Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Sweetgreen Stock Plummets On Disappointing Q2 And Slashed Forecast

Author: Henry Khederian | August 08, 2025 10:47am

Shares of Sweetgreen Inc (NYSE:SG) are trading sharply lower Friday morning after the company reported weaker-than-expected second-quarter results and cut its full-year revenue forecast, prompting multiple Wall Street analysts to lower their price targets.

What To Know: For the second quarter, Sweetgreen announced revenue of $185.6 million, missing consensus estimates of $194.34 million. The company also reported a net loss of 20 cents per share, wider than the 11-cent loss analysts had anticipated.

A key metric, same-store sales, declined by 7.6% year-over-year, a stark contrast to the 3.3% growth seen in the same period last year. CEO Jonathan Neman cited a “convergence of several headwinds, including macroeconomic pressures” and a “challenging comparison to last year's strong second-quarter” for the disappointing performance.

Looking ahead, Sweetgreen slashed its full-year 2025 revenue guidance. The company now projects revenue in the range of $700 million to $715 million, down sharply from its previous guidance of $740 million to $760 million. The new forecast is also below the pre-earnings analyst estimate of $746.3 million.

Following the report, analysts adjusted their outlooks on the stock:

  • Piper Sandler maintained a Neutral rating but cut its price target from $20 to $12.
  • TD Cowen maintained a Hold rating and lowered its price target from $15 to $10.

Price Action: According to data from Benzinga Pro, SG shares are trading lower by 27.3% to $9.20 Friday morning. The stock has a 52-week high of $45.12 and a 52-week low of $8.80.

Read Also: Expedia Analysts Boost Their Forecasts After Upbeat Q2 Results

How To Buy SG Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Sweetgreen’s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

Image: Shutterstock

Posted In: SG

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist