1748 ET - Sweetgreen is one of the restaurant chains that is bullish on restaurant automation, and the fast-casual chain anticipates that elevated U.S. tariffs will drive up the technology's costs. Sweetgreen's proprietary automated salad builder costs roughly $500,000 to build, with around 15% of the components imported from China. The chain said in a 1Q earnings call that tariffs could add around $100,000 to the unit costs, but they drive enough labor savings to offset the increases. Sweetgreen reported a 3.1% decline in same-store sales in 1Q. Share fall 9% after-market. (heather.haddon@wsj.com; @heatherhaddon)
(END) Dow Jones Newswires
May 08, 2025 17:49 ET (21:49 GMT)
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