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Stock impact report

First Watch Restaurant Group Inc (FWRG) Q3 2024 Earnings Call Highlights: Strong EBITDA Growth ... [Yahoo! Finance]

First Watch Restaurant Group, Inc. (FWRG) 
Company Research Source: Yahoo! Finance
Net Income: $2.1 million. Restaurant Level Operating Profit Margin: Increased to 18.9%. Same Restaurant Sales: Decline of 1.9%. Same Restaurant Traffic: Decline of 4.4%. New Restaurant Openings: 9 new system wide restaurants opened in the third quarter. Total Number of Restaurants: 547 restaurants at the end of the third quarter. Adjusted EBITDA Margin: General and Administrative Expenses: $27.7 million, 11% of sales. Commodity Inflation: Labor Inflation: Warning! GuruFocus has detected 3 Warning Sign with FWRG. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript First Watch Restaurant Group Inc ( NASDAQ:FWRG ) reported strong adjusted EBITDA growth and increased restaurant-level operating profit margin. The company opened nine new system-wide restaurants across eight states, with seven being company-owned. Dining room traffic turned positive towards the end of the quarter, a Show less Read more
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