Shareholders at First Watch (NASDAQ: FWRG) back board, pay and PwC
First Watch Restaurant Group (NASDAQ: FWRG) stockholders overwhelmingly supported the company's proposals at their Annual Meeting on May 20, 2026. They re-elected three Class II directors, approved executive compensation on an advisory basis, voted for an annual frequency for future executive compensation votes, and ratified PricewaterhouseCoopers LLP as their independent registered public accounting firm. These decisions indicate strong shareholder confidence in the current leadership, compensation practices, and audit oversight.
Stephens Investment Management Group LLC Acquires 434,987 Shares of First Watch Restaurant Group, Inc. $FWRG
Stephens Investment Management Group LLC significantly increased its stake in First Watch Restaurant Group (NASDAQ:FWRG) by 46.7% in Q4, adding 434,987 shares to total 1,367,051 shares valued at approximately $20.6 million. Despite a consensus "Moderate Buy" rating from Wall Street analysts with an average price target of $19.25, the company's Q4 EPS of -$0.04 missed expectations, though revenue grew 17.3% year-over-year to $330.96 million. The stock is currently trading near $11.23, considerably below its 12-month high of $19.53, with recent insider sales also noted.
Vanguard Group Inc. Buys 432,634 Shares of First Watch Restaurant Group, Inc. $FWRG
Vanguard Group Inc. increased its stake in First Watch Restaurant Group, Inc. (NASDAQ:FWRG) by 15% in Q4, acquiring an additional 432,634 shares to bring its total holdings to 3.32 million shares valued at approximately $50.1 million. Despite this increase, First Watch shares are trading well below their 52-week high, and the company recently reported mixed quarterly results with revenue up but EPS missing analyst expectations. Insider selling has also been noted, while analysts offer a "Moderate Buy" consensus rating with an average price target of $19.25.
First Watch Restaurant Group (FWRG) Stock Price, News & Analysis
First Watch Restaurant Group (FWRG) operates a specialty daytime dining concept focusing on breakfast, brunch, and lunch, with its stock currently trading at $11.23. Analysts have given FWRG a consensus "Moderate Buy" rating, with a price target of $19.25, suggesting a 71.4% upside. The company's earnings are expected to grow by 35% in the coming year, although its P/E ratio is higher than both the market and sector averages, and insider selling has recently outweighed buying.
First Watch Restaurant stock (US32156R1059): Casual dining chain navigates earnings volatility
First Watch Restaurant Group (FWRG) reported Q2 2025 earnings that missed EPS estimates but exceeded revenue forecasts, leading to a 5% stock decline on May 13, 2026. The company faces profitability challenges due to labor and commodity costs, though it projects future earnings growth and expects $1.2 billion in revenue for full-year 2025. Investors are advised to monitor future results for bottom-line improvements amidst the mixed performance.
Number of shareholders of First Watch Restaurant Group, Inc. – NASDAQ:FWRG
This article provides information regarding the number of shareholders for First Watch Restaurant Group, Inc. (NASDAQ: FWRG). It notes that the market is closed and offers navigation to various financial and community data points related to the company on TradingView. The page primarily serves as a data portal, indicating a focus on financial information rather than a detailed news report.
(FWRG) Movement Within Algorithmic Entry Frameworks
This article analyzes First Watch Restaurant Group Inc. (FWRG) using algorithmic entry frameworks. It highlights weak sentiment across all horizons, supporting a short bias, and presents institutional trading strategies for different risk profiles, including position, momentum, and risk hedging strategies. The analysis also details support and resistance signals across near-term, mid-term, and long-term time horizons.
First Watch Restaurant Group's (NASDAQ:FWRG) Earnings Are Weaker Than They Seem
First Watch Restaurant Group's recent earnings report, despite appearing robust, is weaker than it seems due to unusual items and a one-off tax benefit. The company's statutory profit was reduced by US$5.7m from unusual items but boosted by a US$7.3m tax benefit, both of which are likely non-recurring. This suggests that future profits might not reflect the same level without strong underlying growth.
