FWRG News and Press, First Watch Restaurant Group Inc. From 05/15/23

BRADENTON, Fla., May 15, 2023 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), a leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the launch of an underwritten secondary offering (the &#...

2023-05-02 14:41:02 ET First Watch Restaurant Group, Inc. (FWRG) Q1 2023 Earnings Conference Call May 2, 2023 08:00 ET Company Participants Steve Marotta - Vice President of Investor Relations Chris Tomasso - Chief Executive Officer & President Mel Hope - Chi...

2023-05-02 08:16:40 ET First Watch Restaurant ( NASDAQ: FWRG ) shares rose about 12% in premarket action on Tuesday after topping Q1 expectations. Management reported $0.15 in earnings per share, coming in $0.06 above analyst expectations. Meanwhile, a 21.9% jump in reve...

2023-05-02 07:19:59 ET First Watch Restaurant press release ( NASDAQ: FWRG ): Q1 GAAP EPS of $0.15 beats by $0.06 . Revenue of $211.05M (+21.9% Y/Y) beats by $2.37M . System-wide sales increased 23.6% to $264.7 million in Q1 2023 from $214.1 million in Q1 2022 ...

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...