Sweetgreen (SG) investor relations material

Strategic transformation priorities

• Focus on menu innovation, especially wraps, to expand occasions and demographics, with strong early results from a 68-store test.

• Pricing architecture is being simplified and tested, including a barbell strategy to improve entry points and retention.

• Operational excellence initiatives include throughput improvements, food quality, and hospitality enhancements.

• Increased investment in brand positioning, shifting marketing from conversion-focused to upper-funnel brand awareness.

• Leadership team refreshed, aligning growth with people development and robust internal talent pipelines.

Talent and culture development

• Competitive wages, bonuses, and equity for head coaches, with a strong focus on internal promotions.

• Leadership development is a key investment area, aiming to accelerate growth and align store and people expansion.

• Simplified restaurant operations and robust systems support talent growth and retention.

Supply chain and operational efficiency

• Distribution consolidation to a single distributor has simplified workflows and reduced logistics costs.

• Regional supply networks are leveraged for economies of scale as markets expand.

• Ongoing labor studies and value-added partnerships aim to shift labor to higher-value tasks and improve unit economics.

• Prep simplification (e.g., prepped sweet potatoes) is tested to maintain quality while reducing complexity.