| Why this analyst says restaurants are 'relatively well' set up for an economic slowdown |
Texas Roadhouse stock is up after reporting mixed earnings results. Citi director and restaurant analyst Jon Tower explains how consumer behavior and macroeconomic headwinds are shaping the restaurant industry. |
youtube.com |
2025-05-09 18:13:42 |
Czytaj oryginał (ang.) |
| First Watch Restaurant: Breakfast Slump Scrambles The Stock |
First Watch's Q1 results were disappointing, with EPS of -$0.01 and revenue of $282.3 million, missing Wall Street estimates and causing a stock drop. Breakfast traffic has declined significantly, impacting First Watch's high price points and elaborate food offerings, making it hard to thrive in a value-driven environment. Rising food and labor costs, particularly for eggs and dairy, are squeezing margins, with restaurant-level margins dropping 430 basis points year-over-year to 16.5%. |
seekingalpha.com |
2025-05-08 04:57:26 |
Czytaj oryginał (ang.) |
| First Watch Restaurant price target lowered to $17 from $18 at Stifel |
Stifel analyst Chris O'Cull lowered the firm's price target on First Watch Restaurant to $17 from $18 and keeps a Hold rating on the shares. Despite weaker-than-anticipated Q1 comparable sales, First Watch maintained its full-year top-line guidance, but meaningfully reduced its EBITDA outlook due to cost pressures, the firm says. Stifel believes high comparable sales expectations heading into the earnings report, the size of the EBITDA guidance reduction, and a top-line outlook that appears aggressive were the primary reasons for the stock's sharp pullback. While the firm was encouraged that dine-in traffic improved in April, it believes the company must prove that its marketing efforts can sustainably drive positive traffic without unduly impacting average check. 21 May |
https://thefly.com |
2025-05-07 17:34:56 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. (FWRG) Q1 2025 Earnings Call Transcript |
First Watch Restaurant Group, Inc. (NASDAQ:FWRG ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Steven Marotta - Vice President, Investor Relations Chris Tomasso - President and Chief Executive Officer Mel Hope - Chief Financial Officer Matt Eisenacher - Chief Brand Officer Conference Call Participants Andrew Charles - TD Cowen Jim Salera - Stephens Inc Brian Vaccaro - Raymond James Jeffrey Bernstein - Barclays Sara Senatore - Bank of America Jon Tower - Citi Todd Brooks - The Benchmark Company Andy Barish - Jefferies Brian Mullan - Piper Sandler Gregory Francfort - Guggenheim Securities Operator Thank you for standing by, and welcome to the First Watch Restaurant Group Inc. First Quarter Earnings Conference Call occurring today, May 6, 2025 at 8 AM Eastern Time. Please note that, all participants are currently in a listen-only mode. |
seekingalpha.com |
2025-05-06 18:23:23 |
Czytaj oryginał (ang.) |
| Compared to Estimates, First Watch Restaurant Group (FWRG) Q1 Earnings: A Look at Key Metrics |
While the top- and bottom-line numbers for First Watch Restaurant Group (FWRG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-05-06 14:36:17 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. (FWRG) Reports Q1 Loss, Lags Revenue Estimates |
First Watch Restaurant Group, Inc. (FWRG) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.12 per share a year ago. |
zacks.com |
2025-05-06 13:30:44 |
Czytaj oryginał (ang.) |
| 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 million 13 new system-wide restaurants opened in 10 states |
globenewswire.com |
2025-05-06 11:00:00 |
Czytaj oryginał (ang.) |
| First Watch Acquires 16 Franchise Restaurants in North and South Carolina |
Acquisition Marks Second Largest Franchisee Deal in First Watch's History, Underscores Long-term Growth Strategy Acquisition Marks Second Largest Franchisee Deal in First Watch's History, Underscores Long-term Growth Strategy |
globenewswire.com |
2025-04-28 20:05:00 |
Czytaj oryginał (ang.) |
| First Watch Announces Flagship Location in Heart of Downtown Boston |
Boylston St. restaurant signals Daytime Dining leader's continued New England expansion Boylston St. restaurant signals Daytime Dining leader's continued New England expansion |
globenewswire.com |
2025-04-23 20:05:00 |
Czytaj oryginał (ang.) |
| FWRG Expands Portfolio With Strategic Acquisitions in Missouri |
