FWRG

First Watch Restaurant Group Inc
NASDAQCONSUMER CYCLICALRESTAURANTS

Key Statistics

Market Cap
$743.63M
P/E Ratio
43.04
EPS
$0.28
Beta
1.03
52W High
$18.82
52W Low
$9.97
50-Day MA
$12.56
200-Day MA
$13.49
Dividend Yield
Profit Margin
1.35%
Forward P/E
63.69
PEG Ratio

About First Watch Restaurant Group Inc

First Watch Restaurant Group Inc (FWRG) is a prominent fast-casual dining chain specializing in breakfast, brunch, and lunch, renowned for its health-conscious menu and high-quality ingredients. Founded in 1983, the company has cultivated a loyal customer base by innovatively adapting its menu to reflect contemporary culinary trends while prioritizing exceptional service. With a strategic focus on expanding its footprint in both existing and new markets, First Watch is well-positioned for sustained growth, making it a compelling investment opportunity in the dynamic dining sector.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$1.32B
Gross Profit (TTM)$271.95M
EBITDA$116.44M
Operating Margin2.48%
Return on Equity2.88%
Return on Assets1.18%
Revenue/Share (TTM)$21.52
Book Value$10.28
Price-to-Book1.14
Price-to-Sales (TTM)0.56
EV/Revenue1.347
EV/EBITDA15.76
Quarterly Earnings Growth (YoY)26.40%
Quarterly Revenue Growth (YoY)15.20%
Shares Outstanding$61.71M
Float$60.76M
% Insiders1.85%
% Institutions110.46%

Historical Volatility

HV 10-Day
41.42%
HV 20-Day
49.60%
HV 30-Day
48.04%
HV 60-Day
48.24%
HV Rank
46.8%

Volatility is currently contracting

Analyst Ratings

Consensus ($19.27 target)
1
Strong Buy
10
Buy

Latest News

Wall Street Breakfast Podcast: Coffee Rally Hits PSL Season

Coffee prices surge to six-month highs on supply concerns from Brazil and Colombia, with Super El Niño posing further upside risk into 2026–2027. Starbucks (SBUX) launches Pumpkin Spice Latte season amid intensified competition from Dutch Bros (BROS), First Watch (FWRG), Dunkin, Krispy Kreme (DNUT), and Panera.

Seeking Alpha8/25/2026Negative
First Watch Restaurant Group Q2 Earnings Call Highlights

First Watch Restaurant Group NASDAQ: FWRG reported second-quarter revenue growth of 15.2% as positive same-restaurant sales, marketing initiatives and new restaurant openings supported results. The daytime dining chain also raised the low end of its full-year same-restaurant sales and revenue growth outlook, while lowering its adjusted EBITDA forecast due to higher costs associated with strong demand for premium beef menu items.

MarketBeat8/4/2026Positive

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Data last updated: 9/8/2026