Sweetgreen Completes Sale of Spyce to Wonder [Yahoo! Finance]
Sweetgreen, Inc. (SG)
Company Research
Source: Yahoo! Finance
LOS ANGELES, December 29, 2025 BUSINESS WIRE )--Sweetgreen, Inc. (NYSE: SG) today announced it has completed its previously announced sale of Spyce, the business unit responsible for developing and launching the Infinite Kitchen technology, to Wonder Group, Inc., consisting of $100 million in cash and shares of Series C Preferred Stock of Wonder with an implied value of $86.4 million based on the price per share at which shares were issued by Wonder to cash investors in its most recent preferred equity financing. The sale marks a strategic milestone for Sweetgreen, enabling the company to reinvest in key priorities and focus on growth and operational efficiency. Sweetgreen expects to continue using the Infinite Kitchen technology in many of its restaurants through a long-term supply and services agreement, giving the company flexibility while ensuring the platform remains central to the guest experience. Sweetgreen acquired Spyce in 2021 for approximately $70 million when includi
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News
- Sweetgreen, Inc. (SG) Surpasses Market Returns: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on Sweetgreen: “They've Got to Start Making Money” [Yahoo! Finance]Yahoo! Finance
- Sweetgreen (NYSE:SG) had its price target raised by analysts at Barclays PLC from $5.00 to $7.00. They now have an "equal weight" rating on the stock.MarketBeat
- Sweetgreen (NYSE:SG) was given a new $7.00 price target on by analysts at Sanford C. Bernstein.MarketBeat
- Sweetgreen Launches New Menu in Collaboration with Function Health, Designed by Dr. Mark HymanBusiness Wire
SG
Earnings
- 11/6/25 - Miss
SG
Sec Filings
- 1/5/26 - Form 8-K
- 12/29/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- SG's page on the SEC website