Sweetgreen, Inc. Announces Third Quarter 2026 Financial Results
Business Wire•05/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $176.0 million, up 2.1% year over year
- ➤Same-store sales declined 6.4%, with traffic down 4.9%
- ➤Q3 net loss narrowed to $30.7 million from $36.1 million
- ➤Adjusted EBITDA loss widened to $6.8 million from $4.4 million
- ➤Fiscal 2026 guidance calls for Adjusted EBITDA loss of $23.0-$20.0 million
Expert Statements
Jonathan Neman, Co-Founder and Chief Executive Officer of Sweetgreen
“We believe our Sweet Growth Transformation Plan is beginning to take hold, with sales improving through the quarter and positive comparable sales in October, primarily driven by transaction growth.”
Jonathan Neman, Co-Founder and Chief Executive Officer of Sweetgreen
“We are confident in our plan to build on this progress by investing in our restaurant teams, delivering a consistently great customer experience and expanding our menu with bold, craveable food.”
Jonathan Neman, Co-Founder and Chief Executive Officer of Sweetgreen
“Our focus is clear: bring more customers into sweetgreen and give them more reasons to come back.”
Sweetgreen, Inc. Announces Third Quarter 2026 Financial Results
Sweetgreen, Inc. (NYSE: SG) (the “Company”), the mission-driven, next-generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its third fiscal quarter ended September 27, 2026.
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