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LOS ANGELES, July 09, 2026--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG) will release financial results for the second quarter of 2026 after the market close on Thursday, August 6, 2026. On that day, the company will host a webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company’s business and financial results. A live webcast of the company’s earnings call will be available on the investor relations section of the company’s website at https://investor.sweetgreen.com/. An archived webcast of the call will be available on the investor relations section of the company’s website shortly after the call, and will remain available for approximately one year. Sweetgreen announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts, and the investor relations section of its website at https://investor.sweetgreen.com/ in order to achieve broad, non-exclusionary distribution of information to the public and for complying with its disclosure obligations under Regulation FD. About Sweetgreen: Sweetgreen (NYSE: SG) is on a mission to build healthier communities by connecting people to real food. Since 2007, the brand has reimagined what fast food can be: fresh, flavorful and built on real relationships with growers. Sweetgreen’s supply chain spans the country while remaining rooted in partnerships with local farmers. Today, Sweetgreen serves seasonal, chef-crafted menus across more than 285 locations nationwide, creating spaces where food, people and purpose come together. To learn more about Sweetgreen, its menu, and its loyalty program, visit www.Sweetgreen.com. Follow @Sweetgreen on Instagram, Facebook, X, TikTok, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20260708569412/en/ Contacts Sweetgreen Contact, Anthony Wiginton: Investor [email protected] Media [email protected]

Darden Restaurants, Inc. DRI is scheduled to report fourth-quarter fiscal 2026 results on June 25, before the opening bell.In the last reported quarter, earnings met the Zacks Consensus Estimate, while revenues beat the same by 0.5%. DRI’s earnings beat the Zacks Consensus Estimate in one of the trailing four quarters, missed on two occasions, and met on one occasion, with an average surprise of negative 0.3%. The Zacks Consensus Estimate for fiscal fourth-quarter earnings per share (EPS) is $3.63, up 21.8% from $2.98 in the year-ago quarter. Darden Restaurants, Inc. price-eps-surprise | Darden Restaurants, Inc. Quote For revenues, the consensus estimate is $3.73 billion. The projection implies a 14.2% rise from the year-ago quarter’s reported figure. Let us take a look at how things might have shaped up in the quarter to be reported. RevenuesDarden’s fiscal fourth-quarter performance is likely to have benefited from continued same-restaurant sales momentum across its portfolio, led by Olive Garden and LongHorn Steakhouse. Sales trends remained strong through the first three weeks of March, and management projected same-restaurant sales growth of 3.5%-5% for the quarter under review. Olive Garden’s initiatives are expected to have supported guest traffic and sales growth in the to-be-reported quarter. The recently expanded lighter-portion menu, which added seven dishes priced below $15, has been generating higher guest frequency, stronger value scores and improved portion-size satisfaction ratings. Management also highlighted positive guest response to the Buy One, Take One promotion, which was extended by an additional week this year and supported with increased media spending. LongHorn Steakhouse is likely to have remained a major growth driver. The brand posted 7.2% same-restaurant sales growth in the fiscal third quarter, aided by strong traffic gains, consistent food quality and favorable consumer value perception. Management emphasized that LongHorn continues to benefit from operational excellence and strong guest loyalty, trends that likely continued into the fiscal fourth quarter.Fine Dining is also expected to have remained strong, supported by robust private dining demand at The Capital Grille and Eddie V’s, as well as continued traction from Ruth’s Chris Steak House’s fixed-price menu. Additionally, delivery and catering initiatives, particularly...

