Sweetgreen, Inc. SEC filings document operating results, governance matters, executive leadership changes, material agreements, and capital-structure disclosures for the restaurant company. Its Form 8-K reports commonly furnish quarterly and fiscal-year results, including revenue trends, same-store sales, digital revenue, restaurant-level profit, adjusted EBITDA, and related non-GAAP reconciliations.
The company’s proxy materials cover annual meeting proposals, board elections, stockholder voting procedures, executive compensation, and corporate governance. Other current reports record officer appointments, compensatory arrangements, and material-event disclosures affecting Sweetgreen’s public-company reporting profile.
Sweetgreen reported quarterly net income of $125.8 million, largely driven by a $160.6 million gain on the sale of its Spyce Infinite Kitchen business to Wonder. Core operations remained pressured, with revenue of $161.5 million, down 2.9% year over year, and an operating loss of $34.3 million.
Same-store sales fell 12.8% as traffic declined 11.2% and mix softened amid higher promotions and the shift to the SG Rewards program. Average unit volume slipped to $2.57 million, while restaurant-level costs rose as a percentage of sales due to inflation and deleverage. The company ended the quarter with 285 restaurants, 4 net new openings, and cash and cash equivalents of $156.8 million, bolstered by $100 million in Spyce sale cash proceeds and an $86.4 million equity stake in Wonder. Digital channels remained strong, contributing 67.2% of revenue, with owned digital at 38.9%.
Sweetgreen, Inc. reported first quarter 2026 results showing weaker restaurant performance but a large one-time gain from the Spyce sale. Revenue fell 2.9% to $161.5 million as Same-Store Sales declined 12.8%, driven mainly by lower traffic and more promotional activity.
Loss from operations widened to $(34.3) million, and Restaurant-Level Profit Margin compressed to 10.0% from 17.9%, reflecting higher ingredient usage, investments in protein portions, and loyalty promotions. Adjusted EBITDA turned to a loss of $(8.1) million from a small profit a year ago.
Despite these pressures, Sweetgreen reported net income of $125.8 million, versus a prior net loss, primarily due to a $160.6 million gain on disposal from the Spyce sale and related equity consideration. Management highlighted early progress on its Sweet Growth Transformation Plan and the nationwide launch of Wraps, which they said supported guest acquisition and April momentum.
For fiscal 2026, the company guides to 13 Net New Restaurant Openings (about half with its Infinite Kitchen format), Same-Store Sales Change between (4.0)% and (2.0)%, Restaurant-Level Profit Margin of 14.2% to 14.7%, and Adjusted EBITDA between $1.0 million and $6.0 million.
Neuberger Berman Group LLC reports shared beneficial ownership of 5,854,091 shares of Sweetgreen Class A common stock, representing 5.4% of the class as of 03/31/2026. The filing states the reported total includes shares the reporting persons have the right to acquire within 60 days, including upon exercise of options. The filing attributes voting and dispositive authority as shared among affiliated Neuberger entities and disclaims economic interest for client accounts.
Sweetgreen, Inc. ownership filing shows that Woodson Capital and related entities report no beneficial ownership of Class A Common Stock. The filing lists 0 shares and 0.00% ownership. Signatures on the amendment are dated 05/06/2026.
Sweetgreen, Inc. is holding its 2026 Annual Meeting of Stockholders as a virtual-only audio webcast on June 11, 2026 at 9:00 a.m. Pacific Time. Stockholders of record on April 13, 2026 may vote on director elections, auditor ratification, and an advisory say‑on‑pay proposal.
The company has a dual‑class structure with 118,821,743 shares outstanding as of the record date, including 106,928,185 Class A shares with one vote each and 11,893,558 Class B shares with ten votes each. The board proposes re‑electing nine directors, ratifying Deloitte & Touche LLP as independent auditor, and approving named executive officer compensation.
The proxy details board and committee composition, governance policies, stock ownership guidelines, insider trading and hedging restrictions, non‑employee director pay, and the 2025 executive pay program, which combines base salary, a performance‑based annual bonus tied to same‑store sales and restaurant‑level margin, and long‑term equity awards.
Goldman Sachs Group Inc. and Goldman Sachs & Co. LLC reported a series of open-market purchases of Sweetgreen, Inc. Class A Common Stock. On April 7, 2026, Goldman Sachs, acting as a market maker, bought an aggregate of 594,553 shares at prices generally around $5.65–$5.72 per share, increasing their indirect holdings to 11,900,255 shares.
The shares are held directly by Goldman Sachs and indirectly by GS Group, which each disclaim beneficial ownership beyond any pecuniary interest. The reporting persons state that any profit potentially recoverable under Section 16(b) from these trades will be remitted to Sweetgreen. They also report that on April 8, 2026, they ceased to be a greater than 10% beneficial owner of Sweetgreen’s Class A Common Stock.
Goldman Sachs Group Inc. and Goldman Sachs & Co. LLC have reported themselves as greater-than-10% beneficial owners of Sweetgreen, Inc. Class A Common Stock. The filing shows 10,741,799 shares of Class A Common Stock beneficially owned indirectly following this holding entry, with ownership held directly by Goldman Sachs and indirectly by GS Group. The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
Sweetgreen, Inc. reported beneficial ownership filings from Woodson-affiliated entities holding 6,700,000 shares of Class A common stock. The filing (Schedule 13G/A) shows Woodson Capital Management and related entities share dispositive and voting power over 6,700,000 shares, representing 6.27% of the class.
The cover page also lists Woodson Capital Master Fund with 6,177,401 shares (5.78%). Signatures include James W. Davis and the fund's compliance officer; the filing is dated in April 2026.
Sweetgreen Inc ownership disclosure: The Vanguard Group filed an amendment stating it beneficially owns 0 shares of Common Stock, representing 0% of the class as reported. The amendment explains an internal realignment of Vanguard subsidiaries on January 12, 2026 that resulted in disaggregated reporting under SEC Release No. 34-39538.
The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/27/2026.