Sweetgreen Inc

For the period ended Mar 31, 2024. Filed May 10, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 10, 2024

SG$13.36+11.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except share and per share amounts)

	Thirteen weeks ended
	March 31,2024	March 26,2023
Revenue	$157,850	$125,062
Restaurant operating costs (exclusive of depreciation and amortization presented separately below):
Food, beverage, and packaging	43,718	35,587
Labor and related expenses	45,766	39,243
Occupancy and related expenses	14,448	12,630
Other restaurant operating costs	25,381	20,665
Total restaurant operating costs	129,313	108,125
Operating expenses:
General and administrative	36,865	34,907
Depreciation and amortization	16,427	13,110
Pre-opening costs	1,432	3,366
Impairment and closure costs	157	190
Loss on disposal of property and equipment	66	48
Restructuring charges	505	638
Total operating expenses	55,452	52,259
Loss from operations	(26,915)	(35,322)
Interest income	(3,016)	(3,062)
Interest expense	19	21
Other expense	2,059	1,058
Net loss before income taxes	(25,977)	(33,339)
Income tax expense	90	318
Net loss	$(26,067)	$(33,657)
Earnings per share:
Net loss per share basic and diluted	$(0.23)	$(0.30)
Weighted average shares used in computing net loss per share basic and diluted	112,772,776	111,297,064

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.