First Watch Restaurant Group Q4 Earnings Call Highlights

CFO Mel Hope reported fourth-quarter revenue of $316.4 million, up 20.2% year over year, with same-restaurant sales up 3.1%. Same-restaurant traffic declined 1.9% in the quarter. Hope attributed revenue growth to positive same-restaurant sales and the contribution from 179 non-comp restaurants, including new company-owned openings and 19 franchise locations acquired since the third quarter of 2024.Tomasso framed the results against what he described as an unfavorable traffic environment, noting that Black B ...