Sweetgreen Inc (NYSE:SG)

Q1 2025 Sweetgreen Inc Earnings Call Transcript

May 8, 2025 / 09:00 PM GMT

Release Date Price: $18.17 (+1.57%)

Transcript 8-K10-Q

Key Points

Positve

Sweetgreen Inc (SG) reported sales of $166.3 million for the first quarter, which was toward the higher end of their guidance range.
The company achieved a restaurant-level profit margin of 17.9% and slight adjusted EBITDA profitability, both above their provided outlook.
Sweetgreen Inc (SG) opened five new restaurants in various markets, demonstrating confidence in their real estate strategy and long-term growth opportunities.
The Infinite Kitchen format is delivering strong results, showing meaningful margin leverage and higher native digital sales.
The nationwide launch of the SG Rewards loyalty program has seen strong adoption, adding 20,000 new digital customers per week.

Negative

Same-store sales declined by 3.1% in the first quarter, reflecting a negative impact from traffic and mix.
April sales trends were soft, attributed to a broader consumer slowdown, particularly in major markets like New York, Boston, and Los Angeles.
The macro environment remains uncertain and volatile, with consumer sentiment falling sharply.
Tariffs are expected to impact supply chain costs, restaurant build-out costs, and the Infinite Kitchen, potentially increasing costs by 10%.
Operational inconsistencies in service, speed, and portioning highlight the need for sharper discipline and tighter systems integration.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SG.N - Sweetgreen Inc
Q1 2025 Sweetgreen Inc Earnings Call
May 08, 2025 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by. My name is Kenna, and I will be your conference operator today. At this time, I would like to welcome everyone to the Sweet Green Incorporated 1st quarter 2025 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. We respectfully ask that you keep your questions to one. To withdraw your question, press star one again.

Thank you. I would now like to turn the call over to Rebecca Nunu. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.