Sweetgreen, Inc (SG) Misses Q2 EPS by 9c

Sweetgreen, Inc (NYSE: SG) reported Q2 EPS of ($0.22), $0.09 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $192.7 million versus the consensus estimate of $194.64 million.

Fiscal Year 2026 Outlook

The Company's updated outlook reflects reduced consumer demand for fresh prepared foods due to the multistate outbreak of cyclosporiasis since mid-July. The pace and timing of recovery remain uncertain. For fiscal year 2026, we now anticipate the following:

• Approximately 13 Net New Restaurant Openings, with about half featuring the Infinite Kitchen
• Same-Store Sales Change between (8.0)% to (7.0)%
• Restaurant-Level Profit Margin of 10.5% to 11.0%
• Adjusted EBITDA between $(27.0) million to $(23.0) million

For earnings history and earnings-related data on Sweetgreen, Inc (SG) click here.

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