Sweetgreen Inc. posted a second consecutive quarter of disappointing results, reporting fiscal second-quarter revenue of $185.6 million—about $7 million short of analyst expectations—and an adjusted loss of $0.20 a share. Comparable sales fell 7.6% from a year earlier and adjusted EBITDA slid to $6.4 million, yielding a 3.5% margin. Loss from operations widened to $26.4 million. Facing weaker traffic and pressure on budget-sensitive diners, the salad chain cut its 2025 outlook. Management now expects full-year revenue of $700 million to $715 million and a same-store sales decline of 6% to 4%, compared with previous market expectations of roughly a 1% drop. The company still plans at least 40 net new restaurants this year, half of which will feature its automated “Infinite Kitchen” technology. The sharper guidance reduction and traffic slowdown extended a steep share-price retreat; Sweetgreen stock is down about 79% from its late-November peak as investors question the brand’s ability to revive growth amid a tougher spending environment.
Sweetgreen $SG now down -79% from $45 late-November after reporting insanely bad -8% same store sales for Q2 and bad guide. Guh! One of the fastest collapses I’ve ever seen for a story stock (with the market at ATH!) Slop bowl investors absolutely rekt. https://t.co/R7I45jojIH
$SG - Sweetgreen Announces Second Quarter 2025 Financial Results / https://t.co/8Xj7QnBkFn
Sweetgreen slashed its sales guidance after a second straight quarter of weak results, highlighting the salad chain’s struggles to attract budget-strained American diners https://t.co/cpEBJDhYt0