First Watch Restaurant Group, Inc. Reports Q3 2024 Financial Results
First Watch Restaurant Group, Inc. (FWRG)
Company Research
Source: GlobeNewswire
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 as it reflects our teams’ superb restaurant-level operations, especially considering an uneven consumer backdrop. Traffic picked up through the quarter, our employee turnover once again improved and remains favorable relative to the industry as a whole and Adjusted EBITDA grew 18%,” said Chris Tomasso, First Watch CEO and President. “We are committed to ensuring our people and real estate pipelines are in place to support our growth to 2,200 locations.”
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- Is It Too Late To Consider Buying First Watch Restaurant Group, Inc. (NASDAQ:FWRG)? [Yahoo! Finance]Yahoo! Finance
- FWRG Stock Gains on a Deal to Acquire 16 Franchise Restaurants [Yahoo! Finance]Yahoo! Finance
- First Watch Restaurant Group, Inc. Announces Pricing of Secondary Offering of Common StockGlobeNewswire
- First Watch Restaurant Group, Inc. Announces Secondary Offering of Common StockGlobeNewswire
- First Watch Inspires Acts of Kindness with ‘Sweet’ Gesture on World Kindness DayGlobeNewswire
FWRG
Earnings
- 11/7/24 - Miss
FWRG
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- FWRG's page on the SEC website