Sweetgreen Inc Stock Price, News & Analysis

Sweetgreen (NYSE: SG) announced the retirement of CFO Mitch Reback and appointment of Jamie McConnell as the new Chief Financial Officer, effective September 21 and 22, 2025, respectively. Reback, who served as CFO since 2015, will remain as an advisor for six months to support the transition.

Under Reback's decade-long tenure, Sweetgreen evolved from a regional chain to a national brand, successfully transitioning to a public company. The incoming CFO, Jamie McConnell, brings over 20 years of financial leadership experience, most recently serving as Chipotle's Chief Accounting and Administrative Officer. She previously held senior finance roles at Aviation Capital Group, Rent-A-Center, Allergan, and Deloitte.

Sweetgreen (NYSE:SG) has appointed Zipporah 'Zip' Allen as its new Chief Commercial Officer, effective September 2nd, 2025. Allen brings over 20 years of executive leadership experience in restaurant and technology sectors.

Prior to joining Sweetgreen, Allen served as Chief Business Officer at Strava, where she increased the platform's community by 45% to over 150 million members. At Taco Bell, as Global Chief Digital Officer, she grew digital transactions from 3% to over 20% of sales and built a loyalty program with 12 million customers, improving profit per customer by 46%. She also previously served as Chief Marketing Officer at Pizza Hut.

Sweetgreen (NYSE:SG) has launched the latest installment of its "Faces of the Farm" original content series, highlighting Drake Family Farms, a California-based goat cheese producer and long-term partner. The campaign, celebrating National Goat Cheese Month, features founder Dan Drake and showcases the decade-long partnership that began at a farmers market.

The content series includes a Times Square billboard debut and an upcoming special event at Sweetgreen's Silverlake restaurant on August 23, 2025, where customers can meet Dan Drake and his goats. Additionally, Sweetgreen introduced its summer seasonal menu featuring Drake Family Farms' goat cheese in two new dishes: the Peach + Goat Cheese bowl and the Elote Bowl, alongside a new Chicken Caprese option.

Sweetgreen (NYSE: SG) reported mixed Q2 2025 financial results with total revenue of $185.6 million, up just 0.5% year-over-year. The company faced significant challenges, including a negative 7.6% same-store sales decline and increased losses, with net loss widening to $(23.2) million from $(14.5) million year-over-year.

The company's Restaurant-Level Profit Margin decreased to 18.9%, down 360 basis points, while digital revenue grew to 60.8% of total sales. Sweetgreen opened 9 new restaurants during the quarter and updated its FY2025 guidance, projecting revenue between $700-715 million and at least 40 new restaurant openings.

Sweetgreen (NYSE: SG) is celebrating the 18th anniversary of its iconic Guacamole Greens salad with a special promotion for SG Rewards members. On August 1, 2025, members can receive free avocado with any entree purchase through the app, website, or in-store.

The Guac Greens salad, featuring roasted chicken, grape tomatoes, crisp greens, tortilla chips, and avocado with lime cilantro jalapeño vinaigrette, has been a customer favorite since the company's founding in 2007. Originally called "Guac Deconstructed," the salad was inspired by co-founder Nicolas Jammet's desire to reinvent guacamole as a healthy dish.

Starting from a single 560-square-foot restaurant, Sweetgreen built its supply chain through local farmer relationships at the Dupont Circle Farmers Market in D.C., many of which continue today.

Sweetgreen (NYSE: SG) has scheduled its second quarter 2025 financial results announcement for Thursday, August 7, 2025, after market close. The company will host a webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss business performance and financial results.

The earnings call will be accessible through the investor relations section of Sweetgreen's website. An archived version will remain available for approximately one year following the call.

Sweetgreen (NYSE:SG) announces its Summer Seasonal Menu launching nationwide on July 8, 2025, with early access for SG Rewards members on July 7. The limited-time menu features the return of two fan favorites - the Peach + Goat Cheese and Elote Bowl - alongside a new Chicken Caprese offering.

The menu emphasizes farm-to-table partnerships, notably with Frog Hollow Farm in California, which has supplied over 33,000 lbs of peaches since 2021. Additional sourcing partners include Lady Moon Farms for tomatoes, Ray's Heritage Farm for corn, Lipman Family Farms for bell peppers, and BelGioioso for pearl mozzarella.

To promote the seasonal menu, Sweetgreen plans exclusive partnerships, local activations, and special events, with priority access for SG Rewards members in select cities.

Sweetgreen (NYSE: SG) has announced its participation in two upcoming investor conferences in June 2025. The company will present at the TD Cowen 9th Annual Future of the Consumer Conference on June 3 at 8:45am ET, followed by the William Blair 45th Annual Growth Stock Conference on June 4 at 10:40am CT. Both presentations will be available via live webcasts and replays on Sweetgreen's investor relations website at investor.sweetgreen.com.

Sweetgreen (NYSE: SG) has announced its expansion into Arkansas, marking its debut in the state with two strategic locations. The first restaurant will open in Fayetteville at the South Yard development (2,422 sq ft), followed by a second location at Walmart's New Home Office in Bentonville (3,275 sq ft).

The fast-casual restaurant chain, known for its salads, bowls, and protein plates, is part of a broader national expansion plan that includes new markets such as Sacramento, Phoenix, and Cincinnati in 2025. Sweetgreen aims to grow its footprint by 15-20% annually, with plans to open at least 40 new restaurants this year, including 20 featuring its proprietary Infinite Kitchen technology.