First Watch Restaurant drives growth by acquiring three franchise locations and development rights in Missouri. |
zacks.com |
2025-04-15 16:15:36 |
Czytaj oryginał (ang.) |
| First Watch Acquires 3 Franchise Restaurants in Missouri |
BRADENTON, Fla., April 14, 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 announced the acquisition of three of its franchise-owned restaurants and corresponding development rights in Missouri. |
globenewswire.com |
2025-04-14 20:05:00 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group: A First-Rate Small-Cap Growth Stock |
First Watch Restaurant Group NASDAQ: FWRG is a first-rate small-cap growth stock on track to triple in size over the next ten years. The company stands out among restaurants in the sit-down breakfast category, serving above-average-quality traditional breakfast alongside an eclectic menu of appetizing choices. |
marketbeat.com |
2025-04-03 11:43:04 |
Czytaj oryginał (ang.) |
| First Watch Sees Brighter 2025 With Improved Marketing, Lower Egg Costs, Says Analyst |
First Watch Restaurant Group Inc's FWRG same-store sales performance is likely to improve in 2025, given signs of headwinds dissipating in 2024 and more effective marketing, according to TD Cowen. |
benzinga.com |
2025-04-01 15:11:36 |
Czytaj oryginał (ang.) |
| First Watch Restaurant: Why Daytime Meals Aren't My Bet For Q1 |
First Watch's traffic and same-store sales are declining, with breakfast seeing the steepest drop, raising concerns about its premium positioning and value-per-dollar equation. Despite revenue growth driven by new openings, First Watch faces negative free cash flow and increasing debt, complicating its financial stability and ability to return capital to shareholders. FWRG stock is not cheap, trading at high multiples with a PEG ratio that doesn't justify its growth prospects, making it a hold rather than a buy. |
seekingalpha.com |
2025-03-16 10:18:19 |
Czytaj oryginał (ang.) |
| First Watch Q4 Earnings Miss Estimates, Revenues Rise Y/Y |
FWRG's fiscal fourth-quarter top line reflects benefits from new restaurant openings and menu price increases. |
zacks.com |
2025-03-12 10:10:17 |
Czytaj oryginał (ang.) |
| First Watch Stock Slips as Executives Warn of Egg Costs Hurting Margins |
Shares of First Watch Restaurant Group (FWRG) dropped on Tuesday as the breakfast chain said it expects high prices of eggs and other commodities will likely pressure its margins this year. |
investopedia.com |
2025-03-11 16:54:40 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. (FWRG) Lags Q4 Earnings Estimates |
First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.04 per share a year ago. |
zacks.com |
2025-03-11 11:25:24 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. (FWRG) Q4 2024 Earnings Call Transcript |
First Watch Restaurant Group, Inc. (NASDAQ:FWRG ) Q4 2024 - Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Steven Marotta - VP, IR Chris Tomasso - President and CEO Mel Hope - CFO Conference Call Participants Jeffrey Bernstein - Barclays Andrew Charles - TD Cowen Sara Senatore - Bank of America Andy Barish - Jefferies Jim Salera - Stephens Gregory Francfort - Guggenheim Securities Brian Vaccaro - Raymond James Operator Thank you for standing by, and welcome to the First Watch Restaurant Group Incorporated Fourth Quarter Earnings Conference Call occurring today, March 11, 2025 at 8AM Eastern Time. [Operator Instructions]. |
seekingalpha.com |
2025-03-11 11:19:14 |
Czytaj oryginał (ang.) |
| Countdown to First Watch Restaurant Group (FWRG) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS |
Beyond analysts' top -and-bottom-line estimates for First Watch Restaurant Group (FWRG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024. |
zacks.com |
2025-03-06 12:20:27 |
Czytaj oryginał (ang.) |
| First Watch Restaurant: A Dull Morning In Q4 Overshadowed By Other Family Dining Competitors |
First Watch is a unique, fast-growing family dining chain with a focus on breakfast, brunch, and lunch, avoiding discounts and maintaining high unit-level margins. Despite industry recovery, First Watch's same-store sales fell 0.3% in Q4 FY 2024, with traffic declining 3% year-over-year, raising concerns about future growth. The chain's valuation appears stretched, trading at a P/E of 41.67, significantly above the industry median, making it potentially overvalued compared to peers. |
