FWRG News and Press, First Watch Restaurant Group Inc. From 09/07/22

BRADENTON, Fla., Sept. 07, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced that Christopher A. Tomasso, CEO and Pr...

Summary Customer traffic continues to expand, driving strong momentum in sales. Best positioned to grow market share during a possible recession. Alcoholic beverage roll-out likely to deliver major sales growth. We’re maintaining our 1-year Price Target of $30/share...

BRADENTON, Fla., Aug. 22, 2022 (GLOBE NEWSWIRE) -- First Watch , the leading Daytime Dining concept with more than 445 restaurants nationwide, is inviting guests to say an early farewell to the scorching summer sun and embrace fall flavors with its new menu of seasonally inspired dishes...

BRADENTON, Fla., Aug. 17, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) ( “ First Watch” or the “ Company”), the leading Daytime Dining concept with more than 445 restaurants nationwide, announced today that Ken Pendery, J...

First Watch released its Q2 results this week, reporting quarterly revenue of $184.5 million, a 20% increase over the year-ago period. This was one of the highest-quality beats we've seen year-to-date for the industry group, with the robust sales performance not merely buoyed by menu ...

The following slide deck was published by First Watch Restaurant Group, Inc. in conjunction with their 2022 Q2 earnings call. For further details see: First Watch Restaurant Group, Inc. 2022 Q2 - Results - Earnings Call Presentation

First Watch Restaurant Group, Inc. (FWRG) Q2 2022 Earnings Conference Call August 9, 2022 8:00 A.M. ET Company Participants Raphael Gross - Investor Relations, ICR Chris Tomasso - Chief Executive Officer and President Mel Hope - Chief Financial Officer Conf...

First Watch Restaurant press release ( NASDAQ: FWRG ): Q2 GAAP EPS of $0.05 beats by $0.02 . Revenue of $184.45M (+19.8% Y/Y) beats by $9.84M . Adjusted EBITDA of $17.8M in Q2 2022 compared to $22.2M in Q2 2021. As a result of our continued strong financial...

First Watch Restaurant Group ( NASDAQ: FWRG ) reported same-restaurant sales growth of 13.4% in Q2 and same-restaurant traffic growth of 8.1%. Same-restaurant sales were up more than 30% compared to the level seen in 2019. Restaurant level operating profit margin fell to...

Same-restaurant sales growth of 13.4% driven by same-restaurant traffic growth of 8.1% Income from operations margin of 2.8% and restaurant level operating profit margin of 18.2% 9 system-wide restaurants opened across 7 states BRADENTON, FL, Aug. 09, 2022 (GLOBE NEWSWIR...