First Watch Restaurant Group's (NASDAQ:FWRG) Earnings Are Weaker Than They Seem
First Watch Restaurant Group's recent earnings report, despite appearing robust, is weaker than it seems due to unusual items and a tax benefit. The company had a US$5.7 million reduction from unusual expenses but also received a US$7.3 million tax benefit, which may not be sustainable. These one-off factors suggest that the reported statutory profit might not accurately reflect the company's underlying potential for future profitability.
First Watch gains after backing its full-year revenue guidance
The provided content is empty, so a summary cannot be generated. This article likely discusses First Watch's financial performance and future revenue projections, leading to an increase in its stock value.
First Watch Restaurant Group, Inc. 2026 Q1 - Results - Earnings Call Presentation
First Watch Restaurant Group, Inc. (FWRG) released its Q1 2026 earnings, reporting an EPS of -$0.02, which beat estimates by $0.01. The company's revenue for the quarter was $330.96 million, marking a 17.26% year-over-year increase and exceeding expectations by $1.61 million. This article presents the slide deck published by First Watch in conjunction with their earnings call.
First Watch Restaurant Group, Inc. (FWRG) reports Q1 loss, beats revenue estimates
This article reports that First Watch Restaurant Group, Inc. (FWRG) experienced a Q1 loss but exceeded revenue estimates. This suggests a mixed financial performance, with sales higher than anticipated despite a net loss for the quarter.
Breakfast chain First Watch adds 16 restaurants as sales climb 17%
First Watch (NASDAQ: FWRG) reported strong Q1 2026 financial results, with total revenues increasing by 17.3% to $331.0 million and system-wide sales growing by 13.8% to $367.6 million. The company opened 16 new restaurants, bringing its total to 648 system-wide locations, and updated its full-year 2026 adjusted EBITDA guidance while reiterating revenue and same-restaurant sales growth targets. Despite a net loss of $(2.7) million and a 2.0% decline in same-restaurant traffic, the company achieved increased adjusted EBITDA and restaurant-level operating margin.
First Watch Raises 2026 EBITDA Outlook Amid Strong Growth
First Watch Restaurant Group (FWRG) reported strong Q1 2026 results with revenues up 17.3% to $331.0 million and Adjusted EBITDA rising to $27.8 million, despite a wider net loss. The company reaffirmed its 2026 sales guidance and increased its full-year Adjusted EBITDA outlook, driven by rapid unit growth and margin expansion. While TipRanks' AI Analyst Spark rates FWRG as Neutral due to mixed financial performance and demanding valuation, the company remains confident in its growth strategy, expecting 12% to 14% revenue growth and 59 to 63 new restaurants in fiscal 2026.
FWRG: Revenue up 17.3% and Adjusted EBITDA up, but net loss widened; guidance raised for 2026
First Watch Restaurant Group (FWRG) reported a 17.3% revenue growth and a 2.8% increase in same-restaurant sales for Q1 2026. Despite an increase in Adjusted EBITDA to $27.8 million, the company's net loss widened to $(2.7) million. FWRG also raised its full-year guidance and opened 16 new restaurants during the quarter.
First Watch (NASDAQ: FWRG) Q1 2026 sales rise 17% as EBITDA grows
First Watch Restaurant Group (NASDAQ: FWRG) reported a 17.3% increase in Q1 2026 total revenues to $331.0 million and a 13.8% rise in system-wide sales. Despite a net loss of $(2.7) million, the company saw Adjusted EBITDA grow to $27.8 million and restaurant-level operating profit margin expand to 18.5%. First Watch reaffirmed its fiscal 2026 guidance for same-restaurant sales growth of 1%-3% and total revenue growth of 12%-14%, and updated its Adjusted EBITDA outlook to $133-$140 million.
