Sweetgreen reported Q4 FY2025 revenue of USD 155.2 million (-3.5%) and a same-store sales change of -11.5%. Digital revenue represented 65.1% of revenue and owned digital revenue represented 38.0%. The company posted a loss from operations of USD 48.1 million and a net loss of USD 49.7 million, while restaurant-level profit was USD 16.2 million (10.4% margin) and adjusted EBITDA was a loss of USD 13.3 million (-8.6% margin). Sweetgreen opened 15 net new restaurants in the quarter. For FY2025, Sweetgreen reported revenue of USD 679.5 million (+0.4%) with a same-store sales change of -7.9%. Digital revenue represented 61.8% of revenue and owned digital revenue represented 34.6%. Loss from operations was USD 139.3 million and net loss was USD 134.1 million; restaurant-level profit was USD 103.5 million (15.2% margin) and adjusted EBITDA was a loss of USD 11.0 million (-1.6% margin). Sweetgreen opened 35 net new restaurants during FY2025. On corporate and business updates, Sweetgreen said it is moving forward with its “Sweet Growth Transformation Plan,” and is testing wraps in select New York, Midwest and California restaurants, with prices starting at USD 10.95 at certain New York City locations and the full lineup priced below USD 15 across markets for in-store and pickup orders; if stage-gate criteria are met, it expects to expand the platform in mid-2026. The company also said it completed the sale of Spyce to Wonder after year-end for total consideration of USD 186.4 million (USD 100 million cash and Series C preferred stock with an implied value of USD 86.4 million) and will continue deploying Infinite Kitchen technology under agreements with Wonder. For FY2026, Sweetgreen guided to approximately 15 net new restaurant openings, same-store sales change of -4.0% to -2.0%, restaurant-level profit margin of 14.2% to 14.7%, and adjusted EBITDA of USD 1.0 million to USD 6.0 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sweetgreen Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260226803934) on February 26, 2026, and is solely responsible for the information contained therein.