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First Watch Restaurant Group, Inc. to Participate in Three March Investor Conferences
Globenewswire· 2026-02-26 13:00
Core Insights - First Watch Restaurant Group, Inc. is participating in three investor conferences in March 2026, including a fireside chat that will be webcast live [1][3] Company Overview - First Watch is a leading Daytime Dining concept specializing in made-to-order breakfast, brunch, and lunch using fresh ingredients [2] - The company follows a "Follow the Sun" culinary philosophy, rotating its chef-driven menu multiple times a year to highlight seasonal flavors [2] - First Watch has raised approximately $2.0 million through donations from kids' meals to support community organizations [2] - The company has received numerous awards, including being voted 1 Best Breakfast by Newsweek's Readers' Choice Awards 2025 and recognized as the 1 Most Loved Workplace in America for 2024 and 2025 [2] - First Watch operates over 630 restaurants across 32 states, focusing on quality, hospitality, and community [2] Upcoming Events - The company will meet with institutional investors at the 47th Annual Raymond James Institutional Investors Conference on March 3, 2026, in Orlando, Florida [3] - First Watch will also participate in the Citi 2026 Global Consumer & Retail Conference on March 9, 2026, in Aventura, Florida [3] - Additionally, the company will attend the Bank of America Consumer & Retail Conference on March 10, 2026, in Miami, Florida [3]
First Watch Restaurant Group Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-24 16:47
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 ...
UPDATE – First Watch Restaurant Group, Inc. Reports 2025 Financial Results and Provides Outlook for 2026
Globenewswire· 2026-02-24 14:50
Total revenues increased 20.3% to $1.2 billion, with System-wide sales up 16.1% to $1.4 billionIncome from operations margin of 2.3% and Restaurant level operating profit margin of 18.5% Net income of $19.4 million and Adjusted EBITDA of $120.9 million 64 system-wide restaurants opened across 23 states BRADENTON, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, t ...
First Watch Restaurant (FWRG) - 2025 Q4 - Earnings Call Presentation
2026-02-24 13:00
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES Q4 2025 SUPPLEMENTAL INFORMATION February 24, 2026 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. ...
First Watch Restaurant Group, Inc. Announces Retirement of Chief Financial Officer Mel Hope and Transition Plan
Globenewswire· 2026-02-24 12:05
Core Viewpoint - First Watch Restaurant Group, Inc. announces the retirement of Chief Financial Officer Mel Hope, who will assist in the transition to his successor, ensuring continuity in financial leadership [1][2][3] Company Leadership Transition - Mel Hope has been with First Watch since 2018 and has played a crucial role in guiding the company through its IPO and various growth phases [2] - The company is actively seeking both internal and external candidates for the CFO position, with Hope expected to remain until a successor is appointed [1][2] Company Overview - First Watch is recognized as a leading Daytime Dining concept, specializing in made-to-order breakfast, brunch, and lunch using fresh ingredients [3] - The company operates over 630 restaurants across 32 states and has received multiple awards, including 1 Best Breakfast by Newsweek's Readers' Choice Awards 2025 [3] - First Watch has a commitment to community impact, having raised approximately $2.0 million through donations linked to children's meals served [3]
First Watch Restaurant Group, Inc. Reports 2025 Financial Results and Provides Outlook for 2026
Globenewswire· 2026-02-24 12:00
Total revenues increased 20.3% to $1.2 billion, with System-wide sales up 16.1% to $1.4 billionIncome from operations margin of 2.3% and Restaurant level operating profit margin of 18.5% Net income of $19.4 million and Adjusted EBITDA of $120.9 million 64 system-wide restaurants opened across 23 states BRADENTON, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, ...
First Watch Restaurant Group, Inc. to Report Fourth Quarter and Fiscal Year 2025 Financial Results on February 24, 2026
Globenewswire· 2026-02-10 13:00
Core Viewpoint - First Watch Restaurant Group, Inc. is set to release its fourth quarter and fiscal year 2025 financial results on February 24, 2026, before market opening [1]. Group 1: Financial Results Announcement - The financial results will be announced prior to market opening on February 24, 2026 [1]. - A conference call and webcast will follow the announcement at 8:00 AM ET, hosted by the CEO and CFO [2]. Group 2: Company Overview - First Watch is recognized as the leading Daytime Dining concept, specializing in made-to-order breakfast, brunch, and lunch using fresh ingredients [3]. - The company operates over 630 restaurants across 32 states, emphasizing quality, hospitality, and community engagement [3]. - First Watch has received numerous awards, including being voted 1 Best Breakfast by Newsweek's Readers' Choice Awards in 2025 and recognized as the 1 Most Loved Workplace in America for 2024 and 2025 [3].
