn Ostroff as new independent directors
Sweetgreen, Inc. (the “Company”) announced that Youngme Moon and Valerie Jarrett will not stand for re-election as directors of the Company at the 2025 annual meeting of stockholders
Sweetgreen, Inc. (the “Company”) announced that Youngme Moon and Valerie Jarrett will not stand for re-election as directors of the Company at the 2025 annual meeting of stockholders
the Board has nominated Monty Moran and Dawn Ostroff as new independent directors
On January 31, 2024, Sweetgreen, Inc. (the “ Company ”) appointed Rossann Williams as the Company’s Chief Operating Officer, effective February 5, 2024.
Jim McPhail, the Company’s Chief Development Officer, will no longer be with the Company, effective December 31, 2023.
Timothy Noonan has been promoted to the position of Senior Vice President, Development, effective immediately.
On May 1, 2023, Daniel Shlossman, Chief Marketing Officer of the Company, resigned from his position as Chief Marketing Officer, effective as of May 19, 2023.
Chris Carr, Chief Operating Officer of Sweetgreen, Inc. (the “ Company ”), resigned from his position as Chief Operating Officer, effective as of December 31, 2022.
the Company has promoted Stephanie Traut to the role of Senior Vice President, Operations, effective January 1, 2023.
Max materiality 0.85 · Median 0.70 · Most common event earnings