Sweetgreen reports Q2 EPS (20c), consensus (5c)

Reports Q2 revenue $185.6M, consensus $191.77M. Reports Same-Store Sales change of (7.6)%, versus Same-Store Sales change of 9.3% in the prior year period. “Sweetgreen’s (SG) second quarter results reflected a convergence of several headwinds, including macroeconomic pressures, a challenging comparison to last year’s strong Q2, and the transition of our loyalty program,” said Jonathan Neman, Co-Founder and Chief Executive Officer. “While we’re not satisfied with today’s results, we’re confident in our ability to improve in the back half of 2025. Early signs from our new loyalty program are encouraging, our summer menu is bringing customers back more often, and we remain fully committed to raising the bar on execution across every restaurant.”