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Sweetgreen (SG) guidance and outlook
Sweetgreen (SG) raised its guidance on Nov 5, 2026: EBITDA −$23.0M to −$20.0M for FY2026. Sweetgreen's 10-Q filed Nov 6, 2026 makes 11 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EBITDA | FY2026 | −$23.0M to −$20.0M | raised |
From the earnings release filed Nov 5, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 6, 2026
- In fiscal year 2026, we expect approximately 10 Net New Restaurant Openings, with about half featuring Infinite Kitchen units.
- We expect fewer Net New Restaurant Openings in fiscal year 2027 than in fiscal year 2026.
- There can be no assurance that we will be able to continue doing so in the current or future macroeconomic or regulatory environment.
- A continued shift in sales mix toward these channels could pressure margins, although we expect margins on these channels to improve over time as we achieve greater scale.
- We define a temporary closure as a closure of at least five days during which the restaurant would have otherwise been open; for any such temporary closure occurring during a prior or current fiscal month, such fiscal month, as well as the corresponding fiscal month for the prior or current fiscal year, as applicable, will be excluded when calculating Same-Store Sales Change for that restaurant.
- With the introduction of our new loyalty program in the second quarter of fiscal year 2025, we have experienced and anticipate continuing to see an increase in Owned Digital sales, which is realized in our Owned Digital Revenue Percentage and our Total Digital Revenue Percentage.
- As a result, our operating results for any particular quarter are not necessarily indicative of results to be expected for any other quarter or for a full fiscal year.
- We believe we will meet longer-term expected future cash requirements and obligations through a combination of cash flows from operating activities and available cash balances.
- If we are unable to generate positive operating cash flows, additional debt and equity financings may be necessary to sustain future operations, and there can be no assurance that such financing will be available to us on commercially reasonable terms, or at all.
- The timing and nature of these commitments are expected to have an impact on our liquidity and capital requirements in future periods.
- To the extent that there are differences between our estimates and actual results, our future financial statement presentation, financial condition, results of operations, and cash flows will be affected.
Sweetgreen's latest quarter
Sweetgreen, Q3 2026: revenue $176M (+2% year over year), operating margin -18.1%, net loss $30.7M, operating cash flow −$10.9M. The chart follows the revenue to costs, profit and cash.
Questions
Did Sweetgreen raise or lower its guidance?
Sweetgreen (SG) raised its guidance on Nov 5, 2026: EBITDA −$23.0M to −$20.0M for FY2026.
What does Sweetgreen expect?
In fiscal year 2026, we expect approximately 10 Net New Restaurant Openings, with about half featuring Infinite Kitchen units. We expect fewer Net New Restaurant Openings in fiscal year 2027 than in fiscal year 2026. There can be no assurance that we will be able to continue doing so in the current or future macroeconomic or regulatory environment.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.