First Watch Restaurant Group, Inc. (FWRG)
| Market Cap | 961.86M |
| Revenue (ttm) | 1.06B |
| Net Income (ttm) | 10.88M |
| Shares Out | 60.99M |
| EPS (ttm) | 0.17 |
| PE Ratio | 92.12 |
| Forward PE | 62.98 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,021,409 |
| Open | 16.00 |
| Previous Close | 15.99 |
| Day's Range | 15.51 - 16.06 |
| 52-Week Range | 12.90 - 22.71 |
| Beta | 1.01 |
| Analysts | Strong Buy |
| Price Target | 21.82 (+38.36%) |
| Earnings Date | May 6, 2025 |
About FWRG
First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. The company was founded in 1983 and is based in Bradenton, Florida. [Read more]
Financial Performance
In 2024, FWRG's revenue was $1.02 billion, an increase of 13.95% compared to the previous year's $891.55 million. Earnings were $18.93 million, a decrease of -25.45%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for FWRG stock is "Strong Buy." The 12-month stock price forecast is $21.82, which is an increase of 38.36% from the latest price.
News
Why this analyst says restaurants are 'relatively well' set up for an economic slowdown
Texas Roadhouse stock is up after reporting mixed earnings results. Citi director and restaurant analyst Jon Tower explains how consumer behavior and macroeconomic headwinds are shaping the restaurant...
First Watch Restaurant: Breakfast Slump Scrambles The Stock
First Watch's Q1 results were disappointing, with EPS of -$0.01 and revenue of $282.3 million, missing Wall Street estimates and causing a stock drop. Breakfast traffic has declined significantly, imp...
First Watch Restaurant Group, Inc. (FWRG) Q1 2025 Earnings Call Transcript
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Steven Marotta - Vice President, Investor Relations Chris Tomasso - Presi...
First Watch Restaurant Group, Inc. Reports Q1 2025 Financial Results
Total revenues increased 16.4% Net loss of $(0.8) million and Adjusted EBITDA of $22.8 million 13 new system-wide restaurants opened in 10 states
First Watch Acquires 16 Franchise Restaurants in North and South Carolina
Acquisition Marks Second Largest Franchisee Deal in First Watch's History, Underscores Long-term Growth Strategy Acquisition Marks Second Largest Franchisee Deal in First Watch's History, Underscores ...
First Watch Announces Flagship Location in Heart of Downtown Boston
Boylston St. restaurant signals Daytime Dining leader's continued New England expansion Boylston St. restaurant signals Daytime Dining leader's continued New England expansion
First Watch Acquires 3 Franchise Restaurants in Missouri
BRADENTON, Fla., April 14, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (together with its subsidiaries “First Watch” or the “Company”), the leading Daytime Dining concep...
First Watch Sees Brighter 2025 With Improved Marketing, Lower Egg Costs, Says Analyst
First Watch Restaurant Group Inc's FWRG same-store sales performance is likely to improve in 2025, given signs of headwinds dissipating in 2024 and more effective marketing, according to TD Cowen.
First Watch Restaurant: Why Daytime Meals Aren't My Bet For Q1
First Watch's traffic and same-store sales are declining, with breakfast seeing the steepest drop, raising concerns about its premium positioning and value-per-dollar equation. Despite revenue growth ...
First Watch Stock Slips as Executives Warn of Egg Costs Hurting Margins
Shares of First Watch Restaurant Group (FWRG) dropped on Tuesday as the breakfast chain said it expects high prices of eggs and other commodities will likely pressure its margins this year.
First Watch Restaurant Group, Inc. (FWRG) Q4 2024 Earnings Call Transcript
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q4 2024 - Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Steven Marotta - VP, IR Chris Tomasso - President and CEO Mel Hope -...
First Watch Restaurant: A Dull Morning In Q4 Overshadowed By Other Family Dining Competitors
First Watch is a unique, fast-growing family dining chain with a focus on breakfast, brunch, and lunch, avoiding discounts and maintaining high unit-level margins. Despite industry recovery, First Wat...
Jefferies' Andy Barish gives his top restaurant picks for 2025
Andy Barish, Jefferies managing director of equity research, joins 'The Exchange' to discuss his restaurant outlook in 2025.
First Watch Restaurant: Between Hurricanes And Acquisitions, The Sun Shines
First Watch Restaurant Group maintains its stance against value promotions, focusing on targeted advertising, resulting in a 1.9% year-over-year decline in comparable sales due to lower traffic. The c...
First Watch Restaurant Group, Inc. Announces Pricing of Secondary Offering of Common Stock
BRADENTON, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, ...
First Watch Restaurant Group, Inc. Announces Secondary Offering of Common Stock
BRADENTON, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, ...
First Watch Inspires Acts of Kindness with ‘Sweet' Gesture on World Kindness Day
Restaurant giving away 15,000 Cinnamon Rolls for customers to pay forward on November 13 Restaurant giving away 15,000 Cinnamon Rolls for customers to pay forward on November 13
First Watch Restaurant Group, Inc. (FWRG) Q3 2024 Earnings Conference Call Transcript
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Steven Marotta - VP, IR Chris Tomasso - President and CEO Mel Hope -...
First Watch Restaurant Group, Inc. Reports Q3 2024 Financial Results
Total revenues increased 14.8% Net income of $2.1 million and Adjusted EBITDA growth of 18% to $25.6 million 9 new system-wide restaurants opened in 8 states
First Watch Restaurant Group, Inc. to Report Third Quarter 2024 Financial Results on November 7, 2024
BRADENTON, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and ...
First Watch Restaurant Group, Inc. Provides Status of Company Restaurants Affected by Hurricane Milton
BRADENTON, Fla., Oct. 14, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”) provides the following information regarding Hurricane Milton.
First Watch Restaurant Group Inc (FWRG) Shares Down 4.33% on Oct 2
Shares of First Watch Restaurant Group Inc (FWRG, Financial) fell 4.33% in mid-day trading on Oct 2. The stock reached an intraday low of $14.31, before recovering slightly to $14.37, down from its pr...
First Watch Named Newsweek's #1 Most Loved Workplace® in America
Daytime Dining leader recognized for the third consecutive year for team member sentiment and satisfaction Daytime Dining leader recognized for the third consecutive year for team member sentiment and...
First Watch Restaurant: Q2, Traffic Issues Are Likely Temporary (Rating Upgrade)
First Watch Restaurant Group's Q2 showed a considerable traffic decline, but solid underlying earnings growth from a growing scale and upkept pricing. First Watch adjusted its 2024 guidance to reflect...
First Watch Restaurant: A Non-Traditional Recipe For Dealing With Traffic
First Watch's strategy of avoiding value promotions in a price-sensitive market is risky, potentially leading to negative comparable sales in Q3 and Q4. The company's focus on menu innovations and pre...