🔴 Sweetgreen is trading 14.41% down in after-hours trading after Q2 revenue and adjusted earnings missed expectations

Sweetgreen is trading 14.41% down in after-hours trading at $5.02 after disappointing second-quarter results.

• Revenue reached $192.7 million, below expectations; adjusted earnings missed estimates, and same-store sales declined 6.2%.
• Management lowered 2026 same-store-sales guidance to a 7%–8% decline and projected adjusted EBITDA of negative $23 million to $27 million, citing reduced demand following the cyclosporiasis outbreak.