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
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.
First Watch Restaurant Group, Inc. (FWRG) has acquired three of its franchise-owned restaurants and corresponding development rights in Missouri, as part of its long-term growth and value creation strategy.
The headline numbers for First Watch Restaurant Group (FWRG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
