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

BRADENTON, Fla., Nov. 22, 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 Chris Tomasso, Chief Executive Offi...

Shares of First Watch Restaurant Group (NASDAQ: FWRG) turned sour on Monday morning. The fast-casual restaurant chain reported solid third-quarter results before the opening bell, but a massive secondary stock offering overshadowed the strong top-line sales. First Watch shares fell ...

First Watch Restaurant Group, Inc. (FWRG) Q3 2022 Earnings Conference Call November 7, 2022 8:00 AM ET Company Participants Raphael Gross - Investor Relations, ICR Chris Tomasso - Chief Executive Officer and President Mel Hope - Chief Financial Officer Conf...

The following slide deck was published by First Watch Restaurant Group, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: First Watch Restaurant Group, Inc. 2022 Q3 - Results - Earnings Call Presentation

First Watch Restaurant press release ( NASDAQ: FWRG ): Q3 GAAP EPS of $0.00 misses by $0.03 . Revenue of $186.85M (+18.7% Y/Y) beats by $5.72M . Same-restaurant sales growth of 12.0% driven by same-restaurant traffic growth of 3.7%. System-wide sales increa...

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...