First Watch Restaurant Group, Inc. (FWRG) Misses Q1 EPS by 1c, updates outlook
First Watch Restaurant Group (FWRG) reported Q1 EPS of ($0.04), missing analyst estimates by 1 cent, and revenue of $331 million, exceeding consensus. The company updated its fiscal year 2026 adjusted EBITDA guidance to $133 million to $140 million while reiterating other metrics like same-restaurant sales growth and total revenue growth.
First Watch Restaurant Group, Inc. Reports Q1 2026 Financial Results
First Watch Restaurant Group (NASDAQ: FWRG) reported its Q1 2026 financial results, showcasing a 2.8% increase in same-restaurant sales and a 17.3% rise in total revenues to $331.0 million. Despite a net loss of $(2.7) million, the company achieved an Adjusted EBITDA of $27.8 million and opened 16 new system-wide restaurants. First Watch also reaffirmed its full-year top-line growth outlook and raised the low end of its adjusted EBITDA guidance.
Earnings Flash (FWRG) First Watch Restaurant Group, Inc. Reports Q1 Revenue $331.0M, vs. FactSet Est of $329.4M
First Watch Restaurant Group, Inc. (FWRG) reported Q1 revenue of $331.0 million, surpassing FactSet's estimate of $329.4 million. The company also announced a fiscal Q1 net loss of $0.04 per share, matching FactSet's expectations. These results were published on May 5, 2026, and contributed to a rise in First Watch Restaurant shares.
How (FWRG) Movements Inform Risk Allocation Models
The article analyzes First Watch Restaurant Group Inc. (FWRG) using AI models, indicating weak near-term sentiment within a broader long-term weak bias, despite mid-term strength. It highlights a significant 59.0:1 risk-reward short setup targeting a 17.1% downside with minimal risk. Three distinct trading strategies are provided for various risk profiles, including position trading, momentum breakout, and risk hedging.
DA Davidson reiterates First Watch stock rating on growth potential By Investing.com
DA Davidson has reiterated a Buy rating and a $17.00 price target for First Watch Restaurant Group Inc. (NASDAQ:FWRG), citing a nearly 30% upside potential despite a recent 26% stock decline over six months. The firm projects modest top and bottom-line growth for Q1 fiscal 2026 and anticipates continued 10% annual unit growth long-term, highlighting the stock's value at 8.6 times its fiscal 2026 EBITDA estimate, despite a current high earnings multiple. This positive outlook is supported by recent Q4 earnings surpassing expectations and a strategic restructuring within First Watch's operations leadership.
First Watch Restaurant Group (NASDAQ:FWRG) Given "Buy" Rating at DA Davidson
DA Davidson reissued a "Buy" rating for First Watch Restaurant Group (FWRG) with a $17.00 price target, suggesting a 29.7% upside. The company recently exceeded quarterly EPS expectations, reporting $0.24 against an $0.08 estimate, though revenue of $316.35 million was slightly below consensus but showed a 20.2% year-over-year increase. Despite recent insider selling, institutional ownership remains high at 96.11%, and the stock holds a "Moderate Buy" consensus rating from analysts with an average price target of $19.58.
First Watch Restaurant Group (FWRG) Expected to Announce Quarterly Earnings on Tuesday
First Watch Restaurant Group (NASDAQ:FWRG) is expected to release its Q1 2026 earnings before market open on Tuesday, May 5th, with analysts forecasting an EPS of ($0.03) and revenue of $329.43 million. In the previous quarter, the company surpassed EPS estimates, reporting $0.24 versus $0.08, and saw a 20.2% year-over-year revenue increase. FWRG currently holds a "Moderate Buy" consensus rating with a target price of $19.58, despite recent insider share sales.
DA Davidson reiterates First Watch stock rating on growth potential By Investing.com
DA Davidson has reiterated a Buy rating and a $17.00 price target for First Watch Restaurant Group Inc. (NASDAQ:FWRG), citing a nearly 30% upside potential from its current trading price. Despite a 26% decline in the past six months, the firm anticipates modest top and bottom-line growth for Q1 2026 and expects the company to achieve 10% annual unit growth long-term. The analyst's confidence is supported by the stock's valuation at 8.6 times its fiscal 2026 EBITDA estimate, which is considered low for a company with positive comparable sales and geographic portability.
