FWRG - Earnings announcements

Same-restaurant sales growth of 2.8%Total revenues increased 17.3%Net loss of $(2.7) million and Adjusted EBITDA of $27.8 million16 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"). "I am proud of our teams for delivering solid results, exemplified by Same Restaurant Sales growth of 2.8% and expanded restaurant-level operating profit versus a year ago. Our track record of rapid unit growth continued

BRADENTON, Fla., April 21, 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 first quarter 2026 financial results on Tuesday, May 5, 2026, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your information at this Call Me

Total revenues increased 20.3% to $1.2 billion, with System-wide sales up 16.1% to $1.4 billionIncome from operations margin of 2.3% and Restaurant level operating profit margin of 18.5% Net income of $19.4 million and Adjusted EBITDA of $120.9 million 64 system-wide restaurants opened across 23 states BRADENTON, Fla., Feb. 24, 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 December 28, 2025 ("Q4 2025") and the 52-week fiscal year ended December 28, 2025 ("2025") compared to the thirteen weeks end

Total revenues increased 20.3% to $1.2 billion, with System-wide sales up 16.1% to $1.4 billionIncome from operations margin of 2.3% and Restaurant level operating profit margin of 18.5% Net income of $19.4 million and Adjusted EBITDA of $120.9 million 64 system-wide restaurants opened across 23 states BRADENTON, Fla., Feb. 24, 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 December 28, 2025 ("Q4 2025") and the 52-week fiscal year ended December 28, 2025 ("2025") compared to the thirteen weeks en

BRADENTON, Fla., Feb. 10, 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 fourth quarter and fiscal year 2025 financial results on Tuesday, February 24, 2026, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your infor

Same-restaurant sales growth of 7.1%Total revenues increased 25.6%Net income of $3.0 million and Adjusted EBITDA of $34.1 million21 new system-wide restaurants opened in 14 states BRADENTON, Fla., Nov. 04, 2025 (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 28, 2025 ("Q3 2025"). "Our strong third quarter results and sequential year-to-date improvement in same restaurant traffic growth, same restaurant sales growth, and restaurant-level operating profit margin, are testament to the enduring s

BRADENTON, Fla., Oct. 21, 2025 (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 2025 financial results on Tuesday, November 4, 2025, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your information at this Cal

Total revenues increased 19.1%Net income of $2.1 million and Adjusted EBITDA of $30.4 million17 new system-wide restaurants opened in 8 statesRaising 2025 Adjusted EBITDA guidance BRADENTON, Fla., Aug. 05, 2025 (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 June 29, 2025 ("Q2 2025"). "We delivered both positive same restaurant traffic growth and same restaurant sales growth in the second quarter, representing three consecutive quarters of sequential improvement," stated Chris Tomasso, CEO and Pres

BRADENTON, Fla., July 22, 2025 (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 second quarter 2025 financial results on Tuesday, August 5, 2025, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your information at this Call

Total revenues increased 16.4%Net loss of $(0.8) million and Adjusted EBITDA of $22.8 million13 new system-wide restaurants opened in 10 states BRADENTON, Fla., May 06, 2025 (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 30, 2025 ("Q1 2025"). "First quarter same restaurant traffic results are encouraging and continued the trends we experienced exiting 2024, demonstrating both the strength and the resilience of the First Watch brand," said Chris Tomasso, CEO and President of First Watch. "Additio

BRADENTON, Fla., April 22, 2025 (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 first quarter 2025 financial results on Tuesday, May 6, 2025, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your information at this C

Total revenues of $1.0 billion, up 13.9% and System-wide sales of $1.2 billion, up 7.4%Income from operations margin of 3.9% and Restaurant level operating profit margin of 20.1%Net income of $18.9 million and Adjusted EBITDA of $113.8 million50 system-wide restaurants opened across 19 states BRADENTON, Fla., March 11, 2025 (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 December 29, 2024 ("Q4 2024") and the 52-week fiscal year ended December 29, 2024 ("2024") compared to the fourteen weeks ended Decem