What a fantastic six months it’s been for Sweetgreen. Shares of the company have skyrocketed 44.8%, hitting $9.60. This run-up might have investors contemplating their next move. Is now the time to buy Sweetgreen, or should you be careful about including it in your portfolio? Get the full breakdown from our expert analysts, it’s free. We’re glad investors have benefited from the price increase, but we don't have much confidence in Sweetgreen. Here are three reasons there are better opportunities than SG and a stock we'd rather own. Same-store sales is a key performance indicator used to measure organic growth at restaurants open for at least a year. Sweetgreen’s demand has been shrinking over the last two years as its same-store sales have averaged 3.2% annual declines. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. As you can see below, Sweetgreen’s margin dropped by 8.7 percentage points over the last year. This decrease came from the higher costs associated with opening more restaurants. As long-term investors, the risk we care about most is the permanent loss of capital, which can happen when a company goes bankrupt or raises money from a disadvantaged position. This is separate from short-term stock price volatility, something we are much less bothered by. Sweetgreen burned through $118.9 million of cash over the last year, and its $356.1 million of debt exceeds the $156.8 million of cash on its balance sheet. This is a deal breaker for us because indebted loss-making companies spell trouble. Unless the Sweetgreen’s fundamentals change quickly, it might find itself in a position where it must raise capital from investors to continue operating. Whether that would be favorable is unclear because dilution is a headwind for shareholder returns. We remain cautious of Sweetgreen until it generates consistent free cash flow or any of its announced financing plans materialize on its balance sheet. Sweetgreen doesn’t pass our quality test. Following the recent surge, the stock trades at 182.9× forward EV-to-EBITDA (or $9.60 per share). This valuation tells us it’s a bit of a market darling with a lot of good news priced in - we think there are better stocks to buy right now. We’d recom...

In fast-casual restaurants right now, there is one number every analyst is hunting for, and almost nobody is producing it. That number is positive guest traffic. Sweetgreen (SG) posted an 11.2% traffic decline in the first quarter of 2026, per its first-quarter 2026 earnings release. Chipotle (CMG) clawed its way back to just 0.6% traffic growth after four straight quarters of declines, Yahoo Finance reports. Starbucks (SBUX) only recently returned to traffic growth after a brutal stretch, per Restaurant Dive. Then there is CAVA Group (CAVA), which just reported 6.8% guest traffic growth and made everyone else look slow. That divergence is exactly what triggered the latest analyst move. Argus Research analyst Christine Dooley upgraded CAVA from Hold to Buy on May 21, 2026, setting a price target of $92, Investing.com reports. The change in stance matters because Argus had been on the sidelines for months while CAVA worked through a sharp pullback from its 2024 highs. Dooley flagged improving restaurant traffic as the key driver of the upgrade. The firm also pointed to on-track new restaurant openings, strong unit-level economics, and a bullish technical pattern of higher highs and higher lows. That call landed on top of an already heavy week of analyst revisions. Other analysts joining the lift: Robert W. Baird raised its target to $98 from $88, per TipRanks Telsey Advisory moved to $95 from $92 Stifel, Morgan Stanley, Mizuho, TD Cowen, and Guggenheim all raised targets after the quarter The fast-casual category has been quietly cracking. Most major chains are either declining or barely flat on traffic, according to Restaurant Dive's same-store sales tracker. Placer.ai's head of analytical research, R.J. Hottovy, told Restaurant Dive that value grocers like Aldi and Trader Joe's are now stealing fast-casual visits, with consumers questioning the value of a $16 bowl eaten at a counter. CAVA is the clear exception. Related: Cava is betting millions on restaurant role most chains overlook In its first-quarter 2026 earnings release, CAVA reported: Revenue up 32.2% to $434.4 million. Same-restaurant sales up 9.7%, driven by 6.8% traffic growth. Restaurant-level profit margin of 25.1% Adjusted EBITDA up 37.6% to $61.7 million. 20 net new restaurants, bringing the total to 459. Source: CAVA Group First Quarter 2026 Report "Amid today's broader macroeconomic environ...

Cava stock jumped on Wednesday after the fast-growing Mediterranean chain posted stronger-than-expected sales, traffic and earnings growth. Cava Group revenue growth was the fastest since the third quarter of 2024, while same-store sales growth was the best in a year. Restaurant Dive said that Cava's traffic and sales trends "far outpaced its fast casual rivals," noting that Sweetgreen and Wingstop posted some of their worst-ever comparable-store sales gains in Q1.

