Market Capitalization (Millions $) |
1,165 |
Shares
Outstanding (Millions) |
62 |
Employees |
4,000 |
Revenues (TTM) (Millions $) |
997 |
Net Income (TTM) (Millions $) |
21 |
Cash Flow (TTM) (Millions $) |
11 |
Capital Exp. (TTM) (Millions $) |
119 |
First Watch Restaurant Group Inc
First Watch Restaurant Group Inc is a chain of breakfast, brunch, and lunch restaurants with over 400 locations in 29 states in the United States. It was founded in 1983 in Pacific Grove, California, by John Sullivan and Ken Pendery.
First Watch restaurants are typically open from 7 AM to 2:30 PM and serve traditional breakfast and brunch dishes like omelets, pancakes, waffles, eggs Benedict, and avocado toast, as well as sandwiches, salads, soups, and burgers. Many of the menu items are made with fresh, locally-sourced ingredients, and the restaurants offer vegetarian, gluten-free, and low-carb options.
The company also prioritizes the health and well-being of its customers, with a focus on offering nutritious options and accommodating special dietary needs. First Watch was one of the first restaurant chains to introduce cage-free eggs and has also eliminated the use of artificial flavors, preservatives, and sweeteners in its dishes.
In addition to its commitment to quality food and service, First Watch is also known for its community involvement and charitable contributions. Its philanthropic efforts include supporting local organizations, like Feeding America and No Kid Hungry, as well as offering education and mentorship programs for aspiring chefs and restaurant professionals.
First Watch has received numerous accolades over the years, including being named the No. 1 Consumer Pick for Family Dining by Nation's Restaurant News in 2018 and one of the Top 10 Fastest-Growing Chains by Restaurant Business Magazine in 2019.
In 2021, First Watch went public, with an initial public offering that valued the company at $1.2 billion. Despite the challenges of the COVID-19 pandemic, the company has continued to expand its operations, opening new locations and investing in technology to enhance the guest experience.
Company Address: 8725 Pendery Place Bradenton 34201 FL
Company Phone Number: 907-9800 Stock Exchange / Ticker: NASDAQ FWRG
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