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First Watch Restaurant Group Inc (NASDAQ: FWRG) |
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Price: $12.0500
$0.35 
2.991%
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| Day's High:
| $12.399999618530273
| Week Perf:
| -4.97 %
|
| Day's Low: |
$ 11.70 |
30 Day Perf: |
-3.21 % |
| Volume (M): |
1,031,328 |
52 Wk High: |
$ 18.82 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$14.17 |
| Open: |
$11.80 |
52 Wk Low: |
$9.97 |
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| Market Capitalization (Millions $) |
751 |
| Shares
Outstanding (Millions) |
62 |
| Employees |
17,500 |
| Revenues (TTM) (Millions $) |
1,318 |
| Net Income (TTM) (Millions $) |
18 |
| Cash Flow (TTM) (Millions $) |
4 |
| Capital Exp. (TTM) (Millions $) |
150 |
Business Description
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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| Stock Performances by Major Competitors |
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| Product Service News
Published Mon, Apr 28 2025 8:55 PM UTC
First Watch Restaurant Group, a notable player in the daytime restaurant segment, has recently undertaken strategic measures to further solidify its position in the industry. The acquisition of 16 franchise restaurants in North and South Carolina represents a significant milestone for the company, marking its second-largest franchisee deal to date. Concurrently, First Watch ...
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| Shares
Published Tue, Nov 12 2024 11:07 AM UTC
First Watch Restaurant Group: A Pioneering Move in Daytime Dining and Strategic ExpansionIn a decisive move emblematic of strategic growth and adept market positioning, First Watch Restaurant Group, Inc. has announced a significant shift in its financial landscape. The Bradenton, Florida-based company, renowned for its unique daytime dining model serving breakfast, brunch, a...
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| Financing Agreement
Published Tue, Nov 12 2024 2:27 PM UTC
In recent developments within the fast-casual dining industry, First Watch Restaurant Group, Inc. (NASDAQ: FWRG), a leader in daytime dining, has showcased its dexterity in adapting to dynamic market conditions while pursuing aggressive growth strategies. The company’s actions over the last few weeks highlight a proactive approach towards both capital management and market...
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| Merger and Acquisition
Published Mon, Nov 11 2024 12:00 PM UTC
First Watch’s Strategic Acquisition Bolsters Presence in the Carolinas: A Dual Response to Growth and Resilience IntroductionIn a significant strategic move, First Watch Restaurant Group Inc. (NASDAQ: FWRG) has announced an acquisition that marks the second largest franchisee deal in the company’s history. This transaction includes development rights throughout North an...
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| Announcement
Published Mon, Oct 14 2024 12:30 PM UTC
In a recent announcement, First Watch Restaurant Group, Inc. (NASDAQ: FWRG) provided a comprehensive update regarding the status of its restaurants in the wake of Hurricane Milton, which touched down in the southeastern United States last week. Based in Bradenton, Florida, the company is well-acquainted with the challenges posed by severe weather events, and its proactive st...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
0.29 $ |
| Revenues (TTM) |
21.16 $
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| Cash Flow (TTM) |
0.07 $ |
| Cash |
0.33 $
|
| Book Value |
10.18 $
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| Dividend (TTM) |
0 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
75,315 |
| Net
Income per Employee (TTM) |
1,018 |
| Receivable Turnover Ratio (TTM) |
209.13 |
| Inventory Turnover Ratio (TTM) |
32.68 |
| Asset Turnover Ratio (TTM) |
0.75 |
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| Per Share |
|
| Earnings (TTM) |
0.29 $
|
| Revenues (TTM) |
21.16 $ |
| Cash Flow (TTM) |
0.07 $ |
| Cash |
0.33 $
|
| Book Value |
10.18 $ |
| Dividend (TTM) |
0 $ |
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| Franchisor Owned Outlet |
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 191.62 % |
of total Revenue |
| Franchise |
|
1.69 % |
of total Revenue |
| In-restaurant dining sales |
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155.08 % |
of total Revenue |
| Third-party delivery sales |
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22.85 % |
of total Revenue |
| Take-out sales |
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13.7 % |
of total Revenue |
| Royalty and system fund contributions |
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1.65 % |
of total Revenue |
| Initial fees |
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0.04 % |
of total Revenue |
| Reportable |
|
193.31 % |
of total Revenue |
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On March 5 2024 the First Watch Restaurant Group Inc provided following guidance
First Watch Restaurant Group, Inc. has recently announced its strong financial performance for the fiscal year 2023 and provided insights into its outlook for the fiscal year 2024. The company, known for its popular Daytime Dining concept offering breakfast, brunch, and lunch, reported its financial results for the fourteen-week period ending December 31, 2023 (Q4 2023) and the 53-week fiscal year ending December 31, 2023 (2023). A comparison was made with the thirteen-week period ending December 25, 2022 (Q4 2022) and the 52-week fiscal year ending December 25, 2022 (2022).
Looking ahead, First Watch Restaurant Group, Inc. shared its projections for the 52-week fiscal year that will end on December 2...
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0.01%