First Watch Restaurant Group, Inc.
Close on Oct 19, 2026
- Market cap
- $757.53M
- P/E (TTM)
- 41.9
- Dividend yield
- –
Earnings
Next report expected Nov 3, 2026, before market open (estimated from past report dates)
| Quarter | Reported | Time | Revenue | EPS (GAAP) | EPS (adjusted) |
|---|---|---|---|---|---|
| Q2 FY2026 Ended Jun 28, 2026 | Aug 4, 2026 | Before market open | $354.70M | $0.04 | – |
| Q1 FY2026 Ended Mar 29, 2026 | May 5, 2026 | Before market open | $331.00M | $-0.04 | – |
| Q4 FY2025 Ended Dec 28, 2025 | Feb 24, 2026 | Before market open | $316.40M | $0.24 | – |
| Q3 FY2025 Ended Sep 28, 2025 | Nov 4, 2025 | Before market open | $316.00M | $0.05 | – |
| Q2 FY2025 Ended Jun 29, 2025 | Aug 5, 2025 | Before market open | $307.90M | $0.03 | – |
| Q1 FY2025 Ended Mar 30, 2025 | May 6, 2025 | Before market open | $282.20M | $-0.01 | – |
| Q4 FY2024 Ended Dec 29, 2024 | Mar 11, 2025 | Before market open | $263.30M | $0.01 | – |
| Q3 FY2024 Ended Sep 29, 2024 | Nov 7, 2024 | Before market open | $251.60M | $0.03 | – |
| Q2 FY2024 Ended Jun 30, 2024 | Aug 6, 2024 | Before market open | – | – | – |
| Q1 FY2024 Ended Mar 31, 2024 | May 7, 2024 | Before market open | – | – | – |
| Q4 FY2023 Ended Dec 31, 2023 | Mar 5, 2024 | Before market open | – | – | – |
Company guidance
Outlook given with results on Aug 4, 2026, compared with the previous outlook
| Measure | Period | Guidance | vs. prior |
|---|---|---|---|
| Capital expenditures | 52-week fiscal year ending December 27, 2026 | $145.00M to $150.00M | Lowered |
| Same-Restaurant Sales Growth | 52-week fiscal year ending December 27, 2026 | 1.5% to 3% growth | Raised |
| Adjusted EBITDAnon-GAAP | 52-week fiscal year ending December 27, 2026 | $133.00M to $136.00M | Lowered |
| net new System-wide restaurants | 52-week fiscal year ending December 27, 2026 | 60 to 62 | Narrowed |
| Total revenue growth | 52-week fiscal year ending December 27, 2026 | 12.5% to 14% growth | Raised |
Figures and the sentence they come from are taken from the company's earnings release. Hover a measure to read the source sentence.
Press releases
Announcements First Watch Restaurant filed with the SEC
Long-Term Annual Growth Targets August 4, 2026 Exhibit 99.1
Regulation FD disclosure · EX-99.1 to Form 8-K
First Watch Restaurant Group, Inc. Reports Q2 2026 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q2 2026 August 4, 2026 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
First Watch Restaurant Group, Inc. Reports Q1 2026 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q1 2026 May 5, 2026 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
UPDATE - First Watch Restaurant Group, Inc. Reports 2025 Financial Results and Provides Outlook for 2026
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K/A
SUPPLEMENTAL INFORMATION Q4 2025 February 24, 2026 Exhibit 99.3
Results of operations · Regulation FD disclosure · EX-99.3 to Form 8-K/A
First Watch Restaurant Group, Inc. Reports 2025 Financial Results and Provides Outlook for 2026
Results of operations · Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
First Watch Restaurant Group, Inc. Announces Retirement of Chief Financial Officer Mel Hope and Transition Plan
Results of operations · Executive or director change · Regulation FD disclosure · EX-99.2 to Form 8-K
SUPPLEMENTAL INFORMATION Q4 2025 February 24, 2026 Exhibit 99.3
Results of operations · Executive or director change · Regulation FD disclosure · EX-99.3 to Form 8-K
FIRST WATCH RESTAURANT GROUP, INC. REPORTS PRELIMINARY OPERATIONAL METRICS FOR THE FOURTH QUARTER AND FISCAL YEAR 2025
