First Watch Restaurant Group, Inc. Common Stock
FWRGFirst Watch Restaurant Group, Inc. is a restaurant operator specializing in breakfast, brunch, and a health-conscious menu. Founded in 1983, the company operates a chain of daytime cafés focusing on fresh, hand-crafted dishes made with seasonal ingredients. Known for its commitment to quality and hospitality, First Watch has grown to become a prominent presence in the breakfast segment across the United States.
Company News
The Florida Chapter of NIRI has elected its Board of Directors for the 2026-2027 program year, with Charlotte Murnan as incoming President. The chapter, representing investor relations professionals from public corporations and financial services firms across Florida, aims to focus on membership growth, engaging programming, and networking opport...
First Watch Restaurant Group (FWRG) shares rose 6% after reporting Q1 2026 earnings with 17% sales growth, beating expectations. The company reiterated guidance for 12-14% overall sales growth and 1-3% same-store sales growth in 2026. Trading at 6x cash flow with ~$130M in annual operating cash flow, the daytime diner is positioned as a rare grow...
First Watch reported strong 2025 performance with 64 new restaurant openings across 23 states, same-restaurant sales growth of +3.6%, and positive same-restaurant traffic growth of +0.5%. The company ended the year with 633 system-wide restaurants across 32 states and expressed confidence in its long-term strategy and 2026 pipeline.
Advent International sold $153 million worth of First Watch Restaurant Group stock, reducing its stake from 7.64% to 1.67% of its portfolio, while the restaurant chain continues to show promising growth metrics.
First Watch Restaurant Group opened its first Nevada restaurant in North Las Vegas, featuring chef-driven breakfast, brunch, and lunch options. The 4,400 square foot location celebrates its grand opening with local community events and offers fresh, made-to-order meals.
