First Watch Restaurant Group, Inc. (FWRG)
| Market Cap | 761.78M |
| Revenue (ttm) | 1.22B |
| Net Income (ttm) | 19.43M |
| Shares Out | 61.14M |
| EPS (ttm) | 0.31 |
| PE Ratio | 40.19 |
| Forward PE | 65.79 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,503,831 |
| Open | 12.10 |
| Previous Close | 12.46 |
| Day's Range | 11.93 - 12.63 |
| 52-Week Range | 11.93 - 21.99 |
| Beta | 0.89 |
| Analysts | Strong Buy |
| Price Target | 20.64 (+65.65%) |
| Earnings Date | Feb 24, 2026 |
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. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida. [Read more]
Financial Performance
In 2025, FWRG's revenue was $1.22 billion, an increase of 20.34% compared to the previous year's $1.02 billion. Earnings were $19.43 million, an increase of 2.68%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for FWRG stock is "Strong Buy." The 12-month stock price target is $20.64, which is an increase of 65.65% from the latest price.
News
First Watch Restaurant: The Risk I Flagged Is Now In The Price
First Watch Restaurant Group, Inc. remains a Hold as growth slows, with FY 2026 guidance disappointing versus prior expectations. FWRG's same-store sales growth is projected to decelerate to 1–3%, and...
First Watch Restaurant Group, Inc. (FWRG) Q4 2025 Earnings Call Transcript
First Watch Restaurant Group, Inc. (FWRG) Q4 2025 Earnings Call Transcript
UPDATE – First Watch Restaurant Group, Inc. Reports 2025 Financial Results and Provides Outlook for 2026
BRADENTON, Fla., Feb. 24, 2026 (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. Announces Retirement of Chief Financial Officer Mel Hope and Transition Plan
BRADENTON, Fla., Feb. 24, 2026 (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. Reports 2025 Financial Results and Provides Outlook for 2026
BRADENTON, Fla., Feb. 24, 2026 (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. Reports Preliminary Operational Metrics for the Fourth Quarter and Fiscal Year 2025
BRADENTON, Fla., Jan. 12, 2026 (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. to Participate in the 28th Annual ICR Conference
BRADENTON, Fla., Jan. 05, 2026 (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 Is A Good Deal Right Now
First Watch (FWRG) is a modern, upscale brunch-focused diner outpacing legacy competitors with strong comps, rising margins, and affluent customer appeal. FWRG reported 25.6% revenue growth, 7.1% comp...
First Watch Restaurant Group, Inc. to Participate in Two December Investor Conferences
BRADENTON, Fla., Nov. 25, 2025 (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. to Participate at the Stephens Annual Investment Conference on November 18-19, 2025
BRADENTON, Fla., Nov. 13, 2025 (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. Announces Secondary Offering of Common Stock
BRADENTON, Fla., Nov. 05, 2025 (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. (FWRG) Q3 2025 Earnings Call Transcript
First Watch Restaurant Group, Inc. ( FWRG) Q3 2025 Earnings Call November 4, 2025 8:00 AM EST Company Participants Steven Marotta - Vice President of Investor Relations Christopher Tomasso - CEO, Pre...
First Watch Restaurant Group Is Surprisingly Tasty
First Watch Restaurant Group is a rapidly growing daytime dining chain with strong revenue growth and a unique, quality-focused menu. FWRG is shifting from franchised to company-owned locations, captu...
First Watch Named #1 Most Loved Workplace® in America for Second Consecutive Year
Daytime Dining leader recognized for the fourth year powered by employee voices Daytime Dining leader recognized for the fourth year powered by employee voices
Viva Las Breakfast! First Watch Makes Nevada Debut with New Craig Road Location
The popular breakfast, brunch and lunch spot celebrates with the local community during a special grand opening event The popular breakfast, brunch and lunch spot celebrates with the local community d...
First Watch Restaurant Group, Inc. to Participate at Piper Sandler's Growth Frontiers Conference on September 9-11, 2025
BRADENTON, Fla., Aug. 27, 2025 (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: Brunch Boom, Earnings On The Side
First Watch delivered strong Q2 results, with traffic and same-store sales growth outpacing competitors, but missed EPS due to margin pressure. The chain's growth pipeline is robust, with aggressive n...
First Watch Restaurant Group, Inc. (FWRG) Q2 2025 Earnings Call Transcript
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q2 2025 Earnings Conference Call August 5, 2025 8:00 AM ET Company Participants Christopher A. Tomasso - CEO, President & Director Henry Melville Hope...
First Watch Restaurant Group, Inc. Reports Q2 2025 Financial Results and Reaches 600th System-Wide Restaurant Milestone
Total revenues increased 19.1% Net income of $2.1 million and Adjusted EBITDA of $30.4 million 17 new system-wide restaurants opened in 8 states Raising 2025 Adjusted EBITDA guidance
First Watch Restaurant Group, Inc. to Participate in Two June Investor Conferences
BRADENTON, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and l...
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 ...