Q1: 2026-05-07 Earnings Summary

EPS of -$0.21 misses by $0.03

 | Revenue of $161.52M (-2.88% Y/Y) misses by $1.99M

Sweetgreen, Inc. (SG) Q1 2026 Earnings Call May 7, 2026 5:00 PM EDT

Company Participants

Rebecca Nounou – Head of Investor Relations
Jonathan Neman – Co-Founder, Chairman, President & CEO
Jamie McConnell – CFO & Treasurer

Conference Call Participants

Michael Tamas – Oppenheimer & Co. Inc., Research Division
Sharon Zackfia – William Blair & Company L.L.C., Research Division
Jon Tower – Citigroup Inc., Research Division
Zachary Ogden – TD Cowen, Research Division
Rahul Krotthapalli – JPMorgan Chase & Co, Research Division
Kelly Anne Merrill – Morgan Stanley, Research Division
Brian Mullan – Piper Sandler & Co., Research Division

Presentation

Operator

Ladies and gentlemen, thank you for joining us and welcome to the Sweetgreen, Inc. First Quarter 2026 Earnings Call. [Operator Instructions]

I will now hand the conference over to Rebecca Nounou, Vice President, Head of Investor Relations. Please go ahead.

Rebecca Nounou
Head of Investor Relations

Thank you, everyone, and good afternoon. Speaking on today’s call will be Jonathan Neman, Co-Founder and Chief Executive Officer; and Jamie McConnell, Chief Financial Officer. Both will be available for questions during the Q&A session following the prepared remarks.

Today’s call is being webcast live and recorded for replay. The earnings release is available on the Investor Relations section of Sweetgreen’s website at investor.sweetgreen.com.

I’d like to remind everyone that the information under the heading Forward-Looking Statements included in our earnings release also applies to our comments made during the call. These forward-looking statements are based on information as of today, and we assume no obligation to publicly update or revise our forward-looking statements. We also direct you to our earnings release for additional information regarding our use of non-GAAP financial measures, including reconciliations of non-GAAP financial measures mentioned on the call with their corresponding GAAP measures. Our earnings release can be found on our investor website.

And now I’ll

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