
Sweetgreen Reports $125.8 Million Net Income Driven By $160.6 Million Spyce Business Divestiture
Sweetgreen, Inc.Description
What this story covers
Sweetgreen's Q1 2026 results show a 12.8% same-store sales decline and operational losses, offset by a massive $160.6 million gain from selling its Spyce business. The company is now pivoting toward automation and digital growth to recover profitability.
Story snapshot
CompanySweetgreen, Inc.
TickerSG
VariantStandard detailed
Duration5:06
Filing type8-K
PeriodQ1 2026
IndustryConsumer Services
Accession0001628280-26-032197
Sources1
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