• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    First Watch Restaurant Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

    5/6/25 7:04:57 AM ET
    $FWRG
    Restaurants
    Consumer Discretionary
    Get the next $FWRG alert in real time by email
    fwrg-20250506
    0001789940FALSE00017899402025-05-062025-05-06

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    ___________________________________
    FORM 8-K
    ___________________________________
    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    May 6, 2025
    Date of Report (date of earliest event reported)
    ___________________________________
    First Watch Restaurant Group, Inc.
    (Exact name of registrant as specified in its charter)
    ___________________________________

    Delaware
    (State or other jurisdiction of
    incorporation or organization)
    001-40866
    (Commission File Number)
    82-4271369
    (I.R.S. Employer Identification Number)
    8725 Pendery Place, Suite 201,
    Bradenton, FL 34201
    (Address of principal executive offices and zip code)
    (941) 907-9800
    (Registrant's telephone number, including area code)
                        ___________________________________
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each class
    Trading Symbol
    Name of each exchange on which registered
    Common stock, $0.01 par valueFWRG
    The Nasdaq Stock Market LLC
    (Nasdaq Global Select Market)
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.
    Emerging growth company    ☒
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒




    Item 2.02 - Results of Operations and Financial Condition.
    On May 6, 2025, First Watch Restaurant Group, Inc. (the “Company”) issued a press release announcing its financial results for the third fiscal quarter ended March 30, 2025. A copy of the release is attached as Exhibit 99.1.

    Item 7.01 Regulation FD Disclosure.

    The Company has also posted a supplemental information presentation to its website at investors.firstwatch.com, which is attached as Exhibit 99.2 and incorporated herein by reference.

    The information furnished in this Current Report on Form 8-K, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information in this Current Report shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date of this Current Report, regardless of any general incorporation language in the filing.
    Item 9.01 - Financial Statements and Exhibits.
    (d) Exhibits.

    Exhibit No.Description
    99.1
    Press Release of First Watch Restaurant Group, Inc. dated March 30, 2025
    99.2
    Supplemental Information Presentation for the first fiscal quarter ended March 30, 2025
    104
    Cover Page Interactive Data File (embedded within the Inline XBRL document)
        




    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



    First Watch Restaurant Group, Inc.
    (Registrant)
    Date: May 6, 2025
    By:
    /s/ Mel Hope
    Name:
    Mel Hope
    Title:
    Chief Financial Officer and Treasurer

    Get the next $FWRG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FWRG

    DatePrice TargetRatingAnalyst
    4/1/2025$22.00Hold → Buy
    TD Cowen
    10/17/2024$20.00Overweight
    Stephens
    8/27/2024$23.00Buy
    The Benchmark Company
    1/4/2024$22.00 → $20.00Buy → Hold
    Stifel
    10/18/2023$24.00 → $22.00Outperform → Strong Buy
    Raymond James
    7/18/2023$22.00Overweight
    Piper Sandler
    4/12/2022$22.00 → $17.00Buy
    Citigroup
    1/27/2022$24.50 → $22.00Neutral → Buy
    Citigroup
    More analyst ratings

    $FWRG
    SEC Filings

    See more
    • SEC Form 10-Q filed by First Watch Restaurant Group Inc.

      10-Q - First Watch Restaurant Group, Inc. (0001789940) (Filer)

      5/6/25 7:05:37 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • First Watch Restaurant Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - First Watch Restaurant Group, Inc. (0001789940) (Filer)

      5/6/25 7:04:57 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • SEC Form DEFA14A filed by First Watch Restaurant Group Inc.

      DEFA14A - First Watch Restaurant Group, Inc. (0001789940) (Filer)

      4/8/25 4:02:37 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary

    $FWRG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • First Watch Restaurant Group upgraded by TD Cowen with a new price target

      TD Cowen upgraded First Watch Restaurant Group from Hold to Buy and set a new price target of $22.00

      4/1/25 9:00:07 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • Stephens initiated coverage on First Watch Restaurant Group with a new price target

      Stephens initiated coverage of First Watch Restaurant Group with a rating of Overweight and set a new price target of $20.00

      10/17/24 7:39:12 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • The Benchmark Company initiated coverage on First Watch Restaurant Group with a new price target

      The Benchmark Company initiated coverage of First Watch Restaurant Group with a rating of Buy and set a new price target of $23.00

      8/27/24 7:30:03 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary

    $FWRG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • President and CEO Tomasso Christopher Anthony was granted 365,408 shares, increasing direct ownership by 62% to 950,124 units (SEC Form 4)

      4 - First Watch Restaurant Group, Inc. (0001789940) (Issuer)

      4/11/25 4:02:43 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • CFO and Treasurer Hope H Melville Iii sold $134,699 worth of shares (8,013 units at $16.81) and was granted 48,721 shares, increasing direct ownership by 49% to 123,023 units (SEC Form 4)

      4 - First Watch Restaurant Group, Inc. (0001789940) (Issuer)

      3/14/25 4:07:06 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • Chief Legal Officer, GC & Secy Wolszczak Jay Anthony sold $96,540 worth of shares (5,743 units at $16.81) and was granted 25,883 shares, increasing direct ownership by 46% to 63,651 units (SEC Form 4)

      4 - First Watch Restaurant Group, Inc. (0001789940) (Issuer)

      3/14/25 4:06:25 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary

    $FWRG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by First Watch Restaurant Group Inc. (Amendment)

      SC 13G/A - First Watch Restaurant Group, Inc. (0001789940) (Subject)

      2/14/24 4:00:38 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G/A filed by First Watch Restaurant Group Inc. (Amendment)

      SC 13G/A - First Watch Restaurant Group, Inc. (0001789940) (Subject)

      2/14/23 1:21:39 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G filed by First Watch Restaurant Group Inc.

