First Watch Restaurant Group, Inc.

FWRG

US33748L1017

Restaurants & Bars

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
23.65 ^USD	+0.08%		+6.05%	+17.66%

Apr. 15	First Watch Completes Acquisition of 21 Franchised Restaurants in North Carolina for $75 Million	MT
Apr. 15	First Watch Restaurant Group, Inc. Acquires 21 Franchise Restaurants in North Carolina	CI

First Watch Restaurant Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

March 05, 2024 at 07:00 am EST

First Watch Restaurant Group, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 244.63 million compared to USD 185.75 million a year ago. Net income was USD 2.65 million compared to net loss of USD 0.486 million a year ago.

Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.

Latest news about First Watch Restaurant Group, Inc.

First Watch Completes Acquisition of 21 Franchised Restaurants in North Carolina for $75 Million	Apr. 15	MT
First Watch Restaurant Group, Inc. Acquires 21 Franchise Restaurants in North Carolina	Apr. 15	CI
First Watch Restaurant Group Insider Sold Shares Worth $165,531,000, According to a Recent SEC Filing	Mar. 14	MT
First Watch Restaurant Group Insider Sold Shares Worth $165,531,000, According to a Recent SEC Filing	Mar. 14	MT
First Watch Restaurant Group Insider Sold Shares Worth $2,982,338, According to a Recent SEC Filing	Mar. 14	MT
First Watch Restaurant Group Insider Sold Shares Worth $1,488,341, According to a Recent SEC Filing	Mar. 14	MT
First Watch Restaurant Group Insider Sold Shares Worth $1,100,700, According to a Recent SEC Filing	Mar. 12	MT
Transcript : First Watch Restaurant Group, Inc. Presents at Bank of America Consumer & Retail Technology Conference, Mar-12-2024 03:30 PM	Mar. 12
Sector Update: Consumer Stocks Mixed Pre-Bell Friday	Mar. 08	MT
First Watch Restaurant Group Launches Secondary Share Offering	Mar. 08	MT
First Watch Restaurant Group Insider Sold Shares Worth $483,400, According to a Recent SEC Filing	Mar. 07	MT
Stifel Adjusts Price Target on First Watch Restaurant to $22 From $20, Maintains Hold Rating	Mar. 06	MT
Sector Update: Consumer Stocks Mixed Premarket Tuesday	Mar. 05	MT
Transcript : First Watch Restaurant Group, Inc., Q4 2023 Earnings Call, Mar 05, 2024	Mar. 05
First Watch Restaurant Group Swings to Q4 Net Income, Revenue Increases	Mar. 05	MT
Earnings Flash (FWRG) FIRST WATCH RESTAURANT GROUP Reports Q4 Revenue $891.6M, vs. Street Est of $237.2M	Mar. 05	MT
First Watch Restaurant Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 05	CI
First Watch Restaurant Group, Inc. Announces Restaurants Outlook for 2024	Mar. 05	CI
First Watch Restaurant Group, Inc. Provides Earnings Guidance for the 52-Week Fiscal Year Ending December 29, 2024	Mar. 05	CI
First Watch Restaurant Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 05	CI
Futures Down in Premarket Trading as Traders Await Fed Chair Testimony; Asia, Europe Fall	Mar. 05	MT
North American Morning Briefing : S&P 500 Futures -2-	Mar. 05	DJ
Raymond James Adjusts Price Target on First Watch Restaurant to $25 From $23, Maintains Strong Buy Rating	Jan. 25	MT
First Watch Restaurant Group Insider Sold Shares Worth $307,900, According to a Recent SEC Filing	Jan. 23	MT
First Watch Restaurant Buys Franchise Location in Oklahoma	Jan. 22	MT

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Company Profile

First Watch Restaurant Group, Inc. is a daytime dining concept company. The Company is engaged in serving made-to-order breakfast, brunch and lunch using fresh ingredients. The Companyâs menu includes elevated executions of classic favorites along with its specialties, such as Quinoa Power Bowl, Farm Stand Breakfast Tacos, Avocado Toast, Chickichanga, Morning Meditation (juiced in-house daily), Spiked Lavender Lemonade and Million Dollar Bacon. The Company operates approximately 520 First Watch restaurants in 29 states. The Company uses a variety of marketing channels, including affiliate partnerships, social media interactions, digital marketing, direct mailers, public relations initiatives and local community sponsorships, email communications, promotions, and partnerships. It also owns the franchise-owned restaurant in Broken Arrow, Okla.

Sector

Restaurants & Bars

Calendar

2024-05-07 - Q1 2024 Earnings Release

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Russell 2000

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Ratings for First Watch Restaurant Group, Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

23.65 USD

Average target price

27.89 USD

Spread / Average Target

+17.92%

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Quarterly earnings - Rate of surprise

Company calendar

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