BlackRock (FWRG) discloses 6.5% ownership, 3.95M shares
BlackRock, Inc. has filed a Schedule 13G/A, disclosing a beneficial ownership of 3,951,009 shares in First Watch Restaurant Group, Inc. (FWRG), which represents 6.5% of the class. The filing indicates BlackRock holds sole voting power over 3,867,257 shares and sole dispositive power over all 3,951,009 shares. This amended filing states the position is passive, with no intent to influence control.
Advent International to sell 5M shares of First Watch in secondary offering
This article states that Advent International plans to sell 5 million shares of First Watch through a secondary offering. No additional details are available.
Advent International to sell 5M shares of First Watch in secondary offering
Advent International plans to sell 5 million shares of First Watch Restaurant Group in a secondary offering. This move by the private equity firm will reduce its stake in the restaurant chain. The market will be watching the pricing and impact on First Watch's stock closely.
First Watch posts earnings May 5; webcast starts at 8 a.m. ET
First Watch Restaurant Group (NASDAQ: FWRG) announced it will release its first quarter 2026 financial results on Tuesday, May 5, 2026, before market open. A conference call and webcast hosted by CEO Chris Tomasso and CFO Mel Hope will follow at 8:00 AM ET. Investors can join the call via dial-in, pre-registration link, or live webcast, which will be archived for later access.
First Watch Restaurant Group, Inc. to Report First Quarter 2026 Financial Results on May 5, 2026
First Watch Restaurant Group, Inc. (NASDAQ: FWRG) announced it will release its first quarter 2026 financial results on Tuesday, May 5, 2026, before the market opens. A conference call and webcast hosted by CEO Chris Tomasso and CFO Mel Hope will follow at 8:00 AM ET on the same day. Interested parties can access the call via dial-in, pre-registration link, or webcast for details on the company's performance.
Insiders Sold US$4.6m Of First Watch Restaurant Group Stock Possibly Sending Warning Sign
Over the last year, First Watch Restaurant Group (NASDAQ:FWRG) insiders sold US$4.6 million worth of stock at an average price of US$15.70, which is higher than the current price of US$12.86. Despite a recent 16% stock jump, these insider sales, including a US$1.8 million sale by the CEO, suggest that holding the stock may not have been the best decision for them. The analysis indicates significant insider selling in the past three months and a cautious outlook due to low insider ownership and a lack of recent insider buying activity.
Insiders Sold US$4.6m Of First Watch Restaurant Group Stock Possibly Sending Warning Sign
Insiders at First Watch Restaurant Group (FWRG) have sold US$4.6 million worth of stock over the past year, with the CEO selling US$1.8 million at a price higher than the current share price. In the last three months alone, US$1.4 million worth of shares were sold and no purchases were recorded, suggesting a potential lack of confidence in the current share price among insiders. Despite the company's growing profits, the low insider ownership of 1.4% and recent selling activity lead to caution about the company's stock.
First Watch Restaurant Group (Nasdaq:FWRG) - Stock Analysis
First Watch Restaurant Group (FWRG) is currently analyzed, with its stock reported as 34.1% undervalued by analysts, who project a 52.3% price increase. The company shows strong past earnings growth of 57.2% per year and an estimated future growth of 11.05% annually. Key drivers for future success include rapid expansion in the Sun Belt, menu innovation, and digital investments, despite recent insider selling and impacts from one-off financial items.
Dimensional Fund Advisors (FWRG) reports 5.0% stake via advised funds
Dimensional Fund Advisors has reported a 5.0% beneficial ownership stake in First Watch Restaurant Group (FWRG) through funds it advises, as detailed in a recent SCHEDULE 13G SEC filing. This filing indicates control over 3,084,886 shares of common stock as of March 31, 2026, with specific details on sole voting and dispositive powers. Dimensional disclaims direct beneficial ownership, attributing the shares to the various investment funds it manages.
