| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 25 | 98.8x | 17.3x | Bottom tier | |
Growth | 64 | -0.6% | 7.1% | Around median | |
Quality | 13 | -18.6% | 4.5% | Bottom tier | |
Safety | 27 | — | 2.6x | Bottom tier | |
Capital Return | 29 | 0.00% | 0.06% | Bottom tier | |
Momentum | 83 | 12.1% | -1.6% | Top tier | |
Sentiment | 71 | 7 | 3 | Top tier |
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Sweetgreen operates a restaurant chain selling salads, warm bowls, and wraps, aiming to increase visits and repeat orders through its restaurants, digital channels, and catering. It ended quarter 2 of fiscal year 2026, which ended on 2026-06-28, with a network of 287 restaurants, including 35 equipped with Infinite Kitchen technology. Its operating plan combines faster order preparation, broader meal options, and improvements to the Create Your Own customization experience and SG Rewards loyalty program, while expanding cautiously until existing restaurant performance improves.
According to EL7 data, revenue in quarter 2 of fiscal year 2026 was approximately 192.7 million dollars, compared with a net loss of 26.3 million dollars and a diluted loss per share of 0.22 dollars, while the operating margin calculated by EL7 was negative 14.2%. Restaurant-level profit for the same period was 25.2 million dollars, with a margin of 13.1%, while adjusted earnings before interest, taxes, depreciation, and amortization recorded a loss of 200000 dollars. The gap between restaurant profitability and the company-level loss highlights the work required to turn operations into sustainable profitability.
Same-store sales fell 6.2% in quarter 2 of fiscal year 2026 compared with the same quarter of the previous fiscal year, driven by a 2% decline in transactions and a negative product mix impact of 4.2%, with no year-over-year increase in menu prices. Meanwhile, comparable transactions were approximately flat in June 2026, and wraps maintained a share of around 20% of orders. However, improved traffic was tied to lower-ticket products and targeted promotions, making the simultaneous recovery of sales and margins the central test of Sweetgreen's plan.
Q2 FY2026
Last 12 months to 2026-06-28
When: 2026-11-05
Same-store sales relative to the 6.2% decline
Restaurant-level profit margin relative to 13.1%
Guidance for an adjusted loss before interest, taxes, depreciation, and amortization of between 23 million dollars and 27 million dollars for fiscal year 2026
The median analyst target is 7.00 dollars, within a range of 5.50 to 11 dollars, a low-confidence indicative estimate based on 3 analysts that reflects their expectations for future growth and performance. The value based on the industry multiple is 6.95 dollars, within a range of 2.51 to 15 dollars, based on a median sales multiple of 1.2 across 51 companies, valuing the company as its peers are valued. The central values are close, but their wide ranges imply substantial disagreement over possible outcomes, and analyst targets tend to be inherently optimistic. The average consensus target is 7.8 dollars, while EL7's valuation factor ranks the company 70 out of 79 within the industry for data covering the period ended 2026-06-28, adding a relative-multiples perspective without determining the outcome of the operational turnaround.
Figures in the text are as of 2026-10-19; the live price is shown at the top of the page.
Sweetgreen recorded a net loss of 26.3 million dollars in quarter 2 of fiscal year 2026, which ended on 2026-06-28, despite its restaurants generating a profit of 25.2 million dollars at a margin of 13.1%. Net income for the trailing 12 months through 2026-06-28 was approximately 13.7 million dollars, but operating cash flow according to EL7 data was negative 27.6 million dollars for the same period. Therefore, trailing profit alone is insufficient to establish sustainable profitability, particularly with fiscal year 2026 guidance pointing to an adjusted loss before interest, taxes, depreciation, and amortization of between 23 million dollars and 27 million dollars.
wraps maintained a share of around 20% of orders in quarter 2 of fiscal year 2026, which ended on 2026-06-28, and more than half of their buyers returned within 30 days. However, same-store sales declined 6.2% compared with the same quarter of the previous fiscal year, and management acknowledged that the lower average ticket for wraps and their smaller incremental contribution than in tests contributed to the weak result. The product's success becomes more valuable if it moves from increasing existing customers' visit frequency to acquiring new customers, which Sweetgreen is targeting through expanded marketing and menu innovation.
Automated analysis for informational purposes only — not investment advice.
On the 2026-08-06 call, management said the cyclospora outbreak was linked to iceberg lettuce that Sweetgreen does not use, and that suppliers and health authorities had provided no indication connecting the company to the outbreak. Nevertheless, it estimated the impact of these concerns on same-store sales in July 2026 at approximately 600 basis points and incorporated the demand disruption into fiscal year 2026 guidance. Separately, the company precautionarily removed jalapeños from the supplier in affected regions, ingredients used in 2 out of 15 dressings, and did not include any potential impact from this issue in the guidance discussed on the call.
Sweetgreen ended quarter 2 of fiscal year 2026, which ended on 2026-06-28, with 287 restaurants, including 35 equipped with Infinite Kitchen technology. During the period, it opened 4 restaurants, including two with this technology, and closed two restaurants, bringing net additions to two restaurants. On the 2026-08-06 call, management explained that it would continue expanding cautiously while improving restaurant design, construction costs, and site selection, linking faster expansion to the recovery of operating economics.
The average consensus target is 7.8 dollars with a Neutral rating, while the median target in the multi-method valuation set is 7.00 dollars across 3 analysts with low confidence. On 2026-09-11, TD Cowen raised its target from 5 dollars to 6 dollars, after UBS lowered its target from 7 dollars to 6.5 dollars on 2026-08-07. News on 2026-09-28 reported that Wells Fargo upgraded the rating to Overweight and set a target of 11 dollars, reflecting differing assessments of how quickly profitability can recover.