Core Insights - First Watch Restaurant Group, Inc. will participate in the Stephens Annual Investment Conference on November 18, 2025, to engage with institutional investors and host a fireside chat [1] - The fireside chat will be available for live streaming and will be archived on the company's investor relations website [2] Company Overview - First Watch is recognized as the leading Daytime Dining concept, specializing in made-to-order breakfast, brunch, and lunch with a focus on fresh ingredients [3] - The company follows a "Follow the Sun" culinary philosophy, rotating its chef-driven menu five times a year to highlight seasonal flavors and offering popular dishes such as Lemon Ricotta Pancakes and Million Dollar Bacon [3] - First Watch has raised over $1.7 million through donations linked to children's meals served, supporting various community organizations [3] - The company has received numerous accolades, including being voted 2025's 1 Best Breakfast by Newsweek's Readers' Choice Awards 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, emphasizing quality, hospitality, and community engagement [3]

Core Insights - First Watch Restaurant Group, Inc. plans to release its third quarter 2025 financial results on November 4, 2025, before the market opens [1] - A conference call and webcast will follow the earnings release at 8:00 AM ET, hosted by the CEO and CFO [2] Company Overview - First Watch is a leading Daytime Dining concept specializing in made-to-order breakfast, brunch, and lunch using fresh ingredients [3] - The company operates over 600 restaurants across 32 states and has received numerous awards, including 2025's 1 Best Breakfast by Newsweek's Readers' Choice Awards [3] - First Watch has raised over $1.7 million for community causes through its initiative of donating a portion of every kid's meal served [3]

Core Insights - First Watch Restaurant Group has opened its first location in North Las Vegas, marking its entry into the Nevada market [1][12][13] - The restaurant emphasizes a chef-driven, made-to-order menu featuring breakfast, brunch, and lunch options, with a focus on fresh ingredients and seasonal specialties [2][8] Company Overview - First Watch is recognized for its modern take on breakfast and brunch classics, with a menu that includes items like Lemon Ricotta Pancakes and Million Dollar Bacon [2][8] - The company operates over 600 restaurants across 32 states, adhering to a "Follow the Sun" culinary philosophy that rotates its menu five times a year [8][9] Menu and Offerings - The restaurant's menu features a variety of dishes made without heat lamps, microwaves, or deep fryers, ensuring freshness [2] - Seasonal menus are introduced five times a year, with the first seasonal menu for the Craig Road location set to launch this winter [3] Community Engagement - The grand opening event includes local community highlights such as performances by the Las Vegas Academy of the Arts Jazz Band and the Vegas Golden Knights Vivas cheerleaders [6] - First Watch is committed to social responsibility, sourcing its Project Sunrise coffee from women coffee farmers in South America and donating a portion of kids' meal sales to community causes, raising over $1.7 million to date [4][8] Restaurant Features - The new location spans 4,400 square feet, accommodating over 200 customers with a modern dining room and a covered patio [5] - The restaurant operates daily from 7 a.m. to 2:30 p.m., offering dine-in, pickup, and delivery services [7]

Group 1 - First Watch Restaurant Group, Inc. will host a fireside chat at Piper Sandler's Growth Frontiers Conference on September 10, 2025, at 3:30 PM ET in Nashville, Tennessee [1] - The fireside chat will be available for live webcast and will be archived on the company's investor relations website [2] - First Watch is recognized as the leading Daytime Dining concept, serving made-to-order breakfast, brunch, and lunch with a focus on fresh ingredients [3] Group 2 - The company's culinary philosophy, "Follow the Sun," features a chef-driven menu that rotates five times a year to highlight seasonal flavors [3] - First Watch has raised over $1.7 million through donations for every kid's meal served, supporting various community organizations [3] - The company operates more than 600 restaurants across 31 states and has received numerous awards for its breakfast and brunch offerings [3]

Core Insights - First Watch Restaurant Group, Inc. reported a total revenue increase of 19.1% to $307.9 million for Q2 2025 compared to $258.6 million in the same period of 2024 [6] - The company opened 17 new system-wide restaurants across 8 states, bringing the total to 600 restaurants [6][3] - Adjusted EBITDA for Q2 2025 was $30.4 million, a decrease from $35.3 million in Q2 2024 [6][3] Financial Performance - Net income for Q2 2025 was $2.1 million, or $0.03 per diluted share, down from $8.9 million, or $0.14 per diluted share in Q2 2024 [6][3] - System-wide sales increased by 15.8% to $346.2 million compared to $299.0 million in the same period of 2024 [6] - Same-restaurant sales growth was reported at 3.5%, with same-restaurant traffic growth at 2.0% [6] Operational Highlights - The company anticipates stronger profitability in the second half of 2025 and has raised its annual outlook for adjusted EBITDA [3] - The income from operations margin decreased to 2.4% from 6.4% in the same period of 2024 [6] - Restaurant level operating profit margin decreased to 18.6% from 21.9% in the same period of 2024 [6] Future Outlook - The company has updated its guidance for the fiscal year 2025, projecting adjusted EBITDA in the range of $119.0 million to $123.0 million [7] - Total revenue growth is expected to be approximately 20.0%, with plans to open 59 to 64 new system-wide restaurants [7]

