3/3/2022

speaker
Brent
Conference Operator

Ladies and gentlemen, thank you for standing by. My name is Brent and I will be your conference operator today. At this time, I would like to welcome everyone to the Sweetgreen Inc. fourth quarter 2021 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question at that time, simply press star followed by the number one on your telephone keypad. If you'd like to withdraw your question, again, press star 1. Thank you. It is now my pleasure to turn today's call over to Ms.

speaker
Rebecca Nunu
Investor Relations

Rebecca Nunu. Please go ahead. Thank you, and good afternoon, everyone.

speaker
Rebecca Nunu
Investor Relations

Here with me today are Jonathan Neiman, co-founder and CEO, and Mitch Reback, CFO. Before we begin, we have a couple of reminders. We issued our earnings press release for the fiscal quarter ended December 26, 2021, after the market closed today, and we will file our Form 10-K for the fiscal year ended December 26, 2021, in the upcoming days. These documents are available and will be made available on our Investor Relations website. During this call, we will be making comments of a forward-looking nature, including statements regarding our financial outlook for the first quarter and for the full fiscal year 2022, our expectations regarding financial and business trends, our growth strategy and business aspirations, and our expectations regarding the impacts of the COVID-19 pandemic on our business, each as more fully described in our earnings release. 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 the Perspectives, filed by the company in connection with its initial public offering and our upcoming Form 10-K. These forward-looking statements are based on management's current business and market expectations. Additionally, we will be discussing certain non-GAAP financial measures. These non-GAAP financial measures are an 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, which is available on our Investor Relations website. With that, it's my pleasure to turn the call over to Jonathan to kick things off.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

Q4SG 2021

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