First Watch opened a record-setting 64 new restaurants in 2025, which drove the casual-dining breakfast brand’s 3.1% same-store sales growth in Q4. With the company more than one-quarter of the way ...
During the fourth quarter, there were 13 new system-wide restaurant openings consisting of 12 company-owned restaurants and one franchise-owned restaurant. During 2025, there were 64 system-wide new ...
Shares of daytime diner First Watch Restaurant Group (NASDAQ: FWRG) are down 13% as of 11 a.m. ET on Tuesday after the company reported fourth-quarter earnings. While the market's reaction to First ...
What Happened? Shares of breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) fell 10.5% in the morning session after the company reported mixed fourth-quarter results, where a ...
Bank of America provided a comprehensive update on the restaurant sector. The firm circled Dutch Bros (BROS), Chipotle (CMG), Wingstop (WING), First Watch Restaurant Group (FWG), and Restaurant Brands ...
The Company reiterates its long-term annual financial targets as follows: Percentage unit growth in the low double digits Same-restaurant sales growth of ~3.5% Restaurant sales growth in the mid-teens ...
Total revenues increased 20.3% to $1.2 billion, with System-wide sales up 16.1% to $1.4 billion Income from operations margin of 2.3% and Restaurant level operating profit margin of 18.5% Net income ...
First Watch grew revenue by 20% in Q4 and tripled analysts' expectations for earnings per share. However, its soft 2026 guidance amid broader macroeconomic pressures sent shares down. Ultimately, ...