Sweetgreen, Inc. (NYSE:SG) Q2 2022 Results Conference Call August 9, 2022 5:00 PM ET

Company Participants

Rebecca Nounou - Head of Investor Relations

Jonathan Neman - Co-Founder and Chief Executive Officer

Mitch Reback - Chief Financial Officer

Conference Call Participants

John Glass - Morgan Stanley

John Ivankoe - JPMorgan

Sharon Zackfia - William Blair

Jared Garber - Goldman Sachs

Katherine Griffin - Bank of America

Chris Carril - RBC Capital Markets

Andrew Charles - Cowen

Operator

Good afternoon, ladies and gentlemen. Welcome to the Sweetgreen Second Quarter 2022 Earnings Conference Call. [Operator Instructions] And please be advised that this call is being recorded. [Operator Instructions]

And now at this time, I'll turn things over to Rebecca Nounou, Head of Investor Relations. Please go ahead.

Rebecca Nounou

Thank you, and good afternoon, everyone. Here with me today are Jonathan Neman, Co-Founder and CEO; and Mitch Reback, Chief Financial Officer.

Before we begin, we have a couple of reminders. Our earnings release is available on our website at investor.sweetgreen.com. During this call, we will be making comments of a forward-looking nature. Actual results may differ materially from those expressed or implied as a result of various risks and uncertainties.

For more information about some of these risks, please review the company's SEC filings, including the section titled Risk Factors in our latest annual report on Form 10-K filing and subsequently filed quarterly report on Form 10-Q. These forward-looking statements are based on information as of today, and we assume no obligation to publicly update or revise our forward-looking statements.

Additionally, we will be discussing certain non-GAAP financial measures. These non-GAAP financial measures are in addition to and not a substitute for measures of financial performance, prepared in accordance with GAAP. A reconciliation of these items to the nearest U.S. GAAP measure can be found in this afternoon's press release, available on our IR website.

With that, it's my pleasure to turn the call over to Jonathan to kick things off.

Jonathan Neman

Thank you, Rebecca, and good afternoon, everyone. Last week, we celebrated Sweetgreen's 15-year anniversary. On August 1, 2007, just months after graduation, Nicolas, Nathaniel and I opened our first Sweetgreen in a 500-square-foot old burger shack in Washington, D.C.

While we have grown and evolved a lot, a few things have not changed: Our mission of building healthier communities by connecting people to real food and our long-term commitment to being a positive force on the food system while creating a sustainable and durable branded business. I want to take a moment and thank all of our team members, past and present, who have joined us along the journey and made Sweetgreen what it is today.