Sweetgreen, Inc. — Third Quarter 2026 Earnings Summary

Sweetgreen, Inc. reported third-quarter 2026 total revenue of $176.0 million, representing a 2.1% increase from the prior year period. The company posted a net loss of $30.7 million, driven by a 6.4% decline in same-store sales and higher labor expenses, though the loss from operations margin improved to 18.1%. Adjusted EBITDA for the quarter was negative $6.8 million, while the company opened three new restaurants and updated its full-year outlook to project approximately 10 net new openings and same-store sales changes of roughly 5.5%.