Sweetgreen's Sour Turn: Same-Store Sales Crater 11.5% as the Salad Bowl Bubble Deflates
Sweetgreen's Q4 2025 same-store sales plunged 11.5%, its stock sits 89% below IPO price, and closures are mounting. With CAVA surging and Noodles & Company shrinking, the fast-casual segment is splitting into clear winners and losers. Here is what went wrong and what operators can learn.

