Sweetgreen, Inc.
For the period ended Sep 28, 2025. Filed Nov 7, 2025.
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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.
Sep 28, 2025 · Filed Nov 7, 2025
SG$13.36+11.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Thirteen weeks ended | Thirty-nine weeks ended | |||
|---|---|---|---|---|
| September 28,2025 | September 29,2024 | September 28,2025 | September 29,2024 | |
| Revenue | $172,393 | $173,431 | $524,280 | $515,922 |
| Restaurant operating costs (exclusive of depreciation and amortization presented separately below): | ||||
| Food, beverage, and packaging | 52,894 | 47,706 | 148,330 | 141,307 |
| Labor and related expenses | 50,157 | 47,520 | 149,272 | 142,954 |
| Occupancy and related expenses | 16,557 | 15,054 | 48,669 | 44,523 |
| Other restaurant operating costs | 30,271 | 28,210 | 90,683 | 82,141 |
| Total restaurant operating costs | 149,879 | 138,490 | 436,954 | 410,925 |
| Operating expenses: | ||||
| General and administrative | 30,900 | 36,777 | 103,742 | 112,844 |
| Depreciation and amortization | 18,304 | 16,905 | 53,406 | 50,069 |
| Pre-opening costs | 2,789 | 1,759 | 7,019 | 4,295 |
| Impairment and closure costs | 4,578 | 114 | 10,008 | 388 |
| Loss on disposal of property and equipment | 1,109 | 63 | 1,226 | 178 |
| Restructuring charges | 1,108 | 498 | 3,159 | 1,497 |
| Total operating expenses | 58,788 | 56,116 | 178,560 | 169,271 |
| Loss from operations | (36,274) | (21,175) | (91,234) | (64,274) |
| Interest income | (1,498) | (2,754) | (5,126) | (8,690) |
| Interest expense | 7 | 26 | 12 | 242 |
| Other expense (income) | 1,273 | 2,279 | (2,047) | 5,247 |
| Net loss before income taxes | (36,056) | (20,726) | (84,073) | (61,073) |
| Income tax expense | 90 | 90 | 270 | 270 |
| Net loss | $(36,146) | $(20,816) | $(84,343) | $(61,343) |
| Earnings per share: | ||||
| Net loss per share basic and diluted | $(0.31) | $(0.18) | $(0.72) | $(0.54) |
| Weighted average shares used in computing net loss per share basic and diluted | 118,282,536 | 114,752,307 | 117,804,955 | 113,743,453 |
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