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Sweetgreen (SG)
NYSE:SG
Earnings Data
Report Date
Apr 30, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.21Last Year’s EPS
-0.21Same Quarter Last Year
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: material near-term financial and traffic challenges (notably steep comp declines, margin pressure, and Q4 adjusted EBITDA losses) are tempered by clear operational fixes, product and digital initiatives, Infinity Kitchen benefits, meaningful menu innovation (Wraps), loyalty/digital engagement gains, and a $100M non-core sale improving cash. Management provided conservative 2026 guidance but a path to modest adjusted EBITDA profitability and improved restaurant-level margins, while acknowledging there is more work to do. Given the mix of notable operational progress and persistent financial headwinds, the outlook is cautiously constructive but not yet a full turnaround.Company Guidance
Full-Year Revenue and Scale
Fiscal 2025 revenue of $679.5 million and 35 net new restaurant openings during the year, ending with 281 locations, demonstrating continued expansion.
Transformation Plan and Operational Progress
Sweet Growth Transformation launched with five priorities; Project One Best Way has led to ~2/3 of restaurants hitting the company's 'great' bar and a shift in distribution toward more restaurants exceeding standards.
Infinity Kitchen (IK) Performance
Established Infinity Kitchens delivered higher AUVs and labor savings of more than 700 basis points versus comparable classic stores; ended the year with 30 IK locations (later referenced as 32 in Q1).
Menu Innovation and New Platforms (Wraps)
Most robust innovation pipeline in company history; Wraps began testing (8-store rapid ops test → ~68-store market pilot) with early feedback encouraging; pricing starts at $10.95 (sub-$15 across markets) and company expects potential mid-2026 expansion if stage-gate criteria met.
Loyalty & Digital Engagement Wins
Scan-to-pay represents ~20% of in-store transactions; loyalty members who transact both digitally and in-store visit nearly 2x more frequently than digital-only customers; $10 'Tis the Season Harvest Bowl was the highest performing reactivation promotion to date.
Culinary Execution Improvements
Targeted food quality initiatives (e.g., Miso My Salmon) improved salmon velocity by ~20%; other recipe and preparation enhancements rolled out for chicken, quinoa, rice and slaws to boost guest satisfaction and repeat visits.
Balance Sheet and Non-Operating Cash Inflow
Ended the quarter with $89.2 million in cash and closed sale of Spyce, receiving $100 million in cash proceeds, strengthening near-term liquidity.
2026 Guidance Framework
Management provided FY2026 guidance: same-store sales decline of -4% to -2% (expecting improvement through year), restaurant-level margin 14.2%–14.7%, adjusted EBITDA $1 million–$6 million, and ~15 net new restaurants planned with ~half featuring Infinite Kitchen technology.
SG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $6.14 | $5.55 | -9.61% |
Nov 06, 2025 | $6.25 | $5.78 | -7.52% |
Aug 07, 2025 | $12.66 | $9.74 | -23.06% |
May 08, 2025 | $18.17 | $15.23 | -16.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sweetgreen (SG) report earnings?
Sweetgreen (SG) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).
What is Sweetgreen (SG) earnings time?
Sweetgreen (SG) earnings time is at Apr 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SG EPS forecast?
SG EPS forecast for the fiscal quarter 2026 (Q1) is -0.21.
