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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
Earnings Data
Report Date
Mar 10, 2026After Close (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
0.08Last Year’s EPS
0.01Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial growth, successful new restaurant openings, and operational efficiency. Employee satisfaction and marketing efforts were also notable positives. However, the company faces challenges with commodity and labor cost pressures and a high income tax rate.Company Guidance
Strong Financial Results
Total revenue increased 25.6% compared to the third quarter of last year, driven by new restaurant openings, positive same-restaurant sales of 7.1%, and strategic franchise acquisitions.
Record-Setting New Restaurant Openings
21 system-wide restaurants opened, with 9 out of 10 highest opening week sales in company history achieved in the past 12 months. Notably, the Dover, Delaware location exceeded 185% of the comp base average.
Operational Efficiency and Profitability
Restaurant-level operating profit margin improved to 19.7%, an 80 basis point improvement from last year. Adjusted EBITDA increased by $8.5 million reaching $34.1 million.
Employee Satisfaction and Recognition
First Watch was named America's #1 Most Loved Workplace by the Best Practice Institute for 2025, marking the second consecutive year of this recognition.
Positive Marketing and Digital Platform Impact
Enhanced marketing investments led to increased brand awareness and engagement, with a 5-star rated new app and a targeted digital campaign doubling response rate and engagement.
FWRG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FWRG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 04, 2025 | $15.85 | $17.60 | +11.04% |
Aug 05, 2025 | $17.24 | $17.85 | +3.54% |
May 06, 2025 | $18.61 | $15.33 | -17.62% |
Mar 11, 2025 | $18.10 | $16.83 | -7.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does First Watch Restaurant Group (FWRG) report earnings?
First Watch Restaurant Group (FWRG) is schdueled to report earning on Mar 10, 2026, After Close (Confirmed).
What is First Watch Restaurant Group (FWRG) earnings time?
First Watch Restaurant Group (FWRG) earnings time is at Mar 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FWRG EPS forecast?
FWRG EPS forecast for the fiscal quarter 2025 (Q4) is 0.08.