Sweetgreen, Inc (SG) Misses Q2 EPS by 6c, FY Guidance Misses
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Sweetgreen, Inc. Announces Second Quarter 2022 Financial Results
August 9, 2022 4:05 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Sweetgreen, Inc. (NYSE: SG) (the Company), the mission-driven, next generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its second fiscal quarter ended June 26, 2022.
Thanks to our teams execution, second quarter revenue grew 45% year over year and restaurant level margins increased to 18.5%, said Co-Founder and CEO Jonathan Neman. The team remains laser focused on operational discipline and our path to profitability. We will continue to invest in our key strategic initiatives to drive long term growth and are committed to being... More
