SG Q1 2024 Earnings — Sweetgreen, Inc. Revenue & Financial Results | Market Cap Arena

SGSweetgreen, Inc.

$703M

Q1 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$158M+26.2% YoY

Gross Profit

$29M18.1% margin

Operating Income

-$27M-17.1% margin

Net Income

-$26M-16.5% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$12M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$843M

Total Liabilities

$372M

Stockholders' Equity

$470M

Cash & Equivalents

$244M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$158M	$125M	+26.2%
Gross Profit	$29M	$17M	+68.5%
Operating Income	-$27M	-$35M	+23.8%
Net Income	-$26M	-$34M	+22.6%

Revenue Segments

Gift Card

$664,000100%