Sweetgreen (NYSE:SG) Releases Earnings Results

Sweetgreen (NYSE:SG) issued its quarterly earnings data on Thursday. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.10), FiscalAI reports. The firm had revenue of $155.19 million for the quarter, compared to the consensus estimate of $159.59 million. Sweetgreen had a negative net margin of 16.55% and a negative return on equity of 25.67%.

Here are the key takeaways from Sweetgreen’s conference call:

• For FY2025 revenue was $679.5M and Q4 sales were $155.2M with comparable sales down 11.5% in Q4 (FY comps -7.9%), restaurant-level margin compressed sharply to 10.4% in Q4 versus 17.4% a year ago, and Q4 adjusted EBITDA was a loss of $13.3M and net loss $49.7M.
• Management is executing a five‑point Sweet Growth Transformation Plan with an emphasis on operational excellence (Project One Best Way), and reports ~two‑thirds of restaurants now meeting their “great” standard with improved throughput and scorecard visibility.
• Product innovation momentum is building — the company has its largest innovation pipeline ever, is testing wraps in a multi‑market pilot (priced under $15) with encouraging early results and a potential mid‑2026 rollout if stage‑gate criteria are met.
• Technology and portfolio moves are intended to boost unit economics — Infinite Kitchen locations are delivering higher AAVs and >700 bps labor savings versus classic stores, and the early 2026 sale of Spyce generated $100M in cash to bolster liquidity.
• 2026 guidance assumes same‑store sales down -4% to -2% with restaurant‑level margin of 14.2%–14.7% and adjusted EBITDA of $1M–$6M, about 15 net new restaurants planned (nearly half with Infinite Kitchen), and management expects trends to improve through the year after a weather‑impacted Q1.

Sweetgreen Price Performance

SG stock traded up $0.29 on Thursday, reaching $6.15. 7,932,459 shares of the company traded hands, compared to its average volume of 4,288,361. The firm has a fifty day simple moving average of $6.57 and a 200-day simple moving average of $7.28. The company has a market cap of $728.00 million, a P/E ratio of -6.34 and a beta of 1.92. Sweetgreen has a one year low of $4.99 and a one year high of $27.15.

Hedge Funds Weigh In On Sweetgreen

Large investors have recently modified their holdings of the stock. Mariner LLC purchased a new position in Sweetgreen in the fourth quarter worth about $143,000. Commonwealth Equity Services LLC purchased a new position in Sweetgreen in the 4th quarter worth approximately $142,000. VARCOV Co. bought a new position in Sweetgreen in the 4th quarter valued at approximately $141,000. WINTON GROUP Ltd purchased a new stake in Sweetgreen during the 4th quarter valued at $127,000. Finally, Credit Agricole S A purchased a new stake in Sweetgreen during the 3rd quarter valued at $118,000. Hedge funds and other institutional investors own 95.75% of the company’s stock.

Wall Street Analysts Forecast Growth

SG has been the topic of a number of recent analyst reports. Wells Fargo & Company lowered Sweetgreen from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $10.00 to $7.00 in a research report on Wednesday, December 17th. The Goldman Sachs Group upped their price objective on shares of Sweetgreen from $5.00 to $5.60 and gave the stock a “sell” rating in a report on Wednesday, January 28th. Sanford C. Bernstein set a $7.00 target price on shares of Sweetgreen in a research note on Wednesday, January 7th. JPMorgan Chase & Co. increased their price target on shares of Sweetgreen from $6.00 to $8.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Finally, Barclays lifted their price objective on Sweetgreen from $5.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $10.76.

About Sweetgreen

Sweetgreen, Inc is a fast-casual restaurant chain specializing in salads, grain bowls and warm bowls that emphasize fresh, locally sourced ingredients. Since its founding in 2007 by Jonathan Neman, Nicolas Jammet and Nathaniel Ru, Sweetgreen has focused on sustainable agriculture, working with regional farmers across the United States to provide seasonal produce and promote environmentally responsible sourcing practices. The company’s menu features a variety of plant-forward options, including custom-build salads, chef-curated bowls and limited-time offerings that reflect changing harvests.

Sweetgreen operates a technology-driven service model that combines in-store experiences with digital ordering through its mobile app and website.