Market Cap 1.05B
Revenue (ttm) 1.02B
Net Income (ttm) 18.93M
EPS (ttm) N/A
PE Ratio 98.71
Forward PE 86.79
Profit Margin 1.86%
Debt to Equity Ratio 0.34
Volume 2,625,400
Avg Vol 892,564
Day's Range N/A - N/A
Shares Out 60.99M
Stochastic %K 52%
Beta 0.91
Analysts Strong Sell
Price Target $21.45

Company Profile

First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. The company was founded in 1983 and is based in Bradenton, Florida.

Industry: Restaurants
Sector: Consumer Cyclical
Phone: 941 907 9800
Address:
8725 Pendery Place, Suite 201, Bradenton, United States
SeanDavid
SeanDavid Aug. 5 at 2:00 PM
First Watch $FWRG Earnings: Lots to like here. Still one of the cleanest stories in restaurants. Tracking right to our thesis: share gains, strong unit economics, and disciplined expansion, all while the broader segment slows. (Which is proving to be opportunity for 2nd Gen locations). Key Metrics • Revenue +19.1% Y/Y • Same-restaurant sales +3.5% • Same-restaurant traffic +2% • 17 new restaurants opened • Now operating 600+ locations • AUVs: $2.3M (vs. $1.6M in 2019) • New units trending $2.7M AUV by year 3 • 130+ sites approved and in development ⚡ Some more reads • June = strongest traffic month in 2+ years • Mother’s Day = busiest day in company history • Strength across all dayparts Key for growth is that unit economics remain healthy. Unit-level returns remain best-in-class: • 35%+ cash-on-cash • 18%+ ROIC • Relaunching digital platform in H2: waitlist automation, geolocation check-in, digital ordering, nutrition filters Until next Q. $MCD $SBUX
1 · Reply
Mikedubz1
Mikedubz1 Aug. 5 at 12:50 PM
$FWRG alright hedge fund managers. This is the best growth stock on the market right?! I want to drop 50k on this today?
1 · Reply
Vorby
Vorby Aug. 5 at 2:33 AM
$FWRG Shit it was packed this weekend when I went. Wouldn’t let us stand in the lobby but when our table was ready the lobby was overflowing out the door. Top 3 breakfast spot in my area
0 · Reply
JarvisFlow
JarvisFlow Jul. 29 at 10:00 AM
TD Cowen has adjusted their stance on First Watch Restaurant Gr ( $FWRG ), setting the rating to Buy with a target price of 19 → 21.
0 · Reply
JarvisFlow
JarvisFlow Jul. 18 at 1:55 PM
B of A Securities has adjusted their stance on First Watch Restaurant Gr ( $FWRG ), setting the rating to Buy with a target price of 23 → 21.
0 · Reply
JarvisFlow
JarvisFlow Jul. 17 at 2:57 PM
Barclays has adjusted their stance on First Watch Restaurant Gr ( $FWRG ), setting the rating to Overweight with a target price of 20 → 21.
0 · Reply
offmyrox
offmyrox Jun. 26 at 11:36 PM
$FWRG mad I didn’t pick some up yesterday, thought I could get it a little lower
0 · Reply
FinJay
FinJay Jun. 17 at 3:41 AM
$FWRG https://youtube.com/shorts/pK1oBNosqq8?feature=share
0 · Reply
LewisDaKat
LewisDaKat Jun. 14 at 6:55 PM
News (FWRG) Investment Analysis and Advice https://marketwirenews.com/news-releases/-fwrg-investment-analysis-and-advice-4732178028662860.html $FWRG
0 · Reply
FinJay
FinJay Jun. 10 at 1:46 PM
$FWRG https://youtu.be/ZTE9gXvOhGg
0 · Reply
Latest News on FWRG
First Watch Restaurant: Breakfast Slump Scrambles The Stock

