Sweetgreen, INC 10-Q quarterly reports

Sweetgreen, Inc. has entered into a definitive agreement to sell its Spyce Food Co. subsidiary and related Infinite Kitchen assets to Wonder Group, Inc. for $186.4 million, while reporting a significant increase in net loss and declining same-store sales for Q3 2025.

Sweetgreen reported a significantly wider net loss and negative same-store sales in the second quarter of 2025, despite opening more new restaurants.

Sweetgreen's Q1 2025 shows revenue growth driven by new restaurant openings, offset by a decline in same-store sales and increased operating costs.

Sweetgreen's Q3 2024 results show a 13% increase in revenue driven by new restaurant openings and a 6% increase in same-store sales.

Sweetgreen's Q2 2024 results show a 21% increase in revenue compared to the same period last year, driven by new restaurant openings and positive same-store sales growth.

Sweetgreen's first quarter of 2024 saw a 26% increase in revenue, driven by new restaurant openings and a 5% same-store sales increase.