Compared to Estimates, First Watch Restaurant Group (FWRG) Q4 Earnings: A Look at Key Metrics

Financial Performance - First Watch Restaurant Group, Inc. reported revenue of $316.35 million for the quarter ended December 2025, reflecting a year-over-year increase of 20.2% [1] - The earnings per share (EPS) for the same period was $0.24, compared to $0.01 a year ago, indicating a significant improvement [1] - The reported revenue exceeded the Zacks Consensus Estimate of $315.11 million, resulting in a surprise of +0.39% [1] - The company delivered an EPS surprise of +209.68%, with the consensus EPS estimate being $0.08 [1] Key Metrics - Same-restaurant sales growth was reported at 3.1%, matching the average estimate based on three analysts [4] - The total number of system-wide restaurants was 633, consistent with the three-analyst average estimate [4] - Franchise-owned restaurants totaled 73, aligning with the average estimate from two analysts [4] - Company-owned restaurants numbered 560, also matching the two-analyst average estimate [4] - Franchise revenues were reported at $2.39 million, slightly below the estimated $2.42 million, representing a year-over-year decline of -10.4% [4] - Restaurant sales revenues reached $313.96 million, surpassing the three-analyst average estimate of $312.15 million, with a year-over-year change of +20.5% [4] Stock Performance - Shares of First Watch Restaurant Group have returned -4.1% over the past month, compared to a -1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]