First Watch Restaurant Group, Inc. Reports Preliminary Operational Metrics for the Fourth Quarter and Fiscal Year 2025
Globenewswire· 2026-01-12 12:00
Core Insights - First Watch Restaurant Group reported preliminary operational metrics for the fourth quarter and fiscal year ended December 28, 2025, highlighting growth in same-restaurant sales and new restaurant openings [1][2]. Sales and Traffic Highlights - Same-restaurant sales growth for the fourth quarter was +3.1% and +3.6% for the fiscal year 2025 [3]. - Same-restaurant traffic growth was -1.9% in the fourth quarter but improved to +0.5% for the entire fiscal year [3]. Restaurant Development - In the fourth quarter, First Watch opened 13 new restaurants, comprising 12 company-owned and one franchise-owned [4]. - For the fiscal year 2025, the company achieved a total of 64 new restaurant openings (55 company-owned and nine franchise-owned) and recorded three closures, bringing the total to 633 system-wide restaurants by December 28, 2025 [4]. Company Strategy and Outlook - The CEO emphasized confidence in the execution of the long-term strategy and the strength of the pipeline for 2026, with new restaurant classes outperforming expectations [2].
First Watch Brings a Fresh Take on Breakfast to the Heart of Back Bay
Globenewswire· 2026-01-07 14:00
Core Insights - First Watch has opened a new location in Boston's Back Bay, expanding its presence in New England after a successful launch in Hanover in January 2025 [1][12] Company Expansion - The new restaurant on Boylston Street spans 3,100 square feet and accommodates 130 guests, featuring an outdoor patio and a full interior bar [2] - This location includes a custom Boston-inspired mural and signage created by local artist Blind Fox, emphasizing the brand's commitment to local culture [2] Menu and Offerings - First Watch is recognized for its chef-driven breakfast and brunch menu, with all dishes made to order using fresh ingredients, avoiding heat lamps, microwaves, or deep fryers [3] - Popular menu items include Avocado Toast, Lemon Ricotta Pancakes, and the signature Million Dollar Bacon, along with lunch options like the Pesto Chicken Quinoa Bowl [3] Community Engagement - The Boylston team will offer fresh juices made from fruits and vegetables, and promote socially responsible coffee sourced from women farmers in South America [4] - To celebrate the opening, customers dining in from January 7 to January 9 will receive a complimentary cup of Project Sunrise coffee [4] Opening Ceremony - A "first pour" ceremony was held to commemorate the opening, attended by the restaurant's leadership and state representatives, highlighting community engagement efforts [5] Company Philosophy and Recognition - First Watch operates over 620 restaurants across 32 states, guided by a "Follow the Sun" culinary philosophy, rotating its menu five times a year to feature seasonal ingredients [7] - The company has raised over $1.7 million for community causes and has received numerous awards, including being named the 1 Best Breakfast by Newsweek's Readers' Choice Awards in 2025 [7]
First Watch Restaurant Group, Inc. to Participate in the 28th Annual ICR Conference
Globenewswire· 2026-01-05 21:05
Core Viewpoint - First Watch Restaurant Group, Inc. will host a fireside chat at the 28th Annual ICR Conference on January 12, 2026, featuring CEO Chris Tomasso and CFO Mel Hope [1][2]. Company Overview - First Watch is a leading Daytime Dining concept specializing in made-to-order breakfast, brunch, and lunch, utilizing the freshest ingredients [3]. - The company's culinary philosophy, "Follow the Sun," involves a menu that rotates five times a year to highlight seasonal flavors and includes popular items like Lemon Ricotta Pancakes and Million Dollar Bacon [3]. - First Watch has raised over $1.7 million through donations linked to kids' meals served, supporting various community organizations [3]. - The company has received numerous awards, including being voted 2025's 1 Best Breakfast by Newsweek and recognized as the 1 Most Loved Workplace in America for 2024 and 2025 [3]. - First Watch operates more than 620 restaurants across 32 states, focusing on quality, hospitality, and community engagement [3].