seekingalpha.com |
2025-01-21 10:07:50 |
Czytaj oryginał (ang.) |
| First Watch Posts Q4 Preliminary Results, Same Restaurant Sales Down |
FWRG reports fourth-quarter and fiscal 2024 preliminary results, wherein same-restaurant sales indicate a 0.3% decline year over year. |
zacks.com |
2025-01-14 13:40:20 |
Czytaj oryginał (ang.) |
| Jefferies' Andy Barish gives his top restaurant picks for 2025 |
Andy Barish, Jefferies managing director of equity research, joins 'The Exchange' to discuss his restaurant outlook in 2025. |
youtube.com |
2024-12-24 14:19:35 |
Czytaj oryginał (ang.) |
| First Watch Restaurant: Between Hurricanes And Acquisitions, The Sun Shines |
First Watch Restaurant Group maintains its stance against value promotions, focusing on targeted advertising, resulting in a 1.9% year-over-year decline in comparable sales due to lower traffic. The company is aggressively expanding by acquiring franchises and opening new restaurants, aiming for 10% net year-over-year growth and a long-term goal of 2,200 locations. Hurricanes in key operating areas significantly impacted Q4 traffic, but recovery is expected as headwinds subside, with a focus on improving on-premise sales. |
seekingalpha.com |
2024-11-18 18:41:06 |
Czytaj oryginał (ang.) |
| FWRG Stock Gains on a Deal to Acquire 16 Franchise Restaurants |
First Watch Restaurant is set to expand its East Coast presence with the acquisition of 16 franchise locations. |
zacks.com |
2024-11-12 14:16:13 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. Announces Pricing of Secondary Offering of Common Stock |
BRADENTON, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the pricing of its previously announced underwritten secondary offering (the “Offering”) by certain funds managed by Advent International, L.P. (the “Selling Stockholders”) of 8,000,000 shares of the Company's common stock (“Common Stock”). The shares have been offered at a price to the public of $19.95 per share. The Offering is expected to close on November 13, 2024, subject to customary closing conditions. |
globenewswire.com |
2024-11-12 11:27:00 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. Announces Secondary Offering of Common Stock |
BRADENTON, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the launch of an underwritten secondary offering (the “Offering”) by certain funds managed by Advent International, L.P. (the “Selling Stockholders”) of 8,000,000 shares of the Company's common stock (“Common Stock”). |
globenewswire.com |
2024-11-12 08:06:00 |
Czytaj oryginał (ang.) |
| First Watch Inspires Acts of Kindness with ‘Sweet' Gesture on World Kindness Day |
Restaurant giving away 15,000 Cinnamon Rolls for customers to pay forward on November 13 Restaurant giving away 15,000 Cinnamon Rolls for customers to pay forward on November 13 |
globenewswire.com |
2024-11-11 13:00:00 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. (FWRG) Q3 2024 Earnings Conference Call Transcript |
First Watch Restaurant Group, Inc. (NASDAQ:FWRG ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Steven Marotta - VP, IR Chris Tomasso - President and CEO Mel Hope - CFO Conference Call Participants Jim Salera - Stephens Jeffrey Bernstein - Barclays Todd Brooks - The Benchmark Company Andy Barish - Jefferies Brian Vaccaro - Raymond James Katherine Griffin - Bank of America Jon Tower - Citi Gregory Francfort - Guggenheim Securities Operator Greetings, and welcome to the First Watch Restaurant Group Third Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode. |
seekingalpha.com |
2024-11-10 06:37:13 |
Czytaj oryginał (ang.) |
| Compared to Estimates, First Watch Restaurant Group (FWRG) Q3 Earnings: A Look at Key Metrics |
Although the revenue and EPS for First Watch Restaurant Group (FWRG) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-11-07 13:00:33 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. (FWRG) Lags Q3 Earnings and Revenue Estimates |
First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.09 per share a year ago. |
zacks.com |
2024-11-07 11:45:39 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. Reports Q3 2024 Financial Results |
Total revenues increased 14.8% Net income of $2.1 million and Adjusted EBITDA growth of 18% to $25.6 million 9 new system-wide restaurants opened in 8 states |
globenewswire.com |
