FWRG - First Watch Restaurant Group, Inc.
One of America's biggest inflation stories has quietly reversed. Wholesale egg prices have fallen back to levels not seen since before the bird flu-driven supply crunch, as inventories rebuild and production normalizes.
She feels its stock could appreciate by nearly 30%. The company has significant room for expansion, plus an interesting philosophy behind its business.
First Watch Restaurant Group is rated a Modest Buy, reflecting a balance between low current profitability and strong long-term growth potential. FWRG's aggressive expansion has driven revenue CAGR of 18.3% over three years, but operating margins compressed from 4.6% to 2.3% due to rising costs. Valuation is rich on earnings multiples (78x forward P/E), but price-to-sales is modest; the market is betting on future margin expansion.
Cava's success highlights the growing demand for health-focused, experience-driven restaurant brands. These three brands are following suit.
BRADENTON, Fla., June 08, 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 the appointment of Ashlee Weisser to Chief Financial Officer effective June 8, 2026. She succeeds Mel Hope, who announced his planned retirement earlier this year and will continue to serve in an Advisor role to support a seamless leadership transition.
U.S. passenger airlines' fuel costs jumped 78% in April to nearly $6.5 billion over the same month last year as the conflict in the Middle East has sharply driven up fuel costs, the U.S. Transportation Department said Monday.
First Watch Restaurant Group, Inc. delivered positive same-store sales and margin expansion, but growth is increasingly reliant on new restaurant openings rather than organic traffic. FWRG's premium positioning is a double-edged sword amid macro headwinds, with average check growth offsetting declining traffic and mix; comps rose 2.8% despite traffic falling ~2%. Restaurant-level margins benefited from egg price deflation, but normalized margins (18–19%) are expected until organic top-line growth improves; FCF was modestly positive, with net debt at ~$229M.
First Watch Restaurant Group is a name for investors to watch as the unique daytime diner continues its quest to go fully nationwide.
First Watch Restaurant Group, Inc. (FWRG) Q1 2026 Earnings Call Transcript
Although the revenue and EPS for First Watch Restaurant Group (FWRG) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
First Watch Restaurant Group, Inc. (FWRG) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.01 per share a year ago.
Same-restaurant sales growth of 2.8% Total revenues increased 17.3% Net loss of $(2.7) million and Adjusted EBITDA of $27.8 million 16 new system-wide restaurants opened in 11 states BRADENTON, Fla., May 05, 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 March 29, 2026 (“Q1 2026”).
Dine Brands (DIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
First Watch Restaurant Group (FWRG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LUCAS, Texas, April 13, 2026 (GLOBE NEWSWIRE) -- The Legacy 4-H Club of Collin County extends its sincere appreciation to the City of Lucas, surrounding communities, and numerous local businesses for their generous support of the Annual Lucas Founders Day Legacy 4-H Club Silent Auction.
Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of First Watch Restaurant Group, Inc. (NASDAQ: FWRG). In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in First Watch Restaurant Group stock on March 5th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT #
Shares of First Watch Restaurant Group, Inc. (NASDAQ: FWRG - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, ten have given a buy
First Watch (FWRG) remains a buy despite weaker 2026 guidance and near-term sector headwinds. FWRG targets 12–14% revenue growth in 2026, driven by 9% new locations, 1% from franchise buybacks, and 1–3% comps. Long-term thesis is intact: FWRG aims for 2,200 locations and national scale, justifying a growth premium.
First Watch Restaurant Group, Inc. (NASDAQ: FWRG - Get Free Report) CEO Christopher Anthony Tomasso sold 25,062 shares of the firm's stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $12.52, for a total value of $313,776.24. Following the sale, the chief executive officer directly owned 957,315 shares
Advent International L.P. cut its stake in shares of First Watch Restaurant Group, Inc. (NASDAQ: FWRG) by 64.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,289,784 shares of the company's stock after selling 9,400,000 shares during the period. First Watch Restaurant