Shares of casual salad chain Sweetgreen (NYSE:SG)
fell 27.2% in the morning session after the company reported disappointing second-quarter financial results and slashed its full-year guidance. The salad chain missed analyst estimates on both the top and bottom lines, reporting second-quarter revenue of approximately $185.6 million and a loss of $0.20 per share. A key factor in the weak results was a 7.6% year-over-year decline in same-store sales, which measures revenue growth at existing restaurants and reflects weaker customer traffic. Compounding the issue, Sweetgreen significantly cut its full-year 2025 revenue guidance. The company now forecasts revenue between $700 million and $715 million, down from a previous range of $740 million to $760 million.
Looking for insights into the US markets in the middle of the day on Friday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Shares of Sweetgreen are trading sharply lower Friday morning. The company reported weaker-than-expected Q2 results and cut its full-year revenue forecast.
Sweetgreen led the chatter on Stocktwits for the most discussed consumer and retail company, with a whopping 4,000% jump in the last 24 hours following its quarterly report.
Casual salad chain Sweetgreen (NYSE:SG) missed Wall Street’s revenue expectations in Q2 CY2025, with sales flat year on year at $185.6 million. The company’s full-year revenue guidance of $707.5 million at the midpoint came in 4.4% below analysts’ estimates. Its GAAP loss of $0.20 per share was 64.3% below analysts’ consensus estimates.
Sweetgreen shares are tanking in Thursday's after-hours session after the company turned in worse-than-expected financial results and cut its full-year guidance.
Sweetgreen, Inc. (NYSE: SG) (the “Company”), the mission-driven, next-generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its second fiscal quarter ended June 29, 2025.
A number of stocks fell in the afternoon session after a surprisingly weak U.S. jobs report and renewed fears over international trade policy fueled concerns about a slowdown in consumer spending.
