SG · NYSE · Restaurants

Sweetgreen (SG)

Sells salads, bowls, wraps, catering, and workplace meals through company-owned U.S. restaurants.

$7.62
vs last close+0.13 (+1.80%)
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Sweetgreen, Inc.SG
Consumer Discretionary

Operates company-owned U.S. restaurants selling salads, bowls, wraps, drinks, catering, and Outpost workplace meals. Revenue comes from one domestic food-and-beverage stream, with digital ordering and delivery central to how customers reach the brand.

Runs a company-owned fast-casual restaurant system in the United States, with a menu centered on Protein Plates, bowls, wraps, salads, sides, desserts, and beverages. Catering and Outpost add office and group-order occasions around the same food platform.

Digital ordering, delivery, and site selection tie the model to workplace and residential demand rather than franchise or international licensing. The brand identity emphasizes real food, scratch preparation, seasonal ingredients, and supplier relationships.

After selling Spyce, future Infinite Kitchen use depends on a long-term supply and services agreement with Wonder, while the public company still reports a single U.S. restaurant revenue stream.

Company facts

CEOJonathan Neman
ListedNov 18, 2021
ExchangeNYSE
HeadquartersLos Angeles, CA
CountryUnited States
Employees6,486
CIK0001477815
ISINUS87043Q1085

Market cap$888.8M
EPS (ttm)$0.1000
P/E (ttm)74.80
ROE3.2%
P/B1.90
P/S1.30
Dividend yieldDiv yield
Beta1.10vs XLY 1.50

Price target$7.00−6.4%Average of 18 analysts
ConsensusHold11 of 18 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 8, 2026KeybancUpgrade
Rating: Sector Weight
Rating: Overweight
Sep 7, 2026KeyBancUpgrade
Rating: Sector WeightTarget:
Rating: OverweightTarget: $9
Aug 10, 2026DA DavidsonReiterate
Rating: Target: $7
Rating: NeutralTarget: $5.50
Aug 7, 2026RBC CapitalReiterate
Rating: Target: $8
Rating: OutperformTarget: $6.50
May 22, 2026JP MorganUpgrade
Rating: Neutral
Rating: Overweight

Next report
Nov 5, 26
in 44 days
EPS estimate
−$0.28
Revenue estimate
$168.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.25−$0.21−$0.20−$0.27−$0.42−$0.27−$0.22Pending
Estimate−$0.21−$0.21−$0.12−$0.18−$0.31−$0.23−$0.13−$0.28
Surprise−19.0%0.0%−66.7%−50.0%−35.5%−17.4%−69.7%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$160.9M$166.3M$185.6M$172.4M$155.2M$161.5M$192.7MPending
Estimate$164.7M$205.6M$193.4M$159.6M$158.8M$163.9M$194.5M$168.1M
Surprise−2.3%−19.1%−4.1%+8.0%−2.3%−1.5%−0.9%
Estimate−$0.28
ReportedDue Nov 5, 2026
Estimate$168.1M
ReportedDue Nov 5, 2026
View details

Debt to equity76.00%
Current ratio143.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$173.4M$160.9M$166.3M$185.6M$172.4M$155.2M$161.5M$192.7M
Net income−$20.8M−$29.0M−$25.0M−$23.2M−$36.1M−$49.7M$125.8M−$26.3M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%77.9%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$21.2M−$31.4M−$28.5M−$26.4M−$26.7M−$41.6M−$31.7M−$27.4M
YoY growthLoss narrowedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 28, 2026Cash & short-term investments $142.6M · Total debt $355.4M · Total assets $895.7M · Shareholders' equity $467.6M

Revenue
$192.7M
Operating income
−$27.4M
Net income
−$26.3M
View details

No dividends on record.

Institutions81.59%96.92M shares
259 holders · as of Jun 30, 2026
Insiders23.87%28.36M shares
9 holders · as of Aug 18, 2026
Adds to105.46%

118.80M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 105.46%; nothing is left for Other.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Baillie Gifford & CoInstitution
8.55%10.16M Aas of Jun 30, 2026
BlackRock, Inc.Institution
7.01%8.32M Aas of Jun 30, 2026
Jonathan Neman1Insiderdirector, officer: CHIEF EXECUTIVE OFFICER
6.88%1.99M A · 3.55M B · 50,000filed Feb 14, 2022
Nicolas Jammet1Insiderdirector, officer: Chief Concept Officer
5.54%1.84M A · 3.14M B · 3.71Mfiled Feb 14, 2022
Nathaniel Ru2,3Insiderdirector
5.53%1.81M A · 3.81Mfiled Feb 14, 2022
  1. The filed share classes (A, B, COMMON) could not be matched to the company's, so no percentage.
  2. Nathaniel Ru reports a block also reported by Point72 Asset Management, L.P.; it is counted once, under Point72 Asset Management, L.P.
  3. The filed share classes (A, COMMON) could not be matched to the company's, so no percentage.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 18, 2026Jamie McConnellofficer: Chief Financial Officer−2,802$8.00
Aug 17, 2026Jamie McConnellofficer: Chief Financial Officer−15,033$6.21
Aug 17, 2026Jason Miles Cochranofficer: Chief Operating Officer−4,809$6.21
May 18, 2026Jason Miles Cochranofficer: Chief Operating Officer−30,076$7.99
Apr 7, 2026Goldman Sachs Group Inc10 percent owner+593,652$5.69
View details

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Compare

CompanyPriceChange
Sweetgreen$7.62+1.80%$888.8M74.81.3+3.8%
CAVA$53.18+2.27%$6.06B94.386.54.4+31.3%
Chipotle Mexican Grill$32.93−0.63%$42.48B30.426.03.4+9.3%
McDonald's$251.39+1.42%$176.12B20.118.96.4+3.7%
DoorDash$193.67−0.08%$84.46B101.555.55.3+35.6%
Starbucks$95.19+0.31%$108.19B54.531.92.8−1.4%
Uber$70.25−0.83%$144.20B15.618.12.6+12.2%
Shake Shack$58.23+2.23%$2.30B60.447.31.5+17.2%
Median54.531.93.4+12.2%