BRADENTON, Fla., Feb. 18, 2025 (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 fourth quarter and fiscal year 2024 financial results on Tuesday, March 11, 2025, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your in

Total revenues increased 14.8%Net income of $2.1 million and Adjusted EBITDA growth of 18% to $25.6 million9 new system-wide restaurants opened in 8 states BRADENTON, Fla., Nov. 07, 2024 (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 29, 2024 ("Q3 2024"). "We are pleased with our performance in Q3 as it reflects our teams' superb restaurant-level operations, especially considering an uneven consumer backdrop. Traffic picked up through the quarter, our employee

BRADENTON, Fla., Oct. 24, 2024 (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 2024 financial results on Thursday, November 7, 2024, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your information at this Ca

Total revenues increased 19.5% Income from operations margin improved 110 basis points and Restaurant level operating profit margin improved 100 basis points Net income increased 12% to $8.9 million and Adjusted EBITDA increased 37% to $35.3 million 7 new system-wide restaurants opened across 6 states BRADENTON, Fla., Aug. 06, 2024 (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 June 30, 2024 ("Q2 2024"). "We are pleased with our second quarter results and proud of our teams for delivering exceptio

BRADENTON, Fla., July 23, 2024 (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 second quarter 2024 financial results on Tuesday, August 6, 2024, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your information at this Call

Total revenues increased 14.7%; same-restaurant sales growth of 0.5%*Income from operations margin of 5.1% and restaurant level operating profit margin of 20.8%Net income of $7.2 million and Adjusted EBITDA of $28.6 million9 system-wide restaurants opened across 8 states BRADENTON, Fla., May 07, 2024 (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 31, 2024 ("Q1 2024"). "First Watch posted another solid quarter with positive same restaurant sales*, traffic trends that improved sequentially

BRADENTON, Fla., April 23, 2024 (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 first quarter 2024 financial results on Tuesday, May 7, 2024, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 201-389-0914, which will be answered by an operatorPre-register by entering your information at this Call Me

Total revenues of $891.6 million, up 22.1% and System-wide sales of $1.1 billion, up 20.6%Same-restaurant sales growth of 7.6%* with positive same-restaurant traffic growthIncome from operations margin of 4.7% and Restaurant level operating profit margin of 20.0%Net income of $25.4 million and Adjusted EBITDA of $99.5 million51 system-wide restaurants opened across 19 states BRADENTON, Fla., March 05, 2024 (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 fourteen weeks ended December 31, 2023 ("Q4 2023") and the 53-week fisc

Conference call and webcast to be held the same day at 8:00 AM ET Company to participate at three March institutional investors conferences BRADENTON, Fla., Feb. 20, 2024 (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 fourth quarter and fiscal year 2023 financial results on Tuesday, March 5, 2024, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the

Same-restaurant sales growth of 4.8% and total revenue growth of 17.3% Income from operations margin of 3.6% and Restaurant level operating profit margin of 18.7% Net income of $5.4 million and Adjusted EBITDA of $21.6 million 13 system-wide restaurants opened across 10 states Raising 2023 same-restaurant sales growth, total revenue growth and Adjusted EBITDA guidance BRADENTON, Fla., Nov. 01, 2023 (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 24, 2023 ("Q3 2023") and updates its fiscal yea

BRADENTON, Fla., Oct. 18, 2023 (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 2023 financial results on Wednesday, November 1, 2023, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 412-317-5208, which will be answered by an operatorPre-register by entering your information at this C

Same-restaurant sales growth of 7.8%Income from operations margin of 5.3% and Restaurant level operating profit margin of 20.9%Net income of $8.0 million and Adjusted EBITDA of $25.8 million9 system-wide restaurants opened across 6 statesRaising 2023 Adjusted EBITDA guidance BRADENTON, Fla., Aug. 01, 2023 (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 June 25, 2023 ("Q2 2023") and raises certain elements of its fiscal year 2023 guidance. "Our teams across the system once again delivered strong result

