Sweetgreen, Inc (SG) Misses Q2 EPS, Revenue

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Go back to Sweetgreen, Inc (SG) Misses Q2 EPS, Revenue

Sweetgreen, Inc. Announces Second Quarter 2023 Financial Results

July 27, 2023 4:05 PM EDT

LOS 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 25, 2023.

Second quarter 2023 financial highlights

For the second quarter of fiscal year 2023, compared to the second quarter of fiscal year 2022:

Total revenue was $152.5 million, versus $124.9 million in the prior year period, an increase of 22%. Same-Store Sales Change of 3%, versus Same-Store Sales Change of 16% in the prior year... More