Core Insights - First Watch Restaurant Group, Inc. plans to release its second quarter 2025 financial results on August 5, 2025, before the market opens [1] - A conference call and webcast will be held on the same day at 8:00 AM ET, hosted by the CEO and CFO [2] Company Overview - First Watch is a leading Daytime Dining concept specializing in made-to-order breakfast, brunch, and lunch using fresh ingredients [3] - The company follows a "Follow the Sun" culinary philosophy, rotating its chef-driven menu five times a year to highlight seasonal flavors [3] - First Watch has raised over $1.7 million for community causes through its donations for every kid's meal served [3] - The company operates more than 580 restaurants across 31 states and has received numerous awards for its breakfast and brunch offerings [3]

Financial Performance - Total revenues increased by 16.4% to $282.2 million in Q1 2025 from $242.4 million in Q1 2024 [7] - System-wide sales rose by 11.5% to $323.0 million in Q1 2025 from $289.6 million in Q1 2024 [7] - Net loss was $(0.8) million, or $(0.01) per diluted share, in Q1 2025 compared to net income of $7.2 million, or $0.12 per diluted share, in Q1 2024 [7][36] - Adjusted EBITDA decreased to $22.8 million in Q1 2025 from $28.6 million in Q1 2024 [7][30] Operational Highlights - Opened 13 new system-wide restaurants across 10 states, resulting in a total of 584 system-wide restaurants [7] - Same-restaurant sales growth was 0.7%, while same-restaurant traffic growth was negative 0.7% [7] - Income from operations margin decreased to 0.4% in Q1 2025 from 5.1% in Q1 2024 [7] Future Outlook - The company updated its guidance for the fiscal year 2025, projecting total revenue growth of approximately 20% [8] - Expected Adjusted EBITDA in the range of $114.0 million to $119.0 million for the fiscal year [8] - Plans to open 59 to 64 new system-wide restaurants, net of closures, with capital expenditures estimated between $150.0 million and $160.0 million [8]

Core Viewpoint - First Watch Restaurant Group, Inc. has completed the acquisition of 16 franchise-owned restaurants in North Carolina and South Carolina for $49 million, marking the second largest franchisee deal in its history and emphasizing its long-term growth strategy [1][2]. Acquisition Details - The acquisition includes 16 locations in the Charlotte and Concord DMAs in North Carolina, and the Columbia and Greenville DMAs in South Carolina [2]. - This deal is part of First Watch's strategy to solidify corporate ownership along the East Coast and to provide additional territories for organic growth [2]. - Since May 2023, First Watch has acquired a total of 64 franchised restaurants across eight acquisitions [3]. Company Overview - First Watch is recognized for its Daytime Dining concept, serving made-to-order breakfast, brunch, and lunch with fresh ingredients [4]. - The company operates over 570 restaurants across 30 states and has received numerous accolades, including being named the 1 Most Loved Workplace in America for 2024 [4].

Core Insights - First Watch Restaurant Group, Inc. is expanding its presence in New England with the opening of its first downtown Boston location at 777 Boylston St. in late 2025, following its earlier entry into Massachusetts with a location in Hanover [1][8] - The new restaurant will feature a chef-driven menu that emphasizes fresh, high-quality ingredients and a commitment to socially responsible sourcing, including coffee from women-owned farms [2][3] - The Boston location will create approximately 30 new jobs and uphold a "No Night Shifts Ever" policy to prioritize employee wellbeing [5] Company Overview - First Watch is recognized as a leading daytime dining concept, serving made-to-order breakfast, brunch, and lunch with a rotating seasonal menu [7] - The company has received numerous accolades, including being named the "1 Most Loved Workplace in America" by Newsweek and the Best Practice Institute [7] - First Watch operates over 570 restaurants across 30 states, showcasing a diverse menu that includes breakfast classics and innovative dishes [7]

Core Insights - First Watch Restaurant Group, Inc. plans to release its first quarter 2025 financial results on May 6, 2025, before the market opens [1] - A conference call and webcast will follow the earnings release at 8:00 AM ET, hosted by the CEO and CFO [2] Company Overview - First Watch is a leading Daytime Dining concept specializing in made-to-order breakfast, brunch, and lunch using fresh ingredients [3] - The company has received numerous accolades, including being named 2024's 1 Most Loved Workplace in America and the top restaurant brand in Yelp's inaugural list of the top 50 most-loved brands in the U.S. [3] - First Watch operates over 570 restaurants across 30 states, with a menu that rotates five times a year [3]