Shareholders didn't seem to be thrilled with Sweetgreen, Inc.'s (NYSE:SG) recent earnings report, despite healthy profit numbers. Our analysis suggests they may be concerned about some underlying details. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Many investors haven't heard of the accrual ratio from cashflow, but it is actually a useful measure of how well a company's profit is backed up by free cash flow (FCF) during a given period. In plain english, this ratio subtracts FCF from net profit, and divides that number by the company's average operating assets over that period. The ratio shows us how much a company's profit exceeds its FCF. That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. While having an accrual ratio above zero is of little concern, we do think it's worth noting when a company has a relatively high accrual ratio. To quote a 2014 paper by Lewellen and Resutek, "firms with higher accruals tend to be less profitable in the future". Over the twelve months to March 2026, Sweetgreen recorded an accrual ratio of 0.49. Statistically speaking, that's a real negative for future earnings. To wit, the company did not generate one whit of free cashflow in that time. Over the last year it actually had negative free cash flow of US$127m, in contrast to the aforementioned profit of US$16.8m. We also note that Sweetgreen's free cash flow was actually negative last year as well, so we could understand if shareholders were bothered by its outflow of US$127m. However, that's not all there is to consider. We can see that unusual items have impacted its statutory profit, and therefore the accrual ratio. The good news for shareholders is that Sweetgreen's accrual ratio was much better last year, so this year's poor reading might simply be a case of a short term mismatch between profit and FCF. Shareholders should look for improved cashflow relative to profit in the current year, if that is indeed the case. Check out our latest analysis for Sweetgreen That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Given the accrual ratio, it's...

Looking back on modern fast food stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Sweetgreen (NYSE:SG) and its peers. Modern fast food is a relatively newer category representing a middle ground between traditional fast food and sit-down restaurants. These establishments feature an expanded menu selection priced above traditional fast food options, often incorporating fresher and cleaner ingredients to serve customers prioritizing quality. These eateries are capitalizing on the perception that your drive-through burger and fries joint is detrimental to your health because of inferior ingredients. The 5 modern fast food stocks we track reported a slower Q1. As a group, revenues missed analysts’ consensus estimates by 1.1%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 18.8% since the latest earnings results. Founded in 2007 by three Georgetown University alum, Sweetgreen (NYSE:SG) is a casual quick service chain known for its healthy salads and bowls. Sweetgreen reported revenues of $161.5 million, down 2.9% year on year. This print fell short of analysts’ expectations by 1.6%. Overall, it was a slower quarter for the company with a significant miss of analysts’ EBITDA and same-store sales estimates. Sweetgreen delivered the slowest revenue growth of the whole group. Unsurprisingly, the stock is down 5.5% since reporting and currently trades at $6.49. Read our full report on Sweetgreen here, it’s free. Born from a desire to offer quick meals with fresh, flavorful ingredients, Chipotle (NYSE:CMG) is a fast-food chain known for its healthy, Mexican-inspired cuisine and customizable dishes. Chipotle reported revenues of $3.09 billion, up 7.4% year on year, outperforming analysts’ expectations by 0.5%. The business had a strong quarter with a solid beat of analysts’ same-store sales and EBITDA estimates. Chipotle delivered the biggest analyst estimates beat among its peers. However, the results were likely priced into the stock as it’s traded sideways since reporting. Shares currently sit at $32.67. Is now the time to buy Chipotle? Access our full analysis of the earnings results here, it’s free. Started as a hot dog cart in New York City's Madison Square Park, Shake Shack (NYSE:SHAK) is a fast-food restaurant known for its burgers and milkshakes. Shake Shack reported revenue...

