The Russell 2000 index tracks the performance of small-to-mid capitalization stocks. If anyone has been watching this captivating index, they would have seen a stark divergence between small-to-mid-cap and large-cap returns. As an example, the Russell 2000 rose 5.2% in the first quarter, yet the S&P500 and the tech-heavy Nasdaq Composite had rallied 10.2% and 9.1%, respectively.The onset of the second quarter marked a negative shift in broader U.S. equities returns as a result of a higher-than-expected Marc ...

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. Intereste ...

BRADENTON, Fla., May 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 it will participate in two June investor conferences: The Company will meet with institutional investors at TD Cowen’s 8th Annual Future of the Consumer Conference in New York City on Tuesday, June 4, 2024. The Company will meet with institutional investors at the Jefferies Consumer Confer ...

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Steve Marotta - VP of IR Chris Tomasso - CEO and President Mel Hope - CFO Matt Eisenacher - Chief Brand Officer Conference Call Participants Katherine Griffin - Bank of America Anisha Datt - Barclays Andy Barish - Jefferies Jon Tower - Citigroup Brian Vaccaro - Raymond James Gregory Francfort - Guggenheim Securities Chris O'Cull - Stifel Operator Thank you for standing by, and welcom ...

First Watch Restaurant Group, Inc. (FWRG) reported $242.45 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 14.7%. EPS of $0.12 for the same period compares to $0.15 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $244.78 million, representing a surprise of -0.95%. The company delivered an EPS surprise of +20.00%, with the consensus EPS estimate being $0.10. While investors scrutinize revenue and earnings changes year-over-year and h ...

First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise. Over the last four quarters, the ...

Q1 2024 SUPPLEMENTAL INFORMATION May 7, 2024 CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES FORWARD LOOKING STATEMENTS In addition to historical information, this presentation may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, which are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different from the statements made herein. All st ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _____ Commission file number 001-40866 First Watch Restaurant Group, Inc. (Exact name of registrant as specified in its charter) Delaware 82-4271369 ...

Exhibit 99.1 First Watch Restaurant Group, Inc. Reports Strong Q1 2024 Financial Results 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 million 9 system-wide restaurants opened across 8 states BRADENTON, FL — May 7, 2024 — First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept ...

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 million 9 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 ...