FIRST WATCH RESTAURANT GROUP
FWRGNASDAQTrading Snapshot
- Day Range
- $12.06 – $12.31
- 52-Week Range
- $9.97 – $19.53
- Volume
- $2.86B
- Avg Volume
- $3.77B
- Shares Outstanding
- 61.6M
- Next Earnings
- Sep 19, 2026
Fundamentals Snapshot
- Annual Revenue
- $1.22B
- Last Q Revenue
- $355M
- P/E Ratio
- 41.7
- P/S Ratio
- 0.6x
- EPS (TTM)
- $0.28
- Dividend Yield
- —
Why Investors Own FWRG
- ✓High-growth profile — revenue up +45.2% YoY with expanding US Equity exposure.
- ✓Healthy economics — 39% gross margin and 10% free-cash-flow margin.
- ✓New products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About FIRST WATCH RESTAURANT GROUP
First Watch Restaurant Group, Inc. oversees and licenses restaurant operations under the First Watch brand. As of March 23, 2022, its extensive presence included 341 company-owned eateries and 94 franchised outlets, operating across 28 U.S. states. The enterprise, established in 1983 with its main office in Bradenton, Florida, previously traded as AI Fresh Super Holdco, Inc. before changing its designation to First Watch Restaurant Group, Inc. in December 2019.
Otter Score Breakdown
ⓘAnalyst Ratings
ⓘLatest News & Updates
Guggenheim Maintains Buy on First Watch Restaurant Gr, Lowers Price Target to $20
Guggenheim analyst Gregory Francfort maintains First Watch Restaurant Gr (NASDAQ:FWRG) with a Buy and lowers the price target from $21 to $20.
Citigroup Maintains Buy on First Watch Restaurant Gr, Lowers Price Target to $20
Citigroup analyst Jon Tower maintains First Watch Restaurant Gr (NASDAQ:FWRG) with a Buy and lowers the price target from $21 to $20.
First Watch Restaurant Group, Inc. 2026 Q2 - Results - Earnings Call Presentation
2026-08-04. The following slide deck was published by First Watch Restaurant Group, Inc.
First Watch Restaurant Group, Inc. (FWRG) Q2 2026 Earnings Call Transcript
First Watch Restaurant Group, Inc. (FWRG) Q2 2026 Earnings Call August 4, 2026 8:00 AM EDTCompany ParticipantsSteven Marotta - Vice President of Investor...
Full Transcript: First Watch Restaurant Gr Q2 2026 Earnings Call
On Tuesday, First Watch Restaurant Gr (NASDAQ:FWRG) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you by Benzinga APIs. For
First Watch Restaurant Gr Q2 EPS $0.04 Misses $0.05 Estimate, Sales $354.672M Beat $351.262M Estimate
First Watch Restaurant Gr (NASDAQ:FWRG) reported quarterly earnings of $0.04 per share which missed the analyst consensus estimate of $0.05 by 20 percent. This is a 33.33 percent increase over earnings of $0.03 per