Results of operations · EX-99.1 to Form 8-K
First Watch Restaurant Group, Inc. Reports Q3 2025 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q3 2025 November 4, 2025 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
First Watch Restaurant Group, Inc. Reports Q2 2025 Financial Results and Reaches 600th System-Wide Restaurant Milestone
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q2 2025 August 5, 2025 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
First Watch Restaurant Group, Inc. Reports Q1 2025 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q1 2025 May 6, 2025 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
First Watch Restaurant Group, Inc. Reports 2024 Financial Results and Provides Outlook for 2025
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q4 2024 March 11, 2025 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
FIRST WATCH RESTAURANT GROUP, INC. REPORTS PRELIMINARY OPERATIONAL METRICS FOR THE FOURTH QUARTER AND FISCAL YEAR 2024
Results of operations · EX-99.1 to Form 8-K
FIRST WATCH TO ACQUIRE 16 FRANCHISE RESTAURANTS IN NORTH AND SOUTH CAROLINA
Material agreement · Regulation FD disclosure · EX-99.1 to Form 8-K
First Watch Restaurant Group, Inc. Reports Q3 2024 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q3 2024 November 7, 2024 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
First Watch Restaurant Group, Inc. Provides Status of Company Restaurants Affected by Hurricane Milton
Other events · EX-99.1 to Form 8-K
First Watch Restaurant Group, Inc. Announces Appointment of Charles Jemley and Michael Fleisher to Board of Directors
Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
INVESTOR PRESENTATION NASDAQ: FWRG August 22, 2024 A BREAKOUT GROWTH STORY MORE THAN 40 YEARS IN THE MAKING Exhibit 99.2
Executive or director change · Regulation FD disclosure · EX-99.2 to Form 8-K
First Watch Restaurant Group, Inc. Reports Q2 2024 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q2 2024 August 6, 2024
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
First Watch Restaurant Group, Inc. Reports Strong Q1 2024 Financial Results
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q1 2024 May 7, 2024 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
FIRST WATCH ACQUIRES 21 FRANCHISE RESTAURANTS IN NORTH CAROLINA
Other events · EX-99.1 to Form 8-K
First Watch Restaurant Group, Inc. Reports Strong 2023 Financial Results and Provides 2024 Outlook
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
SUPPLEMENTAL INFORMATION Q4 2023 March 5, 2024 Exhibit 99.2
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
FIRST WATCH RESTAURANT GROUP, INC. REPORTS PRELIMINARY OPERATIONAL METRICS FOR THE FOURTH QUARTER AND FISCAL YEAR 2023
Results of operations · EX-99.1 to Form 8-K
FIRST WATCH TO ACQUIRE 21 FRANCHISE RESTAURANTS IN NORTH CAROLINA
Material agreement · New financial obligation · Regulation FD disclosure · EX-99.1 to Form 8-K
THE SECRET INGREDIENTS TO OUR SUCCESS
Regulation FD disclosure · EX-99.1 to Form 8-K
FIRST WATCH ANNOUNCES ACQUISITION OF SIX FRANCHISE RESTAURANTS IN FLORIDA
Other events · EX-99.1 to Form 8-K
First Watch Restaurant Group, Inc. Reports Strong Q3 2023 Financial Results and Surpasses 500 System-Wide Restaurants
Results of operations · Regulation FD disclosure · EX-99.1 to Form 8-K
Welcome to First Watch Supplemental Information Q3 2023 November 1, 2023
Results of operations · Regulation FD disclosure · EX-99.2 to Form 8-K
THE SECRET INGREDIENTS TO OUR SUCCESS
Regulation FD disclosure · Other events · EX-99.1 to Form 8-K