Every material Form 8-K Sweetgreen, Inc. has filed with the SEC since August 06, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Sweetgreen reported third-quarter fiscal 2026 revenue of $176.0 million, up 2.1%, with same-store sales down 6.4% and a net loss of $30.7 million, narrower than the prior year's $36.1 million. Adjusted EBITDA was a loss of $6.8 million, wider than the $4.4 million loss a year earlier, and the company updated its full-year fiscal 2026 outlook, including adjusted EBITDA between a $23.0 million and a $20.0 million loss. The filing does not state the prior outlook, so the change in guidance cannot be measured against it.
Q3 revenue $176.0 million, up 2.1%; same-store sales change (6.4)% versus (9.5)% a year earlier
Net loss $30.7 million versus $36.1 million; adjusted EBITDA loss $6.8 million versus $4.4 million
Restaurant-level profit margin 10.4%, down 270 basis points from 13.1%
Updated fiscal 2026 outlook: about (5.5)% same-store sales change, 11.0% to 11.5% restaurant-level profit margin, and about 10 net new restaurant openings
Sweetgreen's board and Compensation Committee approved a Severance Plan effective August 27, 2026, and all executive officers signed participation agreements that day. The plan sets lump-sum severance and benefits for designated employees if they are terminated without cause or resign for good reason, with larger payouts if this happens within 12 months after a change in control.
Effective date of the Severance Plan is August 27, 2026.
CFO Jamie McConnell and COO Jason Cochran are Tier II Participants: 1 and 0.5 times annual base salary in the same circumstances.
The plan supersedes existing severance provisions in employment agreements unless a participation agreement states otherwise.
Sweetgreen reported second-quarter 2026 revenue up 3.8% to $192.7 million, but same-store sales fell 6.2%, the net loss widened to $26.3 million from $23.2 million, and restaurant-level profit margin dropped to 13.1% from 18.9%. The company updated its fiscal 2026 outlook, citing reduced consumer demand for fresh prepared foods after a multistate cyclosporiasis outbreak that began in mid-July. For shareholders, the results show profitability still under pressure and a weaker expected year.
Revenue of $192.7 million rose 3.8%, but same-store sales fell 6.2%, with traffic down 2.0% and product mix down 4.2%.
Net loss was $26.3 million, or $(0.22) per share, versus a net loss of $23.2 million a year earlier.
Adjusted EBITDA was $(0.2) million, compared with $6.4 million in the prior-year quarter.
For fiscal 2026, the company expects same-store sales of (8.0)% to (7.0)% and adjusted EBITDA of $(27.0) million to $(23.0) million.
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