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Mar 30
Sweetgreen Q1 2025 Earnings Report
reported financial results for the first fiscal quarter ended March 30, 2025
Key Takeaways
Sweetgreen reported a 5.4% increase in total revenue for the first quarter of fiscal year 2025, reaching $166.3 million. Despite a negative same-store sales change of 3.1%, driven by decreased traffic, the company saw an increase in net new restaurant openings and maintained a restaurant-level profit margin of 17.9%. Net loss decreased slightly to $(25.0) million.
Total revenue increased by 5.4% to $166.3 million.
Restaurant-Level Profit Margin was 17.9%, a decrease of 20 basis points year-over-year.
Net loss for the quarter was $(25.0) million, an improvement from $(26.1) million in the prior year.
Adjusted EBITDA was $0.3 million, an increase from $0.1 million in the prior year.
Sweetgreen
Sweetgreen
Forward Guidance
The report updates guidance for fiscal year 2025, but does not provide specific details on the updated guidance.