Sweetgreen Inc. told investors in its annual report on Thursday there’s a risk its costs of doing business will increase under the Trump administration’s stricter immigration enforcement policies and the threat of new tariffs.
The salad chain flagged in its 10-K annual report that US immigration laws “are currently a topic of considerable political focus, and U.S. Immigration and Customs Enforcement (ICE) recently intensified certain of its immigration enforcement efforts.” Sweetgreen said that if any of its suppliers rely upon labor from undocumented immigrants then changes in immigration policy could increase those suppliers’ costs and “limit the availability of the ...