SGSweetgreen, Inc.
Retail-Eating Places
- Revenue
- $679M
- 0.4% YoY
- Operating margin
- -20.5%
- 45% YoY
- EBITDA
- −$68M
- 139% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear5% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear3% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $340M | $470M | $584M | $677M | $679M | 0.4% |
| Operating income | −$134M | −$193M | −$122M | −$96M | −$139M | 46% |
| Net income | −$153M | −$190M | −$113M | −$90M | −$134M | 48% |
| Operating cash flow | −$65M | −$43M | $26M | $43M | −$13M | 129% |
| Capex | $85M | $97M | $90M | $84M | $106M | 26% |
| Stock-based comp | $29M | $79M | $50M | $39M | $36M | 6.5% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $3M | −$36M | 25 | 87 |
| FY2024 | $911K | $52M | 116 | 103 |
| FY2023 | $623K | $7M | 40 | 89 |
| FY2022 | $350K | −$62M | 32 | 76 |
| FY2021 | $39M | $111M | 112 | 98 |