Image source: The Motley Fool. Thursday, May 7, 2026 at 5 p.m. ET Chief Executive Officer — Jonathan Neman Chief Financial Officer — Jamie McConnell Jonathan Neman: Thank you, Rebecca, and thank you, everyone, for joining us today. We entered 2026 focused on executing our Sweet Growth Transformation Plan, with a clear priority on strengthening our fundamentals and improving execution across our restaurants. As we communicated last quarter, this work takes time to translate into results, and we expected the first quarter to be the most challenging, given a difficult comparison to the prior year Ripple Fries launch, weather-related headwinds and more work to be done on our transformation plan. While the quarter was pressured, we saw improvement as the quarter progressed with a further step-up in April, reflecting early progress from the actions we have underway through the Sweet Growth Transformation Plan. As restaurant operations continue to improve, we are bringing innovation to market with stronger discipline. Yesterday, we launched Wraps nationwide following a rigorous stage-gate process that validated both the consumer opportunity and our ability to execute in restaurants. Test results were strong, driving incremental traffic from new and returning guests while expanding our ability to serve more occasions. Now turning to results. For the first quarter of fiscal 2026, revenue was $161.5 million, with comparable sales down 12.8%. We opened 4 net new restaurants, including 3 Infinite Kitchens. Restaurant level margin was 10% and adjusted EBITDA was a loss of $8.1 million. As we moved into April, traffic trends improved, supported by stronger execution in our restaurants, the performance of our Chicken Sesame Crunch Bowl and early contribution from Wraps in test markets, which ran in about 1/4 of our restaurants, including New York, our largest market. This reflects a deliberate sequencing, strengthening operations first to build a more consistent foundation and then layering in menu innovation to drive more durable traffic. New York is an important example of the progress we are beginning to see. Given its significance to our footprint, it has been a key focus as we strengthened leadership, improved Head Coach stability and drove more consistent execution through Project One Best Way. While we still have work to do, transaction trends improved in April, sup...

Sweetgreen, Inc. (SG) reported $161.52 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 2.9%. EPS of -$0.27 for the same period compares to -$0.21 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $166.02 million, representing a surprise of -2.71%. The company delivered an EPS surprise of -20%, with the consensus EPS estimate being -$0.23. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Sweetgreen performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Same-Store Sales Change: -12.8% versus the six-analyst average estimate of -10%. Ending restaurants: 285 compared to the 283 average estimate based on six analysts. Net New Restaurant Openings: 4 compared to the 3 average estimate based on four analysts. View all Key Company Metrics for Sweetgreen here>>> Shares of Sweetgreen have returned +22.5% over the past month versus the Zacks S&P 500 composite's +11% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sweetgreen, Inc. (SG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

LOS ANGELES, May 07, 2026--(BUSINESS WIRE)--Sweetgreen, Inc. (NYSE: SG) (the "Company"), the mission-driven, next-generation restaurant and lifestyle brand that serves healthy food at scale, today announced financial results for its first fiscal quarter ended March 29, 2026. First quarter 2026 financial highlights For the first quarter of fiscal year 2026, compared to the first quarter of fiscal year 2025: Total revenue decreased 2.9% to $161.5 million. Same-Store Sales Change of (12.8%), versus (3.1%). Total Digital Revenue Percentage of 67.2%, up from 59.9% and Owned Digital Revenue Percentage(1) of 38.9%, up from 31.9%. Loss from operations was $(34.3) million and loss from operations margin was (21.3)%, versus $(28.5) million and (17.2)%. Restaurant-Level Profit(2) was $16.2 million and Restaurant-Level Profit Margin(2) was 10.0%, versus $29.7 million and 17.9%. Net income was $125.8 million and net income margin was 77.9%, versus net loss of $(25.0) million and net loss margin of (15.1)%. Adjusted EBITDA(2) was $(8.1) million and Adjusted EBITDA Margin(2) was (5.0)%, versus $0.3 million and 0.2%. 4 Net New Restaurant Openings, versus 5. "We entered 2026 focused on executing our Sweet Growth Transformation Plan. While first quarter results were softer than anticipated, we remain in the early innings of a transformation that is reshaping the foundation of our business. We are building a more consistent guest experience and seeing improved execution across our restaurants, every day," said Jonathan Neman, Co-Founder and Chief Executive Officer of Sweetgreen. "Yesterday's nationwide launch of Wraps is our most significant menu expansion in years. It is a positive signal of what's ahead: during our market test, it drove guest acquisition and strong retention rates and, combined with improved execution across our restaurants, contributed to momentum in April. We are building with intention and conviction for long-term growth. Thank you to our restaurant teams for their relentless dedication and commitment to serving our guests." Results for the first quarter ended March 29, 2026: Total revenue in the first quarter of fiscal year 2026 was $161.5 million, a decrease of 2.9% versus the prior year period. This decrease was primarily due to a decrease in Comparable Restaurant Base revenue of $20.7 million, resulting in a negative Same-Store Sales Change of 12.8%,...

