BRADENTON, Fla., Oct. 02, 2024 (GLOBE NEWSWIRE) -- First Watch, the leading Daytime Dining restaurant serving breakfast, brunch and lunch, has been named the #1 Most Loved Workplace® in America by Newsweek and the Best Practice Institute. This is the third consecutive year First Watch has been recognized on the list—a demonstration of the company's focus on championing its "You First" culture for its more than 14,000 employees. "To be named the 'Most Loved Workplace' in America is an incredible honor, becau ...

BartekSzewczyk/iStock via Getty Images First Watch Restaurant Group, Inc. (NASDAQ:FWRG) reported the company's Q2 results in early August, showing a considerable traffic decline amid weaker consumer traffic. First Watch also updated the company's 2024 guidance, now reflecting weaker H2 traffic as well amid challenged consumer spending. Despite the slower traffic, First Watch's overall growth story is still progressing well unless the weaker traffic becomes a long-term trend even after consumer spending reco ...

Tom Werner/DigitalVision via Getty Images Dealing with Slow Traffic: An Inescapable Reality I recently started my 'Goulart's Restaurant Stocks' follow-up on the family restaurant company First Watch (NASDAQ:FWRG) with the article entitled "First Watch Restaurant: The Price For Maintaining Pricing". I highly recommend reading it, where I dissected the financial, operational and strategy structure used for the current restaurant industry environment. That said, I also recommend checking out my other articles ...

BRADENTON, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, recently announced the promotion of Rob Conti to Chief Information Officer. Joining First Watch in 2019, he previously served as Senior Vice President of Information Technology, and brings to the role more than 25 years of experience leading technology solutions and services for prominent hospitality brands. At First Watch, he is respo ...

BRADENTON, Fla., Aug. 22, 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 the appointment of Charles Jemley to its Board of Directors and as Chair of the Audit Committee effective immediately and the appointment of Michael Fleisher to its Board of Directors effective November 1, 2024. "We are pleased to welcome Charley and Michael to our Board of Directors, and ...

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Steven Marotta – Vice President-Investor Relations Chris Tomasso – President and Chief Executive Officer Mel Hope – Chief Financial Officer Conference Call Participants Patrick Johnson – Stifel Brian M. Vaccaro – Raymond James Andy Barish – Jefferies Pratik Patel – Barclays Gregory Francfort – Guggenheim Securities Ali Arfstrom – Piper Sandler Katherine Griffin – Bank of America K ...

For the quarter ended June 2024, First Watch Restaurant Group, Inc. (FWRG) reported revenue of $258.56 million, up 19.5% over the same period last year. EPS came in at $0.14, compared to $0.13 in the year-ago quarter. The reported revenue represents a surprise of +0.75% over the Zacks Consensus Estimate of $256.63 million. With the consensus EPS estimate being $0.12, the EPS surprise was +16.67%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Q2 2024 SUPPLEMENTAL INFORMATION August 6, 2024 CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES 2 FORWARD LOOKING STATEMENTS In addition to historical information, this presentation may contain a number of "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995, which are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different from the statements made herein. A ...

First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.12, delivering a surprise of 20%. Over the last four quar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _____ Commission file number 001-40866 First Watch Restaurant Group, Inc. (Exact name of registrant as specified in its charter) Delaware 82-4271369 ...