First Watch Restaurant Group Stock News

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, impacting First Watch's high price points and elaborate food offerings, making it hard to thrive in a value-driven environment. Rising food and labor costs, particularly for eggs and dairy, are squeez...

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 - President and Chief Executive Officer Mel Hope - Chief Financial Officer Matt Eisenacher - Chief Brand Officer Conference Call Participants Andrew Charles - TD Cowen Jim Salera - Stephens Inc Brian Vacc...

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

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 Long-term Growth Strategy

Boylston St. restaurant signals Daytime Dining leader's continued New England expansion Boylston St. restaurant signals Daytime Dining leader's continued New England expansion

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 concept serving breakfast, brunch and lunch, today announced the acquisition of three of its franchise-owned restaurants and corresponding development rights in Missouri.

First Watch Restaurant Group NASDAQ: FWRG is a first-rate small-cap growth stock on track to triple in size over the next ten years. The company stands out among restaurants in the sit-down breakfast category, serving above-average-quality traditional breakfast alongside an eclectic menu of appetizing choices.

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 driven by new openings, First Watch faces negative free cash flow and increasing debt, complicating its financial stability and ability to return capital to shareholders. FWRG stock is not cheap, t...