First Watch Restaurant Group, Inc. (FWRG)
| Market Cap | 682.91M -36.0% |
| Revenue (ttm) | 1.22B +20.3% |
| Net Income | 19.43M +2.7% |
| EPS | 0.31 +3.3% |
| Shares Out | 61.14M |
| PE Ratio | 36.32 |
| Forward PE | 58.53 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 119,801 |
| Open | 11.38 |
| Previous Close | 11.48 |
| Day's Range | 11.04 - 11.38 |
| 52-Week Range | 10.09 - 20.55 |
| Beta | 0.98 |
| Analysts | Strong Buy |
| Price Target | 20.64 (+84.78%) |
| Earnings Date | May 5, 2026 |
About FWRG
First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is based in Bradenton, Florida.
Financial Performance
In 2025, FWRG's revenue was $1.22 billion, an increase of 20.34% compared to the previous year's $1.02 billion. Earnings were $19.43 million, an increase of 2.68%.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for FWRG stock is "Strong Buy." The 12-month stock price target is $20.64, which is an increase of 84.78% from the latest price.
News
UPDATE – First Watch Restaurant Group, Inc. Reports 2025 Financial Results and Provides Outlook for 2026
BRADENTON, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and ...
First Watch Restaurant Group, Inc. Announces Retirement of Chief Financial Officer Mel Hope and Transition Plan
BRADENTON, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and ...
First Watch Restaurant Group, Inc. Reports 2025 Financial Results and Provides Outlook for 2026
BRADENTON, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and ...
First Watch Restaurant Group, Inc. Reports Preliminary Operational Metrics for the Fourth Quarter and Fiscal Year 2025
BRADENTON, Fla., Jan. 12, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and ...
First Watch Restaurant Group, Inc. to Participate in the 28th Annual ICR Conference
BRADENTON, Fla., Jan. 05, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and ...
First Watch Restaurant Group, Inc. to Participate in Two December Investor Conferences
BRADENTON, Fla., Nov. 25, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc., (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and...
First Watch Restaurant Group, Inc. to Participate at the Stephens Annual Investment Conference on November 18-19, 2025
BRADENTON, Fla., Nov. 13, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc., (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and...
First Watch Restaurant Group, Inc. Announces Secondary Offering of Common Stock
BRADENTON, Fla., Nov. 05, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, ...
First Watch Named #1 Most Loved Workplace® in America for Second Consecutive Year
Daytime Dining leader recognized for the fourth year powered by employee voices Daytime Dining leader recognized for the fourth year powered by employee voices
Viva Las Breakfast! First Watch Makes Nevada Debut with New Craig Road Location
The popular breakfast, brunch and lunch spot celebrates with the local community during a special grand opening event The popular breakfast, brunch and lunch spot celebrates with the local community d...
First Watch Restaurant Group, Inc. to Participate at Piper Sandler's Growth Frontiers Conference on September 9-11, 2025
BRADENTON, Fla., Aug. 27, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc., (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and...
First Watch Restaurant Group, Inc. Reports Q2 2025 Financial Results and Reaches 600th System-Wide Restaurant Milestone
Total revenues increased 19.1% Net income of $2.1 million and Adjusted EBITDA of $30.4 million 17 new system-wide restaurants opened in 8 states Raising 2025 Adjusted EBITDA guidance
First Watch Restaurant Group, Inc. to Participate in Two June Investor Conferences
BRADENTON, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and l...
Why this analyst says restaurants are 'relatively well' set up for an economic slowdown
Texas Roadhouse stock is up after reporting mixed earnings results. Citi director and restaurant analyst Jon Tower explains how consumer behavior and macroeconomic headwinds are shaping the restaurant...
First Watch Restaurant Group, Inc. Reports Q1 2025 Financial Results
Total revenues increased 16.4% Net loss of $(0.8) million and Adjusted EBITDA of $22.8 million 13 new system-wide restaurants opened in 10 states
First Watch Acquires 16 Franchise Restaurants in North and South Carolina
Acquisition Marks Second Largest Franchisee Deal in First Watch's History, Underscores Long-term Growth Strategy Acquisition Marks Second Largest Franchisee Deal in First Watch's History, Underscores ...
First Watch Announces Flagship Location in Heart of Downtown Boston
Boylston St. restaurant signals Daytime Dining leader's continued New England expansion Boylston St. restaurant signals Daytime Dining leader's continued New England expansion
First Watch Acquires 3 Franchise Restaurants in Missouri
BRADENTON, Fla., April 14, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (together with its subsidiaries “First Watch” or the “Company”), the leading Daytime Dining concep...
First Watch Sees Brighter 2025 With Improved Marketing, Lower Egg Costs, Says Analyst
First Watch Restaurant Group Inc's FWRG same-store sales performance is likely to improve in 2025, given signs of headwinds dissipating in 2024 and more effective marketing, according to TD Cowen.
First Watch Stock Slips as Executives Warn of Egg Costs Hurting Margins
Shares of First Watch Restaurant Group (FWRG) dropped on Tuesday as the breakfast chain said it expects high prices of eggs and other commodities will likely pressure its margins this year.
Jefferies' Andy Barish gives his top restaurant picks for 2025
Andy Barish, Jefferies managing director of equity research, joins 'The Exchange' to discuss his restaurant outlook in 2025.
First Watch Restaurant Group, Inc. Announces Pricing of Secondary Offering of Common Stock
BRADENTON, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, ...
First Watch Inspires Acts of Kindness with ‘Sweet' Gesture on World Kindness Day
Restaurant giving away 15,000 Cinnamon Rolls for customers to pay forward on November 13 Restaurant giving away 15,000 Cinnamon Rolls for customers to pay forward on November 13
First Watch Restaurant Group, Inc. Reports Q3 2024 Financial Results
Total revenues increased 14.8% Net income of $2.1 million and Adjusted EBITDA growth of 18% to $25.6 million 9 new system-wide restaurants opened in 8 states
First Watch Restaurant Group, Inc. to Report Third Quarter 2024 Financial Results on November 7, 2024
BRADENTON, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and ...