BRADENTON, Fla., July 18, 2023 (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 second quarter 2023 financial results on Tuesday, August 1, 2023, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 412-317-5208, which will be answered by an operatorPre-register by entering your information at this Call

Same-restaurant sales growth of 12.9% driven by same-restaurant traffic growth of 5.1%Income from operations margin of 7.4% and restaurant level operating profit margin of 21.2%Net income of $9.4 million and Adjusted EBITDA of $27.4 million10 system-wide restaurants opened across 7 statesRaises 2023 Adjusted EBITDA guidance BRADENTON, Fla., May 02, 2023 (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 26, 2023 ("Q1 2023") and raises certain elements of its fiscal year 2023 guidance. "First Watch d

BRADENTON, Fla., April 18, 2023 (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 first quarter 2023 financial results on Tuesday, May 2, 2023, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 412-317-5208, which will be answered by an operatorPre-register by entering your information at this Call me

Total revenues of $730.2 million, up 21.5% and System-wide sales of $914.8 million, up 21.9%Same-restaurant sales growth of 14.5% and Same-restaurant traffic growth of 7.7%Income from operations margin of 2.4% and Restaurant level operating profit margin of 17.9%43 system-wide restaurants opened across 16 states BRADENTON, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- 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 December 25, 2022 ("Q4 2022") and fiscal year ended December 25, 2022 ("2022") compared to the thirteen weeks ended Dec

BRADENTON, Fla., Feb. 21, 2023 (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 fourth quarter and fiscal year 2022 financial results on Tuesday, March 7, 2023, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via any one of three options: Dial 412-317-5208, which will be answered by an operatorPre-register by entering your informati

BRADENTON, Fla., Oct. 24, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept with more than 445 restaurants nationwide, today announced that it plans to release its third quarter 2022 financial results on Monday, November 7, 2022, before the market opens. A conference call and webcast will follow at 8:00 AM ET, hosted by Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via telephone by dialing 412-317-5208. The conference call should be accessed at least 10 minutes prior to its scheduled start. The web

BRADENTON, Fla., July 26, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it plans to release its second quarter 2022 financial results on Tuesday, August 9, 2022, before the market opens. A conference call and webcast will follow at 8:00 AM ET. Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer, will host the conference call and webcast. Interested parties may listen to the conference call via telephone by dialing 412-317-5208. The conference call should be accessed at least 10 minutes prior to its sched

BRADENTON, Fla., April 26, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it plans to release its first quarter 2022 financial results on Tuesday, May 10, 2022, before the market opens. A conference call and webcast will follow at 8:00 AM ET. Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer, will host the conference call and webcast. Interested parties may listen to the conference call via telephone by dialing 412-317-5208. The conference call should be accessed at least 10 minutes prior to its schedul

BRADENTON, Fla., March 09, 2022 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it plans to release its fourth quarter and fiscal year 2021 financial results on Wednesday, March 23, 2022, before the market opens. A conference call and webcast will follow at 8:00 AM ET. Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer, will host the conference call and webcast. Interested parties may listen to the conference call via telephone by dialing 412-317-6026. The conference call should be accessed at least 10 minutes

BRADENTON, Fla., Oct. 25, 2021 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. ("First Watch" or the "Company") (NASDAQ:FWRG), the Daytime Dining concept serving breakfast, brunch and lunch, today announced that it will be reporting third quarter 2021 financial results on Monday, November 8, 2021 after the market closes. A conference call and webcast will follow the next morning, Tuesday, November 9, 2021, at 8:00 AM ET. Hosting the conference call and webcast will be Chris Tomasso, Chief Executive Officer and President, and Mel Hope, Chief Financial Officer. Interested parties may listen to the conference call via telephone by dialing 421-317-6026. The conference call should be a