FWRG News and Press, First Watch Restaurant Group Inc. From 08/09/22

Same-restaurant sales growth of 13.4% driven by same-restaurant traffic growth of 8.1% Income from operations margin of 2.8% and restaurant level operating profit margin of 18.2% 9 system-wide restaurants opened across 7 states BRADENTON, FL, Aug. 09, 2022 (GLOBE NEWSWIR...

BRADENTON, Fla., Aug. 02, 2022 (GLOBE NEWSWIRE) -- First Watch (NASDAQ: FWRG), the leader in Daytime Dining, has partnered with WinCup, Inc. to replace about 30 million plastic straws annually in its more than 440 restaurants nationwide with phade ® , a first-of-its-kind sustai...

BRADENTON, Fla., July 26, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it plans to release its second quarter 2022...

Company operates cafes focused on breakfast, brunch, and lunch. The plan is to expand the footprint to 2,200 restaurants from the current 441. Increased focus on alcohol, lunch, and menu innovation, to drive additional growth. We are initiating on the stock with a Buy Rating a...

First Watch Restaurant Group, Inc. (FWRG) Q1 2022 Results Earnings Conference Call May 10, 2022, 08:00 AM ET Company Participants Raphael Gross - Investor Relations, ICR Chris Tomasso - Chief Executive Officer and President Mel Hope - Chief Financial Officer Conference Call Participants Chris...

Gainers: Vroom (VRM) +18%. Angi  (ANGI) +17%. Fluent (FLNT) +15%. Party City Holdco  (PRTY) +14%. First Watch Restaurant Group (FWRG) +10%. Losers: Regis Corporation (RGS) -38%. Kaleyra (KLR) -38%. CarGurus (CARG) -28%. National Visi...

First Watch Restaurant press release (NASDAQ:FWRG): Q1 GAAP EPS of $0.08 beats by $0.03. Revenue of $173.1M (+36.1% Y/Y) beats by $4.37M. Adjusted EBITDA increased to $19.4 million in Q1 2022 from $13.0 million in Q1 2021 The Company reiterated its fiscal year 2022 guidance and provided an ou...

Same-restaurant sales growth of 27.2% driven by same-restaurant traffic growth of 21.9% Income from operations margin of 4.5% and restaurant level operating profit margin of 19.6% 7 system-wide restaurants opened across 5 states BRADENTON, Fla., May 10, 2022 (GLOBE NEWSWIRE) -- Firs...

BRADENTON, Fla., April 26, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it plans to release its first quarter 2022...

Citi took a broad look at the restaurant sector on Tuesday and initiated coverage on a large number of stocks. Analyst Jon Tower said a once euphoric reopening feeding frenzy on restaurant stocks is now a purge amid the concerns over supply chain disruptions, labor shortages and the impact of...