First Watch Restaurant Group

FWRG

Market cap $973M

The popular breakfast, brunch and lunch spot celebrates with the local community during a special grand opening event The popular breakfast, brunch and lunch spot celebrates with the local community during a special grand opening event

BRADENTON, Fla., Aug. 27, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc., (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced that it will host a fireside chat at Piper Sandler's Growth Frontiers Conference on Wednesday, September 10, 2025 in Nashville, Tenn.

First Watch delivered strong Q2 results, with traffic and same-store sales growth outpacing competitors, but missed EPS due to margin pressure. The chain's growth pipeline is robust, with aggressive new openings and franchise acquisitions. Management raised full-year guidance for revenue and EBITDA, but margin compression and increased operating risk from more company-owned stores remain concerns.

BRADENTON, Fla., Aug. 06, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the launch of an underwritten secondary offering (the “Offering”) by certain funds managed by Advent International, L.P. (the “Selling Stockholders”) of 5,000,000 shares of the Company's common stock (“Common Stock”).

First Watch Restaurant Group (FWRG 3.54%), a daytime dining chain known for its breakfast, brunch, and lunch offerings, released its financial results on August 5, 2025, for the second quarter of fiscal 2025 (ended June 29, 2025). The company reported revenue of $307.9 million, narrowly beating analyst expectations of $306.6 million.

First Watch Restaurant Group, Inc. (NASDAQ:FWRG ) Q2 2025 Earnings Conference Call August 5, 2025 8:00 AM ET Company Participants Christopher A. Tomasso - CEO, President & Director Henry Melville Hope - CFO & Treasurer Matt Eisenacher - Chief Brand Officer Steven Louis Marotta - Vice President of Investor Relations Conference Call Participants Andrew Marc Barish - Jefferies LLC, Research Division Brian Hugh Mullan - Piper Sandler & Co., Research Division Brian Michael Vaccaro - Unidentified Company CGS International - Unidentified Company James Ronald Salera - Stephens Inc., Research Division Jon Michael Tower - Citigroup Inc. Exchange Research Patrick Lee Johnson - Stifel, Nicolaus & Company, Incorporated, Research Division Pratik Mahendra Patel - Barclays Bank PLC, Research Division Todd Morrison Brooks - The Benchmark Company, LLC, Research Division Zachary Ogden - TD Cowen, Research Division Operator Thank you for standing by, and welcome to the First Watch Restaurant Group, Inc. Second Quarter Earnings Conference Call, occurring today, August 5, 2025, at 8:00 a.m.

The headline numbers for First Watch Restaurant Group (FWRG) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.14 per share a year ago.

Total revenues increased 19.1% Net income of $2.1 million and Adjusted EBITDA of $30.4 million 17 new system-wide restaurants opened in 8 states Raising 2025 Adjusted EBITDA guidance

First Watch Restaurant Group (FWRG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.