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 missed Q2 2026 earnings expectations with a larger-than-expected net loss, negative Adjusted EBITDA, and declining restaurant-level profit margins; the company faced a material demand shock from a multistate cyclospora outbreak (though ultimately exonerated) and cut full-year guidance to a 7–8% same-store sales decline. While analyst sentiment turned bullish in September–October following the company's clearance from the outbreak and regional leadership improvements, the underlying business remains pressured with persistent negative same-store sales comps and margin deterioration.
Red flags
- •Q2 net loss of $(26.3)M vs. $(23.2)M YoY; Adjusted EBITDA turned negative at $(0.2)M vs. $6.4M
- •Restaurant-Level Profit Margin declined 570 basis points to 13.1% from 18.9%
- •Same-store sales decline worsened to (6.2%) vs. (7.6%) prior year; guidance cut to (7–8%) for full year
- •Missed consensus on both EPS ($(0.22) vs. $(0.13) expected) and revenue ($192.66M vs. $194.50M expected)
- •Cyclospora outbreak caused material demand shock; assumed 600–700 basis point Q3 impact despite eventual company clearance
- •Executive severance arrangements for CEO, CCO, CFO, and COO designated effective Aug 27, 2026, signaling organizational stress
- •Revenue growth of only 3.8% insufficient to offset margin compression and negative unit economics
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).