May 8, 2025, 12:57 AM EDT - 3 months ago

First Watch Restaurant: Breakfast Slump Scrambles The Stock


First Watch Acquires 3 Franchise Restaurants in Missouri

Apr 14, 2025, 4:05 PM EDT - 4 months ago

First Watch Acquires 3 Franchise Restaurants in Missouri


First Watch Restaurant: Why Daytime Meals Aren't My Bet For Q1

Mar 16, 2025, 8:18 AM EDT - 5 months ago

First Watch Restaurant: Why Daytime Meals Aren't My Bet For Q1


First Watch Restaurant Group Inc (FWRG) Shares Down 4.33% on Oct 2

Oct 2, 2024, 12:10 PM EDT - 10 months ago

First Watch Restaurant Group Inc (FWRG) Shares Down 4.33% on Oct 2


First Watch Named Newsweek's #1 Most Loved Workplace® in America

Oct 2, 2024, 11:00 AM EDT - 10 months ago

First Watch Named Newsweek's #1 Most Loved Workplace® in America


First Watch Names Rob Conti as Chief Information Officer

Sep 3, 2024, 4:30 PM EDT - 1 year ago

First Watch Names Rob Conti as Chief Information Officer


SeanDavid
SeanDavid Aug. 5 at 2:00 PM
First Watch $FWRG Earnings: Lots to like here. Still one of the cleanest stories in restaurants. Tracking right to our thesis: share gains, strong unit economics, and disciplined expansion, all while the broader segment slows. (Which is proving to be opportunity for 2nd Gen locations). Key Metrics • Revenue +19.1% Y/Y • Same-restaurant sales +3.5% • Same-restaurant traffic +2% • 17 new restaurants opened • Now operating 600+ locations • AUVs: $2.3M (vs. $1.6M in 2019) • New units trending $2.7M AUV by year 3 • 130+ sites approved and in development ⚡ Some more reads • June = strongest traffic month in 2+ years • Mother’s Day = busiest day in company history • Strength across all dayparts Key for growth is that unit economics remain healthy. Unit-level returns remain best-in-class: • 35%+ cash-on-cash • 18%+ ROIC • Relaunching digital platform in H2: waitlist automation, geolocation check-in, digital ordering, nutrition filters Until next Q. $MCD $SBUX
1 · Reply
Mikedubz1
Mikedubz1 Aug. 5 at 12:50 PM
$FWRG alright hedge fund managers. This is the best growth stock on the market right?! I want to drop 50k on this today?
1 · Reply
Vorby
Vorby Aug. 5 at 2:33 AM
$FWRG Shit it was packed this weekend when I went. Wouldn’t let us stand in the lobby but when our table was ready the lobby was overflowing out the door. Top 3 breakfast spot in my area
0 · Reply
JarvisFlow
JarvisFlow Jul. 29 at 10:00 AM
TD Cowen has adjusted their stance on First Watch Restaurant Gr ( $FWRG ), setting the rating to Buy with a target price of 19 → 21.
0 · Reply
JarvisFlow
JarvisFlow Jul. 18 at 1:55 PM
B of A Securities has adjusted their stance on First Watch Restaurant Gr ( $FWRG ), setting the rating to Buy with a target price of 23 → 21.
0 · Reply
JarvisFlow
JarvisFlow Jul. 17 at 2:57 PM
Barclays has adjusted their stance on First Watch Restaurant Gr ( $FWRG ), setting the rating to Overweight with a target price of 20 → 21.
0 · Reply
offmyrox
offmyrox Jun. 26 at 11:36 PM
$FWRG mad I didn’t pick some up yesterday, thought I could get it a little lower
0 · Reply
FinJay
FinJay Jun. 17 at 3:41 AM
$FWRG https://youtube.com/shorts/pK1oBNosqq8?feature=share
0 · Reply
LewisDaKat
LewisDaKat Jun. 14 at 6:55 PM
News (FWRG) Investment Analysis and Advice https://marketwirenews.com/news-releases/-fwrg-investment-analysis-and-advice-4732178028662860.html $FWRG
0 · Reply
FinJay
FinJay Jun. 10 at 1:46 PM
$FWRG https://youtu.be/ZTE9gXvOhGg
0 · Reply
PaidBashar
PaidBashar Jun. 9 at 4:53 PM
$FWRG that didn't take long lol
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PaidBashar
PaidBashar Jun. 6 at 2:31 PM
$FWRG the cash on cash returns of this business are so high that i imagine some private equity firms are looking very hard at this
1 · Reply
PaidBashar
PaidBashar Jun. 6 at 2:18 PM
$FWRG Advent block went off at $14.70 for 4.5 million shares
0 · Reply
Mikedubz1
Mikedubz1 Jun. 5 at 9:37 PM
$FWRG Why is Advent selling?
0 · Reply
PaidBashar
PaidBashar Jun. 4 at 1:50 PM
$FWRG will be interesting to see where Advent's 4.5 million share block gets placed and at what price GLTA
1 · Reply
JarvisFlow
JarvisFlow Jun. 4 at 10:00 AM
TD Securities has updated their rating for First Watch Restaurant Gr ( $FWRG ) to Buy with a price target of 19.
0 · Reply
PaidBashar
PaidBashar Jun. 2 at 4:10 PM
$FWRG i have never seen a single one of their store units that isn't highly successful / crowded / popular with locals
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Pilot_Trader
Pilot_Trader May. 27 at 5:34 PM
$FWRG bought more, also sold a put for earnings
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The_real_sing_chart
The_real_sing_chart May. 22 at 12:36 PM
$FWRG head below 12$ and I’m buy a few ☕️ 9$ possible
0 · Reply
offmyrox
offmyrox May. 21 at 5:50 PM
$FWRG a little lower & I’m back in
0 · Reply
PaidBashar
PaidBashar May. 21 at 12:37 PM
$FWRG interesting -- many of the smartest small cap institutional investors in the world are invested in this
0 · Reply
JarvisFlow
JarvisFlow May. 8 at 2:30 PM
Guggenheim updates rating for First Watch Restaurant Gr ( $FWRG ) to Buy, target set at 23 → 22.
0 · Reply