Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters
1. Sweetgreen shares dropped over 25% after cutting 2025 revenue outlook. 2. Revised revenue forecast of $700-$715 million, down from previous estimates. 3. Projected same-store sales decline of 4% to 6% for 2025. 4. CEO cited loyalty program transition and weak consumer sentiment as issues. 5. Focus on improving operations and customer satisfaction going forward.