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2023-08-01 07:27:02 ET First Watch Restaurant press release ( NASDAQ: FWRG ): Q2 GAAP EPS of $0.13 beats by $0.05 . Revenue of $216.3M (+17.3% Y/Y) beats by $5.64M . System-wide sales increased 17.4% to $271.5 million in Q2 2023 from $231.2 million in Q2 2022. ...
Same-restaurant sales growth of 7.8% Income from operations margin of 5.3% and Restaurant level operating profit margin of 20.9% Net income of $8.0 million and Adjusted EBITDA of $25.8 million 9 system-wide restaurants opened across 6 states Raising 2023 Adjusted EBITDA gu...
2023-07-22 09:57:01 ET The focus on the restaurant sector heats up next week as the Q2 earnings season begins, with McDonald's ( NYSE: MCD ) and Domino's Pizza ( DPZ ) due to step into the earnings confessional. Restaurant traffic and sales have been resilient this year, al...
2023-07-20 08:38:10 ET Summary First Watch Restaurant has a long growth runway, considering that it has the potential to increase its number of restaurants from 484 as of end-March to over 2,200 in the future. First Watch's favorable store economics, its talent recruitment edge, a...
BRADENTON, Fla., July 19, 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 the appointment of Irene Chang Britt to its Bo...
BRADENTON, Fla., July 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 second quarter 20...
2023-06-27 16:41:55 ET First Watch Restaurant Group ( NASDAQ: FWRG ) said on Tuesday that it had acquired all five of its previously franchise-owned restaurants and corresponding development rights in Milwaukee, Wisconsin. FWRG funded the deal with cash on hand. Pre...
BRADENTON, Fla., June 27, 2023 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) ( “ First Watch” or the “ Company”), the leading Daytime Dining concept, announced that it has acquired, effective Monday, June 26, all five of its previous...
2023-06-16 15:00:31 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...
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% . ...
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BRADENTON, Fla., July 23, 2024 (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 second quarter 20...
2024-07-21 21:08:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...