SG Q2 2023 Earnings — Sweetgreen, Inc. Revenue & Financial Results | Market Cap Arena

SGSweetgreen, Inc.

$703M

Q2 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$153M+22.1% YoY

Gross Profit

$31M20.4% margin

Operating Income

-$31M-20.5% margin

Net Income

-$27M-17.9% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

+22.0%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$18M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$887M

Total Liabilities

$376M

Stockholders' Equity

$511M

Cash & Equivalents

$280M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$153M	$125M	+22.1%
Gross Profit	$31M	$23M	+34.3%
Operating Income	-$31M	-$43M	+26.8%
Net Income	-$27M	-$41M	+32.7%

Revenue Segments

Gift Card

$80,000100%