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Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters
SweetgreenSweetgreen(US:SG) CNBC·2025-08-08 22:22

Sweetgreen shares dropped more than 25% on Friday after the salad chain cut its 2025 outlook for the second quarter in a row, citing issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges.For the full-year 2025, Sweetgreen now expects revenue of between 700millionand700 million and 715 million, down from its May prediction of 740millionto740 million to 760 million and its February outlook of 760millionto760 million to 780 million.It also projects negative same-store sales for the full year, estima ...