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.
| Revenue (TTM) | $1.35B |
| Gross Profit (TTM) | $278.02M |
| EBITDA | $121.16M |
| Operating Margin | 3.73% |
| Return on Equity | 3.13% |
| Return on Assets | 1.21% |
| Revenue/Share (TTM) | $22.01 |
| Book Value | $10.43 |
| Price-to-Book | 1.29 |
| Price-to-Sales (TTM) | 0.60 |
| EV/Revenue | 1.406 |
| EV/EBITDA | 16.28 |
| Quarterly Earnings Growth (YoY) | 58.30% |
| Quarterly Revenue Growth (YoY) | 10.70% |
| Shares Outstanding | $61.73M |
| Float | $60.66M |
| % Insiders | 1.85% |
| % Institutions | 107.85% |
Volatility is currently contracting
The mean of analysts' price targets for First Watch Restaurant Group (FWRG) points to a 41.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
First Watch raised its long-term annual adjusted EBITDA target above 15%. The company is guided to open 60 net-new system-wide restaurants in 2026.
First Watch Restaurant Group, Inc. (FWRG) Q3 2026 Earnings Call Transcript
First Watch Restaurant Group NASDAQ: FWRG reported third-quarter revenue growth of 10.7% as positive same-restaurant sales and contributions from newer locations helped offset a decline in comparable traffic. Management said the company remains on track for aggressive unit expansion while updating several elements of its 2026 outlook and raising its longer-term Adjusted EBITDA growth target.
First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.05 per share a year ago.
Same-Restaurant Sales Growth of 1.0% Total revenues increased 10.7% Net income of $4.8 million and Adjusted EBITDA of $39.7 million 16 new System-wide restaurants opened in 11 states BRADENTON, Fla., Nov. 03, 2026 (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 reported financial results for the thirteen weeks ended September 27, 2026 (“Q3 2026”).
BRADENTON, Fla., Oct. 20, 2026 (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 plans to release its third quarter 2026 financial results on Tuesday, November 3, 2026 before the market opens.
BRADENTON, Fla., Aug. 27, 2026 (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 announces it will participate in two investor conferences in September:
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.
First Watch Restaurant Group, Inc. (FWRG) Q2 2026 Earnings Call Transcript
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