NasdaqGS - Nasdaq Real Time Price • USD First Watch Restaurant Group, Inc. (FWRG) Follow Compare 18.61 +0.36 (+1.97%) At close: December 20 at 4:00:02 PM EST 18.61 0.00 (0.00%) After hours: December 20 at 4:20:15 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 3 Reasons to Sell FWRG and 1 Stock to Buy Instead First Watch trades at $19.33 and has moved in lockstep with the market. Its shares have returned 5.9% over the last six months while the S&P 500 has gained 10.4%. Is It Too Late To Consider Buying First Watch Restaurant Group, Inc. (NASDAQ:FWRG)? First Watch Restaurant Group, Inc. ( NASDAQ:FWRG ), might not be a large cap stock, but it received a lot of attention... Q3 Earnings Roundup: BJ's (NASDAQ:BJRI) And The Rest Of The Sit-Down Dining Segment The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how sit-down dining stocks fared in Q3, starting with BJ's (NASDAQ:BJRI). Unpacking Q3 Earnings: First Watch (NASDAQ:FWRG) In The Context Of Other Sit-Down Dining Stocks As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the sit-down dining industry, including First Watch (NASDAQ:FWRG) and its peers. 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. 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 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”). The underwriter has a 30-day option to purchase up to an additiona Red Lobster and TGI Fridays are closing. Here’s what’s moving in In Woodbridge, Virginia, LongHorn Steakhouse will take over an old TGI Fridays. In Watertown, New, York, a former Red Lobster is being converted to a Northern Credit Union bank. And Chick-fil-A is taking over a shuttered Red Lobster in Naples, Florida. 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 Stay Golden Cinnamon Roll at First Watch First Watch is inspiring acts of kindness on World Kindness Day. BRADENTON, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- A little kindness goes a long way, and First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (together with its subsidiaries “First Watch” or the “Company”) – the leading daytime dining concept specializing in breakfast, brunch and lunch – is spreading the j First Watch to Acquire 16 Franchise Restaurants in North and South Carolina Acquisition will mark second largest franchisee deal in First Watch’s history, Includes development rights for marketBRADENTON, Fla., Nov. 11, 2024 (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 it has agreed to acquire 15 of its franchise-owned restaurants, one restaurant currently under construction and corresponding dev Earnings Miss: First Watch Restaurant Group, Inc. Missed EPS By 36% And Analysts Are Revising Their Forecasts Shareholders will be ecstatic, with their stake up 23% over the past week following First Watch Restaurant Group, Inc... First Watch Restaurant Group Inc (FWRG) Q3 2024 Earnings Call Highlights: Strong EBITDA Growth ... Despite a decline in same restaurant sales, First Watch Restaurant Group Inc (FWRG) reports robust EBITDA growth and successful new restaurant openings. First Watch Reports Revenue Growth and Expansion Plans An announcement from First Watch Restaurant Group ( (FWRG) ) is now available. First Watch Restaurant Group reported a 14.8% increase in total revenues for Q3 2024, despite facing challenges like negative same-restaurant sales and traffic growth. The company opened nine new restaurants while maintaining strong restaurant-level operations, leading to an 18% rise in Adjusted EBITDA. CEO Chris Tomasso highlighted the company’s commitment to expanding its footprint to 2,200 locations, although some 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. First Watch Restaurant Group, Inc. (FWRG) Lags Q3 Earnings and Revenue Estimates First Watch Restaurant Group (FWRG) delivered earnings and revenue surprises of -40% and 3.25%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? First Watch (NASDAQ:FWRG) Misses Q3 Revenue Estimates Breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 14.8% year on year to $251.6 million. Its GAAP profit of $0.03 per share was also 36.3% below analysts’ consensus estimates. 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 million9 new system-wide restaurants opened in 8 states BRADENTON, Fla., Nov. 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 for the thirteen weeks ended September 29, 2024 (“Q3 2024”). “We are pleased with our performance in Q3 First Watch (FWRG) Q3 Earnings: What To Expect Breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) will be reporting results tomorrow before market open. Here’s what investors should know. Analysts Estimate Bloomin' Brands (BLMN) to Report a Decline in Earnings: What to Look Out for Bloomin' Brands (BLMN) 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. 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. Performance Overview Trailing total returns as of 12/20/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return FWRG S&P 500 YTD -7.41% +24.34% 1-Year -4.76% +24.38% 3-Year +15.73% +28.36%