      SC 13G - First Watch Restaurant Group, Inc. (0001789940) (Subject)

      2/14/22 7:55:28 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary

    $FWRG
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $FWRG
    Financials

    Live finance-specific insights

    See more

    $FWRG
    Leadership Updates

    Live Leadership Updates

    See more
    • First Watch Restaurant Group, Inc. Reports Q1 2025 Financial Results

      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

      5/6/25 7:00:00 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • First Watch Acquires 16 Franchise Restaurants in North and South Carolina

      BRADENTON, Fla., April 28, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) (together with its subsidiaries "First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today completed its previously announced acquisition of 16 of its franchise-owned restaurants and corresponding development rights in North Carolina and South Carolina for an aggregate purchase price of $49 million on a cash-free, debt-free basis. "The acquisition of these 16 locations helps solidify corporate ownership of First Watch restaurants along the East Coast – and provides us with additional territories to grow organically for years to come," sai

      4/28/25 4:05:25 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • First Watch Announces Flagship Location in Heart of Downtown Boston

      BOSTON, April 23, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading daytime restaurant serving breakfast, brunch and lunch, announced it will open its first downtown Boston location in late 2025, marking First Watch's continued expansion in New England. The popular breakfast spot celebrated its entry into Massachusetts earlier this year with the opening of its first greater Boston-area location in Hanover in January. The new restaurant will be located at 777 Boylston St. in the iconic Back Bay neighborhood, bringing First Watch's fresh, chef-driven menu to the heart of the city. "This high-profile location in the heart

      4/23/25 4:05:55 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • First Watch Restaurant Group, Inc. Reports Q1 2025 Financial Results

      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

      5/6/25 7:00:00 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • First Watch Acquires 16 Franchise Restaurants in North and South Carolina

      BRADENTON, Fla., April 28, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) (together with its subsidiaries "First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today completed its previously announced acquisition of 16 of its franchise-owned restaurants and corresponding development rights in North Carolina and South Carolina for an aggregate purchase price of $49 million on a cash-free, debt-free basis. "The acquisition of these 16 locations helps solidify corporate ownership of First Watch restaurants along the East Coast – and provides us with additional territories to grow organically for years to come," sai

      4/28/25 4:05:25 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • First Watch Restaurant Group, Inc. to Report First Quarter 2025 Financial Results on May 6, 2025

      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

      4/22/25 8:00:00 AM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • First Watch Restaurant Group, Inc. Announces Appointment of Charles Jemley and Michael Fleisher to Board of Directors

      BRADENTON, Fla., Aug. 22, 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 the appointment of Charles Jemley to its Board of Directors and as Chair of the Audit Committee effective immediately and the appointment of Michael Fleisher to its Board of Directors effective November 1, 2024. "We are pleased to welcome Charley and Michael to our Board of Directors, and we look forward to leaning on their extensive financial management expertise as we continue to scale the First Watch brand," said Ralph Alvarez, Chairman of the Board of Directors of Fi

      8/22/24 4:34:15 PM ET
      $FCPT
      $FWRG
      $SQSP
      Real Estate Investment Trusts
      Real Estate
      Restaurants
      Consumer Discretionary
    • First Watch Announces Appointment of Jostein Solheim to Board of Directors

      BRADENTON, Fla., Dec. 06, 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 the appointment of Jostein Solheim to its Board of Directors effective immediately. Solheim is an experienced chief executive officer who currently serves as the CEO, Health & Wellbeing at Unilever PLC. "We are excited to welcome Jostein to the Board of Directors of First Watch, and we look forward to leveraging his extensive marketing and brand management expertise," said Ralph Alvarez, Chairman of the Board of Directors of First Watch. "Jostein is a proven leader

      12/6/23 4:30:07 PM ET
      $FWRG
      Restaurants
      Consumer Discretionary
    • First Watch Announces Appointment of Irene Chang Britt to Board of Directors

      BRADENTON, Fla., July 19, 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 the appointment of Irene Chang Britt to its Board of Directors, effective immediately. Ms. Chang Britt is an experienced independent board director and former Fortune 500 C-suite executive, who currently serves on the boards of established businesses and start-up companies representing a variety of industries, including retail, CPG, e-commerce and lifestyle. "We are thrilled to welcome Irene to the Board of Directors of First Watch, and I'm confident that our company wil

      7/19/23 4:15:00 PM ET
      $BHF
      $FWRG
      $IDXX
      $VSCO
      Life Insurance
      Finance
      Restaurants
      Consumer Discretionary