FWRG News and Press, First Watch Restaurant Group Inc. From 05/02/23

Same-restaurant sales growth of 12.9% driven by same-restaurant traffic growth of 5.1% Income from operations margin of 7.4% and restaurant level operating profit margin of 21.2% Net income of $9.4 million and Adjusted EBITDA of $27.4 million ...

BRADENTON, Fla., May 01, 2023 (GLOBE NEWSWIRE) -- First Watch Restaurant Group , Inc. (NASDAQ: FWRG) ( “ First Watch” or the “ Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, announced that it has acquired, effective t...

BRADENTON, Fla., April 18, 2023 (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 it plans to release its first quarter 20...

2023-04-04 13:56:43 ET Summary Changes in morning routines and employees returning to the office offer First Watch Restaurant Group potential growth opportunities. The company has ambitious plans for future expansion, despite mass competition. It taps into Millennial and Gen Z...

2023-03-27 16:40:14 ET Summary FWRG reported its Q4 earnings, capping off a record year of profitable growth. An ongoing national expansion alongside same-restaurant sales growth highlights the positive outlook. We like the stock which is supported by overall solid fundamental...

2023-03-26 12:00:00 ET In recent surveys from UBS and Citi, both Yum! Brands ( NYSE: YUM ) and Texas Roadhouse ( NASDAQ: TXRH ) were highlighted as key standouts expected to perform amid uncertain macro conditions. In a new survey published on Friday, UBS hig...

2023-03-08 07:16:01 ET Bank of America kept a bullish view on First Watch Restaurant Group ( NASDAQ: FWRG ) after pointing to a Q4 earnings report that showed off strong traffic growth and moderating cost inflation trends even though revenue and EPS were behind the consensus...

2023-03-07 13:44:04 ET First Watch Restaurant Group, Inc. (FWRG) Q4 2022 Earnings Call Transcript March 07, 2023 08:00 AM ET Company Participants Steve Marotta - Vice President of Investor Relations Chris Tomasso - Chief Executive Officer & President Mel Hope...

2023-03-07 10:57:43 ET The following slide deck was published by First Watch Restaurant Group, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: First Watch Restaurant Group, Inc. 2022 Q4 - Results - Earnings Call Presentation

2023-03-07 07:06:40 ET First Watch Restaurant press release ( NASDAQ: FWRG ): Q4 GAAP EPS of -$0.01 misses by $0.04 . Revenue of $185.74M (+14.2% Y/Y) misses by $1.82M . System-wide sales increased 15.6% to $234.2 million in Q4 2022 from $202.7 million in Q4 20...