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Stock impact report

First Watch Reports Revenue Growth and Expansion Plans [Yahoo! Finance]

First Watch Restaurant Group, Inc. (FWRG) 
Company Research Source: Yahoo! Finance
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 openings were delayed due to Hurricane Milton. With a focus on supporting growth, First Watch aims for continued success in the dynamic dining market. For a thorough assessment of FWRG stock, go to TipRanks' Stock Analysis page Immunic Reports Q3 Earnings and Provides Corporate Update Icahn to Boost Stake in CVR Energy to 81% by Cutting IEP's Dividend Amazon Considers Additional Multi-Billion Dollar Investment in Anthropic Show less Read more
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