FWRG News and Press, First Watch Restaurant Group Inc. From 11/07/22

Total revenues of $186.9 million, up 18.7% compared to prior year Same-restaurant sales growth of 12.0% driven by same-restaurant traffic growth of 3.7% Income from operations margin of 1.4% and restaurant level operating profit margin of ...

BRADENTON, Fla., Oct. 31, 2022 (GLOBE NEWSWIRE) -- As fall gives way to the festive holiday season, First Watch , the leading Daytime Dining concept with more than 445 restaurants nationwide, is inviting guests to enjoy the splendor and flavor of “the most wonderful time of the y...

BRADENTON, Fla., Oct. 24, 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, today announced that it plans to release its third...

Summary Daypart meals are becoming increasingly popular, which supports FWRG growth. There is still tons of room available for FWRG to continue growing. Management has demonstrated a strong execution history. Summary I recommend a BUY rating on First Watch ( FW...

Summary First Watch Restaurant Group went public in September 2021, raising approximately $170 million in a U.S. IPO. The firm operates a network of mostly corporate-owned breakfast and lunch 'Daytime Dining' restaurants in the United States. First Watch has performed well rec...

BRADENTON, Fla., Oct. 12, 2022 (GLOBE NEWSWIRE) -- First Watch , the leading Daytime Dining concept with more than 445 restaurants nationwide, has been named a top 100 Most Loved Workplace® by Newsweek and the Best Practice Institute (BPI). Ranked as one of four restaurant companie...

Summary First Watch is one of the best performing restaurant stocks year-to-date, down just 10% vs. a 24% decline in the AdvisorShares Restaurant ETF (EATZ). This outperformance can be attributed to the company's strong results to date, with First Watch managing to easily buck ind...

BRADENTON, Fla., Oct. 03, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) ( “ First Watch” or the “Company”), the Florida-based leading Daytime Dining concept with more than 445 restaurants nationwide, today provided an update o...

The announcement of a secondary stock issue gave First Watch Restaurant Group (NASDAQ: FWRG) a bit of indigestion this week. As a result, across the five trading days the company's share price dived a queasy 18%, according to data compiled by S&P Global Market Intelligence ....

First Watch Restaurant ( NASDAQ: FWRG ) has priced an underwritten secondary public offering by certain stockholders of the company of 4.5M shares of the company’s common stock, par value $0.01/share, at a price to the public of $15.50/ share. Offering is expected t...