It’s no exaggeration to say that First Watch (NASDAQ: FWRG ) is the only one of its kind. This fast-growing restaurant chain is arguably the only U.S.-based family dining chainI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our cov ...

First Watch Restaurant Group, Inc. (FWRG) reported fourth-quarter and fiscal 2024 preliminary results. Following the preliminary results, the company’s shares declined 2% yesterday.First Watch CEO and president Chris Tomasso said that the company met its fourth-quarter goal of opening 25 new restaurants, including 23 company-owned locations. He also noted that same-restaurant sales and traffic growth for the quarter were at the high end of expectations. Looking ahead to 2025, Tomasso emphasized the company' ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 8-K ___________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 January 13, 2025 Date of Report (date of earliest event reported) ___________________________________ First Watch Restaurant Group, Inc. (Exact name of registrant as specified in its charter) ___________________________________ Delaware (State or other jurisdiction of inco ...

BRADENTON, Fla., Jan. 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 lunch, today reported certain preliminary operational metrics for the thirteen weeks ended December 29, 2024 ("fourth quarter") and fiscal year ended December 29, 2024 ("2024"). "We delivered on our fourth quarter target of 25 new restaurant openings, including 23 Company-owned sites. Furthermore, fourth quarter ...

BRADENTON, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. ("First Watch" or the "Company") (NASDAQ:FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced that Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer, will participate in two upcoming conferences: The Company will host a fireside chat at the 27th Annual ICR Conference on Jan. 14, 2025 at 10:00 AM ET. The fireside chat will be available at ht ...

First Watch Restaurant Group (NASDAQ: FWRG ) hasn’t really gone back on its word. They are not really a discount brand, even with traffic pushing comparable sales down onceI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. Our coverag ...

First Watch Restaurant Group, Inc. (FWRG) has entered into an agreement to acquire 15 franchise-owned locations and one restaurant under construction in North and South Carolina for a total of $49 million.The transaction is expected to close by mid-April 2025, subject to customary closing conditions, and will be funded with a combination of cash and borrowings from the company’s credit facility.The company views strategic acquisitions of franchise-operated restaurants as a key component of its long-term gro ...

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, today announced the pricing of its previously announced underwritten secondary offering (the “Offering”) by certain funds managed by Advent International, L.P. (the “Selling Stockholders”) of 8,000,000 shares of the Company’s common stock (“Common Stock”). The shares have been offered at a price to the public o ...

BRADENTON, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- A little kindness goes a long way, and First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (together with its subsidiaries “First Watch” or the “Company”) – the leading daytime dining concept specializing in breakfast, brunch and lunch – is spreading the joy this year for World Kindness Day. On Wednesday, November 13, First Watch is giving away more than 15,000 cinnamon rolls for customers to “pay forward” as a random act of kindness in their communities. The ...

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Steven Marotta - VP, IR Chris Tomasso - President and CEO Mel Hope - CFO Conference Call Participants Jim Salera - Stephens Jeffrey Bernstein - Barclays Todd Brooks - The Benchmark Company Andy Barish - Jefferies Brian Vaccaro - Raymond James Katherine Griffin - Bank of America Jon Tower - Citi Gregory Francfort - Guggenheim Securities Operator Greetings, and welcome to the Firs ...