The Wendy's Company WEN is scheduled to report first-quarter 2026 results on May 8, before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 14.3%. WEN’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and met on one occasion, the average surprise being 12.6%. The Zacks Consensus Estimate for earnings is pegged at 10 cents per share, indicating a decline of 50% from a year ago. The Wendy's Company price-eps-surprise | The Wendy's Company Quote The consensus mark for revenues is pegged at $525.5 million, implying an increase of 0.4% from the year-ago quarter. Revenues Wendy’s first-quarter performance is likely to reflect the early-stage execution of its “Project Fresh” turnaround strategy, which focuses on brand revitalization, operational excellence, system optimization and disciplined capital allocation. Management noted that 2026 will be a rebuilding year as the company works to strengthen franchisee economics and improve customer engagement. Value offerings are expected to have supported affordability perceptions and helped defend traffic trends during the quarter. Menu innovation is also likely to have contributed to customer engagement in the to-be-reported quarter. Wendy’s has renewed focus on its core hamburger platform built around fresh, never-frozen beef following a period of limited burger innovation in 2025. The recently launched Biggie Deals value platform, with $4, $6 and $8 price tiers, is designed to improve affordability perceptions, broaden appeal and capture incremental snacking occasions. Management also highlighted encouraging early traction from the platform entering 2026. Digital initiatives are expected to remain an important growth driver. Wendy’s continued to scale its digital business, with U.S. digital sales mix reaching an all-time high of 20.6% in the fourth quarter of 2025. The company noted that improvements to its mobile app, increased social engagement, loyalty growth and the rollout of FreshAI automated ordering technology are supporting customer engagement and operational efficiency. International operations are likely to have been another positive contributor in the quarter under review. The company continues to benefit from strong development momentum in markets such as Canada, Mexico and the Philippines, supported by new re...

This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Sweetgreen’s traffic fell by 11.2% in Q1 2026, accounting for most of its 12.8% same-store sales drop, with unfavorable changes in its sales mix comprising the rest, Chief Financial Officer Jamie McConnell said on the brand’s earnings call on Thursday. CEO Jonathan Neman said in a statement the chain was “in the early innings of a transformation that is reshaping the foundation of our business.” Sweetgreen's losses deepened from $28.5 to $34.3 million in Q1. Since the chain posted its first same-store sales decline as a public company in Q1 of 2025, traffic losses have steadily worsened, exacerbated by consumer price sensitivity and the addition, and then removal, of operationally complex Ripple Fries. McConnell said the unfavorable sales mix change was a result of “strategic promotional offers to re-engage guests as well as the transition to SG Rewards,” while some of the traffic loss was attributable to winter weather. Neman said recent changes, like the brand’s launch of its Chicken Sesame Crunch Bowl, and the test market performance of wraps, resulted in incremental traffic growth during April. The nationwide launch of wraps earlier this week could help the brand broaden its customer base and arrest its sliding traffic. “In April, we improved to about a decline of -8% and we just launched wraps,” McConnell said. “We're excited about our launch from all the results that we saw in the testing, and we expect that Q2 to land around -4%.” In February, Neman hinted that Sweetgreen would rework its menu pricing in response to increased consumer sensitivity resulting from inflation, including a new “create your own construct” option. On Thursday, he confirmed that a test of a new menu pricing system would begin in June that is "designed to deliver greater price clarity and a more intuitive ordering experience.” Other recent changes that are part of its Sweet Growth Transformation Plan, like a focus on in-store operations, could also improve the guest experience and boost store-level performance, Neman said. The chain is working on designs and prototypes for its new stores, he said. But Sweetgreen needs to improve its core operating performance before accelerating unit growth, Neman said, telling analysts to “expect a...