First Watch Restaurant Group

First Watch Restaurant Group, Inc. owns and operates restaurants. It provides breakfast, brunch and lunch with alcohol and cocktails. The company was founded by John Sullivan in 1983 and is headquartered in Bradenton, FL.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First Watch Restaurant Group posts robust Q4 performance and outlines growth strategies for 2023

First Watch Restaurant Group reported strong Q4 2022 performance, with notable sales growth and revenue increases. The company's focus on operational enhancements, role specialization, and dining experience optimization positions it well for sustained growth. Challenges such as weather impacts and cost pressures are being addressed with caution and strategic planning.

First Watch Restaurant Group posts strong Q1 results amid growth plans

First Watch Restaurant Group delivered robust Q1 2023 results, showcasing strong sales growth and improved profitability metrics.
While facing challenges like regulatory increases and potential traffic slowdowns, the company remains focused on growth strategies and operational excellence.
Opportunities lie in expansion plans, menu innovation, and customer experience enhancements to drive future performance.
Overall, First Watch's performance reflects resilience and strategic focus amidst industry challenges and opportunities.

First Watch Restaurant Group posts robust Q2 results and eyes growth opportunities

First Watch Restaurant Group (FWRG) reported strong financial performance and operational success in Q2 2023, driven by sales growth and strategic initiatives.
Despite facing challenges related to inflation and delivery traffic headwinds, the company remains focused on growth and enhancing customer experiences.
With a clear focus on in-restaurant dining customers, FWRG aims to capitalize on opportunities for expansion and operational efficiency to drive future growth.
Management's commitment to meeting demand, improving profitability, and sustaining a customer-centric approach positions FWRG for continued success in the market.

First Watch Restaurant Group (FWRG) reports robust Q3 earnings and expansion plans

First Watch Restaurant Group (FWRG) delivered strong financial performance in Q3 2023, outperforming the industry and raising its full-year outlook.
The company's focus on employee engagement, growth through new restaurant openings, and strategic acquisitions positions it well for future success.
While facing challenges such as increased expenses and macroeconomic uncertainties, FWRG remains optimistic about its growth prospects and operational efficiency.

First Watch Restaurant Group excels in 2023, eyes growth opportunities

First Watch Restaurant Group had a remarkable 2023 with strong financial performance and operational achievements.
While facing challenges like flat to negative traffic and site-specific prototype adjustments, the company is well-positioned for growth.
Opportunities lie in expansion into new markets, optimizing pricing strategies, and enhancing off-premise sales and customer relationships.

First Watch Restaurant Group posts strong Q1 results and eyes growth

First Watch's Q1 2024 performance reflects resilience and strategic focus on sustainable growth amidst challenges.
The company's emphasis on tech innovation, operational efficiency, and market expansion positions it for future success.
Balancing short-term challenges with long-term opportunities, First Watch remains committed to driving value and growth.

First Watch Restaurant Group reports robust Q2 performance and growth opportunities

First Watch Restaurant Group (FWRG) delivered strong Q2 results with revenue growth and improved customer metrics.
Despite challenges in the industry, FWRG's strategic focus on technology, customer service, and value proposition positions it for future growth.
Maintaining operational efficiency and navigating industry uncertainties are key priorities for FWRG's continued success.

First Watch Restaurant Group reports robust Q3 performance and growth outlook

First Watch Restaurant Group's Q3 performance reflects strong sales and EBITDA growth, with a focus on customer-centric strategies and operational improvements. While facing challenges in sales growth estimates and cost pressures, the company is optimistic about its growth trajectory and expansion plans.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BRADENTON, Fla., Nov. 29, 2021 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“First Watch” or the “Company”) (Nasdaq: FWRG), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that Christopher Tomasso, CEO and President, and Mel Hope, Chief Financial Officer, will be hosting a virtual fireside chat at the Barclays Eat Sleep Play Conference on Wednesday, December 1, 2021 beginning at 9:45 a.m. Eastern Time.

First Watch Restaurant Group, Inc. to Participate in the Barclays Eat Sleep Play Conference

Robust Same-Restaurant Sales Growth of 46.2% and Traffic Growth of 40.1% Robust Same-Restaurant Sales Growth of 46.2% and Traffic Growth of 40.1%

CORRECTION -- First Watch Restaurant Group, Inc. Reports Third Quarter Financial Results

Vita Coco

Rent the Runway

At long last, you can invest in First Watch Restaurant Group, Vita Coco, and Rent the Runway -- but should you?

3 Companies That Went Public in October

Revel in the holiday spirit with First Watch's new seasonal menu featuring spicy, sweet and savory dishes sure to make the season merry and bright – including a breakfast sandwich featuring cult favorite Mike's Hot Honey – now available at restaurants nationwide for a limited time Revel in the holiday spirit with First Watch's new seasonal menu featuring spicy, sweet and savory dishes sure to make the season merry and bright – including a breakfast sandwich featuring cult favorite Mike's Hot Honey – now available at restaurants nationwide for a limited time

First Watch Brings the Heat This Holiday Season with Festive Menu Additions

Jefferies analyst Andy Barish initiated coverage on  First Watch Restaurant Group Inc (NASDAQ:FWRG) with a Buy rating and $30 price target, implying an upside of 37%. Barish said First Watch's strong brand and unique "daytime dining" model can generate "best-in-class unit economics" and a solid margin profile.

Analysts See Upto 37% Upside In First Watch Restaurant

Conference Call and Webcast to be Held on November 9, 2021 Conference Call and Webcast to be Held on November 9, 2021

First Watch Restaurant Group, Inc. to Report Third Quarter 2021 Financial Results on November 8, 2021

First Watch Restaurant Group has seen a solid public debut. This refreshing restaurant concept has been doing well, and is already posting record results soon after the reopening of the economy.

First Watch Restaurant Group Stock: Watching, Not Investing

BRADENTON, Fla., Oct. 05, 2021 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“First Watch” or the “Company”) (Nasdaq: FWRG), the Daytime Dining concept serving breakfast, brunch and lunch, today announced the closing of its initial public offering of 10,877,850 shares of its common stock including the full exercise by the underwriters of their option to purchase an additional 1,418,850 shares of common stock at the initial public offering price of $18.00 per share, less underwriting discounts and commissions. Gross proceeds from the offering were approximately $195.8 million, before underwriting discounts and commissions and estimated offering expenses. The common stock began trading on the Nasdaq Global Select Market on October 1, 2021.

First Watch Restaurant Group, Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

Amplitude

Olaplex Holdings

Warby Parker

The IPO market remained active this past week as four IPOs raised $2.3 billion, joined by two direct listings.

US IPO Weekly Recap: The IPO Market Can See Clearly Now In A 4 IPO, 2 Direct Listing Week

BRADENTON, Fla., Oct. 01, 2021 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“First Watch” or “the Company”), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it has officially become a publicly traded company on the NASDAQ Global Select Market under the ticker symbol “FWRG.”

First Watch Restaurant Group, Inc. Announces Initial Public Offering

News for First Watch Restaurant Group Stock (FWRG)