Brief: Sweetgreen Q2 Revenue USD 185.6 Million Vs. IBES Estimate USD 192.1 Million

SWEETGREEN

07/08/2025 21:22

Overview

Sweetgreen fiscal Q2 revenue rises 0.5% yr/yr, missing analyst expectations, per LSEG data

Adjusted EBITDA for fiscal Q2 misses consensus, reflecting operational challenges

Net loss widened due to increased impairment and closure costs

Outlook

Sweetgreen expects FY 2025 revenue between $700 mln and $715 mln

Company anticipates Same-Store Sales Change of -6% to -4% for FY 2025

Sweetgreen plans at least 40 Net New Restaurant Openings in FY 2025

Company forecasts FY 2025 Adjusted EBITDA between $10 mln and $15 mln

Result Drivers

REVENUE DRIVERS - Revenue increase driven by new restaurant openings, offset by decline in comparable restaurant sales

SAME-STORE SALES - Negative 7.6% change due to 10.1% decrease in traffic and product mix, partially offset by price increases

COST PRESSURES - Increased restaurant-level advertising spend and impairment costs impacted operational margins

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$185.60 mln
$192.10 mln (13 Analysts)
Q2 Adjusted EBITDA
Miss
$6.40 mln
$10.90 mln (12 Analysts)
Q2 EBIT
Miss
-$26.40 mln
-$14.20 mln (11 Analysts)
Q2 Adjusted EBITDA Margin
3.5%
Q2 Basic EPS
-$0.2


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for Sweetgreen Inc is $19.00, about 35.2% above its August 6 closing price of $12.32

Press Release: ID:nBw1Ff6yVa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)