Sweetgreen, Inc. (SG) Form 8-K — Aug 6, 2026
Sweetgreen reported second quarter 2026 revenue of $192.7 million, up 3.8% year over year, but the underlying results deteriorated: same-store sales fell 6.2% and the net loss widened to $26.3 million, or $(0.22) per share, from $23.2 million a year earlier. Restaurant-Level Profit dropped to $25.2 million at a 13.1% margin from $35.1 million at 18.9%, and Adjusted EBITDA swung to $(0.2) million from $6.4 million, hurt by negative traffic, higher ingredient usage, investments in chicken and tofu portions, and heavier promotional activity.
Key figures
- Revenue
- 192662000
- Guidance
- FY2026 (updated/lowered): ~13 Net New Restaurant Openings, about half featuring the Infinite Kitchen; Same-Store Sales Change (8.0)% to (7.0)%; Restaurant-Level Profit Margin 10.5% to 11.0%; Adjusted EBITDA $(27.0) million to $(23.0) million
- Revenue Yoy
- 3.8%
- Cash Position
- 142631000
- Mix Change
- -4.2%
- Total Assets
- 895659000
- Traffic Change
- -2.0%
- Net Income26 Weeks
- 99539000
- Average Unit Volume
- 2516
- Same Store Sales Change
- -6.2%
- Restaurant Level Profit
- 25177000
- Owned Digital Revenue Pct
- 38.8%
- Total Digital Revenue Pct
- 66.3%
- Class AShares Outstanding
- 107140211
- Class BShares Outstanding
- 11893558
- Prior Year Adjusted Ebitda
- 6415000
- General And Administrative
- 29713000
- Net New Restaurant Openings
- 2
- Prior Year Average Unit Volume
- 2831
- Restaurant Level Profit Margin
- 13.1%
- Prior Year Same Store Sales Change
- -7.6%
- Proceeds From Disposal Of Business
- 100000000
- Gain On Disposal Of Business26 Weeks
- 160562000
- Prior Year Net New Restaurant Openings
- 9
- Prior Year Restaurant Level Profit Margin
- 18.9%
- Wonder Group Preferred Stock Consideration
- 86429000
Price after filing
Close on the filing date to close N calendar days later (from $5.71). Historical, not a forecast.
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