Sweetgreen Shares Drop 7.1% After Q4 Revenue Decline and Lower EBITDA Guidance
Sweetgreen’s shares fell 7.1% after Q4 2025 revenue declined 3.5% year-over-year to $155.2 million and same-store sales dropped 11.5%. GAAP loss per share widened to $0.42 and management forecast 2026 adjusted EBITDA of $3.5 million, below the $4.98 million consensus.
1. Q4 2025 Financial Performance
Sweetgreen reported Q4 2025 revenue of $155.2 million, a 3.5% decrease from the prior year, missing consensus estimates and reflecting soft consumer demand in the quarter.
2. Same-Store Sales Decline
The chain’s same-store sales fell 11.5% in Q4, marking the steepest drop in recent quarters and signaling challenges in driving repeat visits.
3. Widening GAAP Loss
The company recorded a GAAP loss per share of $0.42 in Q4, widened from a $0.25 loss per share in the same period last year.
4. 2026 Adjusted EBITDA Guidance
Management set 2026 adjusted EBITDA guidance at a $3.5 million midpoint, significantly below the $4.98 million analysts had projected.