First Watch Restaurant Group, Inc. (FWRG)
NASDAQ (NGS) NASDAQ (NGS) Primary 
First Watch Restaurant: Why Daytime Meals Aren't My Bet For Q1
First Watch's traffic and same-store sales are declining, with breakfast seeing the steepest drop, raising concerns about its premium positioning and value-per-dollar equation. Despite revenue growth driven by new openings, First Watch faces negative free cash flow and increasing debt, complicating its financial stability and ability to return capital to shareholders. FWRG stock is not cheap, trading at high multiples with a PEG ratio that doesn't justify its growth prospects, making it a hold rather than a buy.
First Watch Q4 Earnings Miss Estimates, Revenues Rise Y/Y
FWRG's fiscal fourth-quarter top line reflects benefits from new restaurant openings and menu price increases.
First Watch Stock Slips as Executives Warn of Egg Costs Hurting Margins
Shares of First Watch Restaurant Group (FWRG) dropped on Tuesday as the breakfast chain said it expects high prices of eggs and other commodities will likely pressure its margins this year.
First Watch Restaurant Group, Inc. (FWRG) Lags Q4 Earnings Estimates
First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.04 per share a year ago.
First Watch Restaurant Group, Inc. (FWRG) Q4 2024 Earnings Call Transcript
First Watch Restaurant Group, Inc. (NASDAQ:FWRG ) Q4 2024 - Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Steven Marotta - VP, IR Chris Tomasso - President and CEO Mel Hope - CFO Conference Call Participants Jeffrey Bernstein - Barclays Andrew Charles - TD Cowen Sara Senatore - Bank of America Andy Barish - Jefferies Jim Salera - Stephens Gregory Francfort - Guggenheim Securities Brian Vaccaro - Raymond James Operator Thank you for standing by, and welcome to the First Watch Restaurant Group Incorporated Fourth Quarter Earnings Conference Call occurring today, March 11, 2025 at 8AM Eastern Time. [Operator Instructions].
Countdown to First Watch Restaurant Group (FWRG) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Beyond analysts' top -and-bottom-line estimates for First Watch Restaurant Group (FWRG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
First Watch Restaurant: A Dull Morning In Q4 Overshadowed By Other Family Dining Competitors
First Watch is a unique, fast-growing family dining chain with a focus on breakfast, brunch, and lunch, avoiding discounts and maintaining high unit-level margins. Despite industry recovery, First Watch's same-store sales fell 0.3% in Q4 FY 2024, with traffic declining 3% year-over-year, raising concerns about future growth. The chain's valuation appears stretched, trading at a P/E of 41.67, significantly above the industry median, making it potentially overvalued compared to peers.
First Watch Posts Q4 Preliminary Results, Same Restaurant Sales Down
FWRG reports fourth-quarter and fiscal 2024 preliminary results, wherein same-restaurant sales indicate a 0.3% decline year over year.
First Watch Restaurant: Between Hurricanes And Acquisitions, The Sun Shines
First Watch Restaurant Group maintains its stance against value promotions, focusing on targeted advertising, resulting in a 1.9% year-over-year decline in comparable sales due to lower traffic. The company is aggressively expanding by acquiring franchises and opening new restaurants, aiming for 10% net year-over-year growth and a long-term goal of 2,200 locations. Hurricanes in key operating areas significantly impacted Q4 traffic, but recovery is expected as headwinds subside, with a focus on improving on-premise sales.
FWRG Stock Gains on a Deal to Acquire 16 Franchise Restaurants
First Watch Restaurant is set to expand its East Coast presence with the acquisition of 16 franchise locations.
First Watch Restaurant Group, Inc. (FWRG) Q3 2024 Earnings Conference Call Transcript
First Watch Restaurant Group, Inc. (NASDAQ:FWRG ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Steven Marotta - VP, IR Chris Tomasso - President and CEO Mel Hope - CFO Conference Call Participants Jim Salera - Stephens Jeffrey Bernstein - Barclays Todd Brooks - The Benchmark Company Andy Barish - Jefferies Brian Vaccaro - Raymond James Katherine Griffin - Bank of America Jon Tower - Citi Gregory Francfort - Guggenheim Securities Operator Greetings, and welcome to the First Watch Restaurant Group Third Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.
Compared to Estimates, First Watch Restaurant Group (FWRG) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for First Watch Restaurant Group (FWRG) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
