SG Q3 2023 Earnings — Sweetgreen, Inc. Revenue & Financial Results | Market Cap Arena

SGSweetgreen, Inc.

$703M

Q3 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$153M+23.7% YoY

Gross Profit

$29M19.0% margin

Operating Income

-$26M-17.3% margin

Net Income

-$25M-16.3% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

-$8M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$880M

Total Liabilities

$380M

Stockholders' Equity

$500M

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$153M	$124M	+23.7%
Gross Profit	$29M	$20M	+46.1%
Operating Income	-$26M	-$53M	+50.0%
Net Income	-$25M	-$51M	+50.9%

Revenue Segments

Gift Card

$45,000100%