2024-11-07 09:00:00 |
Czytaj oryginał (ang.) |
| Analysts Estimate First Watch Restaurant Group, Inc. (FWRG) to Report a Decline in Earnings: What to Look Out for |
First Watch Restaurant Group (FWRG) 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. |
zacks.com |
2024-10-31 13:05:50 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. to Report Third Quarter 2024 Financial Results on November 7, 2024 |
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. |
globenewswire.com |
2024-10-24 12:00:00 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group, Inc. Provides Status of Company Restaurants Affected by Hurricane Milton |
BRADENTON, Fla., Oct. 14, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”) provides the following information regarding Hurricane Milton. |
globenewswire.com |
2024-10-14 12:30:00 |
Czytaj oryginał (ang.) |
| Is the Options Market Predicting a Spike in First Watch (FWRG) Stock? |
Investors need to pay close attention to First Watch (FWRG) stock based on the movements in the options market lately. |
zacks.com |
2024-10-07 13:55:37 |
Czytaj oryginał (ang.) |
| First Watch Restaurant Group Inc (FWRG) Shares Down 4.33% on Oct 2 |
Shares of First Watch Restaurant Group Inc (FWRG, Financial) fell 4.33% in mid-day trading on Oct 2. The stock reached an intraday low of $14.31, before recovering slightly to $14.37, down from its previous close of $15.02. |
gurufocus.com |
2024-10-02 16:10:25 |
Czytaj oryginał (ang.) |
| First Watch Named Newsweek's #1 Most Loved Workplace® in America |
Daytime Dining leader recognized for the third consecutive year for team member sentiment and satisfaction Daytime Dining leader recognized for the third consecutive year for team member sentiment and satisfaction |
globenewswire.com |
2024-10-02 15:00:00 |
Czytaj oryginał (ang.) |
| First Watch Restaurant: Q2, Traffic Issues Are Likely Temporary (Rating Upgrade) |
First Watch Restaurant Group's Q2 showed a considerable traffic decline, but solid underlying earnings growth from a growing scale and upkept pricing. First Watch adjusted its 2024 guidance to reflect weaker expected traffic, but the guidance shift is still likely a sign of weak industry traffic instead of company-specific weakness. Despite present risks in the investment case, FWRG's stock now represents an attractive risk-to-reward at a lower price. |
seekingalpha.com |
2024-09-16 14:30:00 |
Czytaj oryginał (ang.) |
| First Watch Restaurant: A Non-Traditional Recipe For Dealing With Traffic |
First Watch's strategy of avoiding value promotions in a price-sensitive market is risky, potentially leading to negative comparable sales in Q3 and Q4. The company's focus on menu innovations and premium pricing has helped maintain resilience, but hasn't fully offset declining traffic and average check growth. Recent acquisitions and debt levels are manageable, but continued high capital expenditures and economic risks could increase financial risk in the medium term. |
seekingalpha.com |
2024-09-14 05:51:48 |
Czytaj oryginał (ang.) |
| First Watch Names Rob Conti as Chief Information Officer |
BRADENTON, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and lunch, recently announced the promotion of Rob Conti to Chief Information Officer. Joining First Watch in 2019, he previously served as Senior Vice President of Information Technology, and brings to the role more than 25 years of experience leading technology solutions and services for prominent hospitality brands. At First Watch, he is responsible for setting the organization's IT strategy and roadmap, and ensuring successful integration of technology initiatives and programs. |
globenewswire.com |
2024-09-03 20:30:00 |
Czytaj oryginał (ang.) |
| FIRST WATCH STOCKHOLDER ALERT: Kaskela Law LLC Announces Investigation of First Watch Restaurant Group, Inc. (FWRG) and Encourages Investors to Contact the Firm |
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch”) on behalf of the company's investors. Since May 2024, shares of First Watch's stock have declined from a trading price of over $25.00 per share to a recent trading price of approximately $16.50, a decline of $8.50 per share, or over 34% in value. The investigation seeks to determine whether First Watch and/or the company's officers and directors vio. |
businesswire.com |
2024-08-31 11:00:00 |
Czytaj oryginał (ang.) |