Sweetgreen, Inc.

Good afternoon, my name is Lisa and I will be your conference operator today. At this time, I would like to welcome everyone to the Sweetgreen Inc. First Quarter 2022 Earnings 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 during this time, simply press star one on your telephone keypad. If you would like to withdraw your question, please press star one again. We do ask that you limit yourself to one question per analyst. Thank you. I would now like to turn the conference over to Ms. Rebecca Nunu. Please go ahead, ma'am.

Thank you, and good afternoon, everyone. Here with me today are Jonathan Neiman, co-founder and CEO, and Mitch Reback, CFO. 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 Filings and subsequently filed quarterly report on Form 10Q. These forward-looking statements are based on information as of March 27, 2022, 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 an addition to and not a substitute for measures of financial performance prepared in accordance with GAAPs. A reconciliation of these items to the nearest USGET 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.

Thank you, Rebecca, and good afternoon, everyone. I want to start with a moment of gratitude and thank our restaurant teams for how they continue to deliver a win-win-win for our customers, communities, and stakeholders. I also want to give a shout out to the more than 200 sustainable farmers, producers, and distribution partners who supply us with fresh, local, and organic ingredients every day. Our differentiated and local supply chain is built on long-term partnerships that have continued to allow us to serve delicious, sustainable, and healthy meals amid global supply chain issues. Our sourcing approach is core to our fooditos and key to supporting the long-term growth and health of the planet.