Sweetgreen lowers FY25 revenue view to $700M-$715M, consensus $739.82M

For fiscal year 2025, the company is updating guidance as follows: At least 40 Net New Restaurant Openings, with 20 featuring the Infinite Kitchen; Revenue ranging from $700M-$715M; Same-Store Sales Change of (6)% to (4)%; Restaurant-Level Profit Margin of approximately 17.5%; Adjusted EBITDA between $10M-$15M. “While headwinds weighed on results, our financial model is strong. Our priorities are clear: deliver great guest experiences with the best sourced and prepared food, and improve execution and consistency across the fleet. We believe this will position Sweetgreen (SG) to emerge stronger, more efficient, and better aligned for scalable, sustainable growth,” said Mitch Reback, Chief Financial Officer.