First Watch Reports Q1 2025 Revenue Growth

First Watch Restaurant Group ( (FWRG) ) has shared an announcement.

First Watch Restaurant Group reported a 16.4% increase in total revenues for Q1 2025, despite a net loss of $0.8 million. The company opened 13 new restaurants across 10 states, bringing the total to 584 system-wide locations. Same-restaurant sales grew by 0.7%, although traffic slightly declined by 0.7%. The company updated its fiscal year 2025 guidance, projecting adjusted EBITDA between $114 million and $119 million, with plans to open 59 to 64 new restaurants. Despite macroeconomic uncertainties, First Watch remains optimistic about its growth and development pipeline.

Spark’s Take on FWRG Stock

According to Spark, TipRanks’ AI Analyst, FWRG is a Neutral.

First Watch Restaurant Group demonstrates impressive revenue growth and a robust expansion strategy, contributing positively to its stock score. The company’s strong financial performance is somewhat offset by cash flow challenges and operational efficiency needs. Technical indicators suggest cautious optimism, while the high P/E ratio points to overvaluation concerns. Despite inflationary pressures and a decline in same-restaurant sales, the earnings call projects a positive outlook, supporting the overall evaluation.

To see Spark’s full report on FWRG stock, click here.

More about First Watch Restaurant Group

First Watch Restaurant Group is a leading Daytime Dining concept specializing in made-to-order breakfast, brunch, and lunch using fresh ingredients. The company operates over 580 restaurants across 31 states and has received numerous accolades for its menu and dining experience.

YTD Price Performance: -0.96%

Average Trading Volume: 785,732

Technical Sentiment Signal: Sell

Current Market Cap: $1.13B

Find detailed analytics on FWRG stock on TipRanks’ Stock Analysis page.