Sweetgreen (NYSE: SG) Cuts 2025 Outlook, Sells Spyce Robotics to Wonder for $186.4M After Weak Q3 — 11/7/2025
Sweetgreen’s Q3 FY2025 revenue fell 0.6% to $172.4 million, with same-store sales down 9.5% on weaker traffic. The company cut full-year guidance and agreed to sell its Spyce robotics unit to Wonder for $186.4 million, while licensing back the Infinite Kitchen tech. Spending from 25–35-year-olds dropped 15% in the quarter. Shares fell as much as 20% after hours.