Sweetgreen reported second quarter fiscal 2026 results ending June 28, 2026. Total revenue increased 3.8% to $192.7 million, driven by incremental revenue from new locations, while same-store sales declined 6.2%. The company posted a net loss of $26.3 million and an adjusted EBITDA loss of $0.2 million. Restaurant-level profit margin contracted to 13.1% from 18.9% in the prior year period due to higher ingredient costs, promotional activity, and lower traffic. Sweetgreen updated its full-year fiscal 2026 outlook downward, citing a cyclosporiasis outbreak impacting consumer demand. The revised guidance anticipates approximately 13 net new restaurant openings, same-store sales between -8.0% and -7.0%, and adjusted EBITDA between $(27.0) million and $(23.0) million. Sweetgreen operates in the fast-casual restaurant industry, serving healthy food through a chain of locations across the United States.