Sweetgreen Reports Significant Sales and Margin Declines
Sweetgreen (SG) posted a 12.8% decline in comparable sales for Q1 2026 amid shrinking profit margins, with revenue falling to $161.5 million—below estimates—and GAAP operating loss widening to $34.3 million. The company expects improvement later this year and recently launched wraps nationally as a potential turnaround strategy.
Tickers: $SG
Topics: comparable sales profit margin revenue decline stock performance