SG
INSIDER SELLSweetgreen, Inc.
Research: Finviz ↗·Perplexity ↗
No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.
News Summary
NegativeSweetgreen slashed full-year 2026 guidance dramatically, projecting same-store sales declines of 7-8% (vs. prior 2-4% forecast) following a nationwide cyclospora outbreak that crushed consumer confidence despite the company not being implicated in contamination. Stock has fallen ~30% since mid-August, analyst consensus now expects unprofitability in 2027, and revenue growth is projected at just 0.1% annually versus the company's historical 16% rate.
Red flags
- •Guidance cut: same-store sales now projected to decline 7-8% vs. prior guidance of 2-4% decline
- •Stock down ~30% in one month (mid-August) following earnings announcement
- •Analysts project company will become unprofitable in 2027
- •Revenue growth collapsed to 0.1% expected annually vs. 16% historical growth and 9.5% industry average
- •Cyclospora outbreak created major consumer confidence crisis affecting salad chains industry-wide; competitor Salad and Go filed Chapter 11 bankruptcy
- •Q2 statutory losses of $0.22 per share with in-line revenues indicate margin compression
- •Wide analyst price target dispersion ($4.40–$10.00) reflects high uncertainty; multiple targets cut post-earnings (BofA, DA Davidson)
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed | Src |
|---|---|---|---|---|---|---|---|
| McConnell Jamie | Chief Financial Officer | SELL | 15K | $6.21 | $0.09M | 2026-08-17 | ↗ |
| Cochran Jason Miles | Chief Operating Officer | SELL | 5K | $6.21 | $0.03M | 2026-08-17 | ↗ |
| McConnell Jamie | Chief Financial Officer | SELL | 1K | $8.00 | $0.01M | 2026-05-18 | ↗ |
| Cochran Jason Miles | Chief Operating Officer | SELL | 15K | $7.99 | $0.12M | 2026-05-18 | ↗ |
Fund 13D/13G Filings (2)
Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).