Sweetgreen Inc-A 2026年季度报告

FORM 10-Q (Mark One)QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March29, 2026ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from______to______Commission file number 001-41069 SWEETGREEN, INC. (Exact name of registrant as specified in its charter) Delaware27-1159215(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)3102 36th Street Los Angeles, CA90018(Address of Principal Executive Offices)(Zip Code) (323) 990-7040Registrant's telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports); and (2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting companyEmerging growth company Table of Contents If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).No The registrant had 106,934,099 shares of Class A common stock and 11,893,558 shares of Class B common stock outstanding asof May4, 2026. TABLE OF CONTENTS Page Part I Financial Information Item 1.Financial Statements1Condensed Consolidated Balance Sheets1Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)2Condensed Consolidated Statement of Stockholders’ Equity3Condensed Consolidated Statements of Cash Flows4Notes to the Condensed Consolidated Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item 3.Quantitative and Qualitative Disclosures About Market Risk28Item 4.Controls and Procedures28 Part II Other InformationItem 1.Legal Proceedings30Item 1A.Risk Factors30Item 2.Unregistered Sales of Equity Securities and Use of Proceeds30Item 3.Defaults Upon Senior Securities30Item 4.Mine Safety Disclosures30Item 5.Other Information30Item 6.Exhibits30Signatures32 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (“Quarterly Report”) contains forward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995 about us and our industry that involve substantial risks and uncertainties. We intend suchforward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21Eof the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Section 27A of the Securities Act of 1933, asamended (the “Securities Act”). All statements other than statements of historical facts contained in this Quarterly Report areforward-looking statements, including statements regarding our expectations regarding our revenue, restaurant operating costs,operating expenses, and other results of operations, as well as our key performance metrics; our liquidity and the sufficiency ofour capital resources; our plans to open new restaurants and purchase and incorporate additional Infinite Kitchen units into ourfleet, in particular following our sale of Spyce Food Co. (“Spyce”) and certain assets relating to the kitchen automation technologyknown as the “Infinite Kitchen” and other related kitchen automation technology (together with Spyce, the “Spyce Business”) tocertain subsidiaries of WonderGroup, Inc. (“Wonder”), which will become our Infinite Kitchen supplier; our expectations regardingfinancial and macroeconomic trends and the impacts of ongoing military conflicts; the impacts of tariffs and our ability to mitigatesuch impacts; the impacts of seasonality or extreme weather events; our plans regarding innovation, including the use of InfiniteKitchen units, and the resulting potential benefit to our business; our abil