Sweetgreen (SG) News Today

Sweetgreen, Inc. (NYSE:SG) shares fell after the company reported disappointing Q2 results, cut its full-year outlook for the second time in two quarters, and saw several analysts lower their price targets. Key developments include:

• Positive Sentiment: Analysts at Royal Bank of Canada and UBS trimmed their price targets to $13 but kept "outperform"/"buy" ratings—still implying roughly 33% upside from current levels. Benzinga
• Neutral Sentiment: Zacks reviews key Q2 metrics—such as comparable-store sales trends and digital mix—to gauge the chain’s growth versus Wall Street estimates. Here's What Key Metrics Tell Us About Sweetgreen Q2 Earnings
• Neutral Sentiment: Barclays, TD Cowen and Piper Sandler cut targets to $10–$12 but maintain equal-weight/hold/neutral ratings, citing modest upside of 2%–23%. Benzinga
• Negative Sentiment: Q2 revenue of $185.6 million missed the $191.7 million consensus and EPS loss of $0.20 widened vs. the $0.12 loss expected. Sweetgreen Q2 Sales Drop 7.6%
• Negative Sentiment: The company cut its 2025 revenue guidance to $700 million–$715 million (versus $746.3 million consensus), blaming loyalty-program issues, weak consumer sentiment, tariff headwinds and store challenges—sending shares down over 25%. Sweetgreen shares drop 25% after salad chain cuts outlook