First Watch reported strong 2025 performance with 64 new restaurant openings across 23 states, same-restaurant sales growth of +3.6%, and positive same-restaurant traffic growth of +0.5%. The company ended the year with 633 system-wide restaurants across 32 states and expressed confidence in its long-term strategy and 2026 pipeline.

Advent International sold $153 million worth of First Watch Restaurant Group stock, reducing its stake from 7.64% to 1.67% of its portfolio, while the restaurant chain continues to show promising growth metrics.

First Watch Restaurant Group opened its first Nevada restaurant in North Las Vegas, featuring chef-driven breakfast, brunch, and lunch options. The 4,400 square foot location celebrates its grand opening with local community events and offers fresh, made-to-order meals.

Big Bad Breakfast (BBB) has hired restaurant industry veteran Paul Hineman as Strategic Growth Advisor to support the company's expansion strategy, with plans to open new locations including their first restaurant in Atlanta.

First Watch Restaurant Group, Inc. (FWRG) has acquired three of its franchise-owned restaurants and corresponding development rights in Missouri, as part of its long-term growth and value creation strategy.

First Watch Restaurant Group is celebrating World Kindness Day by giving away over 15,000 cinnamon rolls to customers, encouraging them to perform acts of kindness by sharing the treats with others.

First Watch Restaurant Group, Inc. reported a 14.8% increase in total revenues and 18% growth in Adjusted EBITDA to $25.6 million in Q3 2024. However, the company experienced a decline in same-restaurant sales and traffic, and net income decreased compared to the prior year quarter.

First Watch, a leading Daytime Dining restaurant, has been named the #1 Most Loved Workplace in America for the third consecutive year, demonstrating the company's focus on its 'You First' culture for its over 14,000 employees.

First Watch Restaurant Group, Inc. announced the appointment of Charles Jemley and Michael Fleisher to its Board of Directors, bringing extensive financial management expertise to the company as it continues to scale the First Watch brand.

In the latest quarter, 7 analysts provided ratings for First Watch Restaurant Gr (NASDAQ:FWRG), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 6 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 1 1 0 0 3M Ago 0 0 3 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $24.14, with a high estimate of $27.00 and a low estimate of $18.00. This current average has decreased by 5.33% from the previous average price target of $25.50. Diving into Analyst Ratings: An In-Depth Exploration The perception of First Watch Restaurant Gr by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Chris O'Cull Stifel Lowers Hold $18.00 $22.00 Andrew Charles TD Cowen Lowers Hold $21.00 $25.00 Andrew Charles TD Cowen Lowers Hold $25.00 $26.00 Jeffrey Bernstein Barclays Lowers Overweight $27.00 $29.00 Andrew Charles TD Cowen Maintains Hold $26.00 - Andrew Charles TD Cowen Maintains Hold $26.00 - Andrew Charles TD Cowen Maintains Hold $26.00 - Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' ...Full story available on Benzinga.com

During the last three months, 6 analysts shared their evaluations of First Watch Restaurant Gr (NASDAQ:FWRG), revealing diverse outlooks from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 5 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 1 0 0 3M Ago 0 0 3 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $25.17, a high estimate of $27.00, and a low estimate of $21.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 5.62%. Exploring Analyst Ratings: An In-Depth Overview The standing of First Watch Restaurant Gr among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Andrew Charles TD Cowen Lowers Hold $21.00 $25.00 Andrew Charles TD Cowen Lowers Hold $25.00 $26.00 Jeffrey Bernstein Barclays Lowers Overweight $27.00 $29.00 Andrew Charles TD Cowen Maintains Hold $26.00 - Andrew Charles TD Cowen Maintains Hold $26.00 - Andrew Charles TD Cowen Maintains Hold $26.00 - Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Watch Restaurant Gr. This information offers ...Full story available on Benzinga.com

BRADENTON, Fla., May 22, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced it will participate in two June investor conferences: