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FWRG News and Press, First Watch Restaurant Group Inc. From 06/08/23

Stock Information

Company Name: First Watch Restaurant Group Inc.
Stock Symbol: FWRG
Market: NASDAQ
Website: firstwatch.com

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FWRG - SIEN, JFIN and PFMT are among after hour movers

2023-06-08 18:08:17 ET Gainers: Sientra ( SIEN ) +77% . Braze ( BRZE ) +10% . Expensify ( EXFY ) +7% . Jiayin Group  ( JFIN ) +6% . Mission Produce ( AVO ) +5% . Losers: Elevation Oncology ( ELEV ) -26% . ...

FWRG - First Watch Restaurant files to sell 3M shares of common stock for holders

2023-06-08 16:44:45 ET First Watch Restaurant Group ( NASDAQ: FWRG ) has launched an underwritten secondary offering by certain funds managed by Advent International Corporation of 3M shares of the Co.’s common stock. The underwriter has a 30-day option to purchase ...

FWRG - Are QSR Companies Becoming Recession Resistant? We Think So And Starbucks Is Our Favorite

2023-05-30 09:42:07 ET Summary The consumer sector is experiencing an interesting trend, with QSR companies performing exceptionally well while other consumer stocks face demand slowdown. In this article, I take a deep dive into this trend and examine the reason for QSR's outperfo...

FWRG - First Watch Restaurant Group, Inc. to Participate in Two June Investor Conferences

BRADENTON, Fla., May 24, 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 it will participate in two June investor confer...

FWRG - First Watch Restaurant Group launches secondary offering of 3.5M shares

2023-05-15 18:01:07 ET First Watch Restaurant Group ( NASDAQ: FWRG ) said Monday it is launching a secondary offering of 3.5 million shares. Certain funds managed by Advent International Corporation are the selling stockholders in the offering. The selling stockholders wil...

FWRG - First Watch Restaurant Group, Inc. Announces Secondary Offering of Common Stock

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 &#...

FWRG - First Watch Restaurant Group, Inc. (FWRG) Q1 2023 Earnings Call Transcript

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...

FWRG - First Watch Restaurant stock flies higher on strong sales growth

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...

FWRG - First Watch Restaurant GAAP EPS of $0.15 beats by $0.06, revenue of $211.05M beats by $2.37M

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 ...

FWRG - First Watch Restaurant Group, Inc. Reports Strong Q1 2023 Financial Results

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 ...

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