First Watch Restaurant (US:FWRG) ZACKS·2025-11-04 15:36Core Insights - First Watch Restaurant Group, Inc. (FWRG) reported revenue of $316.02 million for the quarter ended September 2025, marking a year-over-year increase of 25.6% [1] - The company's EPS for the same period was $0.05, up from $0.03 a year ago, but fell short of the consensus estimate of $0.08, resulting in an EPS surprise of -37.5% [1] - The reported revenue exceeded the Zacks Consensus Estimate of $306.95 million, resulting in a positive surprise of +2.96% [1] Financial Performance Metrics - Same-restaurant sales growth was reported at 7.1%, surpassing the average estimate of 4.5% based on three analysts [4] - Total system-wide restaurants reached 620, exceeding the average estimate of 611 by three analysts [4] - Franchise-owned restaurants totaled 72, slightly above the average estimate of 71 based on two analysts [4] - Company-owned restaurants numbered 548, compared to the average estimate of 540 based on two analysts [4] - Franchise revenues were reported at $2.39 million, below the average estimate of $2.49 million, representing a year-over-year decline of -9.8% [4] - Restaurant sales revenues were $313.64 million, exceeding the average estimate of $304.07 million, reflecting a year-over-year increase of +26% [4] Stock Performance - Shares of First Watch Restaurant Group have returned +0.1% over the past month, while the Zacks S&P 500 composite increased by +2.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]