Sweetgreen Aktie News

Sweetgreen plunged after missing estimates again in its third-quarter earnings report. The stock is down nearly 90% from its peak less than a year ago.

Fast-casual salad chain Sweetgreen's struggles worsened in its third quarter this year, as same-store sales declined 9.5% due to an 11.7% drop in foot traffic, reflecting mounting losses. Sweetgreen announced the sale of its robotics unit, Spyce, to mealtime platform Wonder for $186.4 million, after it acquired Spyce in 2021 to build its "Infinite Kitchens.

COSTA MESA, Calif.--(BUSINESS WIRE)--Sweetgreen, the mission-driven restaurant brand serving healthy food at scale, today announced the opening of its first-ever Infinite Kitchen sweetlane location in Costa Mesa (280 Bristol St, Costa Mesa, CA 92626) on Tuesday, November 18. The new restaurant marks an evolution in Sweetgreen's reimagining of fast food—blending its signature in-store hospitalit...

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen today announced the next evolution in its mission to connect more people to real food that strengthens and nourishes. As consumers increasingly prioritize protein as the cornerstone of wellness, the brand is introducing a new macronutrient tracking tool across its digital platforms, building on earlier menu upgrades that made Sweetgreen's menu even more ...

Sweetgreen shares fell 8% after Q3 results showed a sharp deceleration in same-store sales growth, reflecting broader restaurant sector weakness. SG stock has lost nearly 90% of its value in the past year, but this is attributed to macroeconomic headwinds rather than changing consumer preferences. The sale of Spyce and its Infinite Kitchen technology for $186 million provides SG with needed cas...

Restaurant chain Sweetgreen has been struggling to grow its sales. Profitability has also been an ongoing problem.

Sweetgreen, Inc. ( SG ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Rebecca Nounou - Head of Investor Relations Jonathan Neman - Co-Founder, Chairman, President & CEO Jamie McConnell - Chief Financial Officer & Accounting Officer Conference Call Participants Brian Mullan - Piper Sandler & Co., Research Division Jon Tower - Citigroup Inc., Research Division Andrew Cha...

LOS ANGELES--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG), the mission-driven restaurant brand connecting more people to real food, today announces that it has entered into an agreement with Wonder, the fast-growing mealtime platform, to sell the company's Spyce business responsible for developing and launching Infinite Kitchen technology. The $186.4 million sale represents a strategic mileston...