Strong growth and pay plans at First Watch (NASDAQ: FWRG) 2026 meeting
First Watch Restaurant Group, Inc. (FWRG) has announced its 2026 Annual Meeting, where shareholders will vote on director elections, executive compensation, and auditor ratification. The company reported robust financial performance for fiscal 2025, with significant increases in total revenues, same-restaurant sales, net income, and Adjusted EBITDA. Executive compensation plans for 2025 included merit-based salary raises, performance-based annual cash incentives tied to Adjusted EBITDA and net unit growth, and long-term equity awards, alongside special one-time RSU retention grants for the CEO and other key executives to ensure leadership continuity.
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Given Consensus Recommendation of "Moderate Buy" by Analysts
Analysts have given First Watch Restaurant Group, Inc. (NASDAQ:FWRG) a "Moderate Buy" consensus recommendation based on ratings from thirteen firms, with an average 12-month target price of $19.75. The company recently exceeded EPS estimates by $0.16, reporting $0.24 per share, and saw a 20.2% increase in quarterly revenue year-over-year, though revenue slightly missed analyst expectations. Insiders have sold 74,178 shares over the last 90 days, while institutional investors own a significant portion of the stock.
FMR LLC holds 1.995M shares in First Watch (NASDAQ: FWRG)
FMR LLC has filed an amended Schedule 13G/A, disclosing beneficial ownership of 1,995,121 shares, or 3.3%, of First Watch Restaurant Group Inc's common stock. The filing indicates a passive investment stance with sole dispositive power over all shares and substantial sole voting power. This update reflects FMR LLC's holdings as of the reporting period ending March 31, 2026.
First Watch Restaurant Group Inc (FWRG) Trading 5.92% Higher on Apr 6
First Watch Restaurant Group Inc (FWRG) saw its shares surge by 5.92% on April 6, reaching an intraday high of $11.40 before closing at $11.39. This places the stock significantly below its 52-week high but above its 52-week low. Analysts have an average target price of $19.50 for FWRG, implying a substantial upside from its current price, with a consensus "Outperform" recommendation.
FWRG Technical Analysis & Stock Price Forecast
This article provides a technical analysis and stock price forecast for First Watch Restaurant Group Inc (FWRG). As of April 1, 2026, the overall technical sentiment for FWRG is a "Strong Sell," based on a combination of moving averages and oscillator indicators. The stock is currently trading at $10.94, below its 20-day, 60-day, and 200-day simple moving averages, with key support at $10.009 and resistance at $12.553.
FWRG Financials: Revenue Breakdown, Margins & Competitor Comparison
This article provides a financial overview of First Watch Restaurant Group Inc (FWRG), detailing its revenue breakdown, profitability margins, and a comparison with competitors. FWRG maintains a gross margin of 55.72%, with an operating margin of 3.17% and a net margin of 4.79%. The company's financial health is benchmarked against industry leaders like BRCB and CBRL, highlighting its market capitalization and efficiency metrics.
[SCHEDULE 13G] First Watch Restaurant Group, Inc. Passive Investment Disclosure (>5%)
A Schedule 13G filing reveals that a group led by Millennium affiliates and Israel A. Englander holds shared voting and dispositive power over approximately 3.07 million shares of First Watch Restaurant Group, Inc. (FWRG). This represents 5.0% of the company's Common Stock. The filing, dated March 30, 2026, emphasizes that while the group has shared control, it does not necessarily claim direct beneficial ownership, with shares held by entities under Millennium's investment discretion.
(FWRG) and the Role of Price-Sensitive Allocations
This article provides an AI-generated analysis of First Watch Restaurant Group Inc. (NASDAQ: FWRG), indicating weak sentiment across all time horizons supporting a short bias. It outlines institutional trading strategies including position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis and support/resistance levels.
First Watch Restaurant Group (FWRG) price target decreased by 12.09% to 19.89
This article reports a 12.09% decrease in the price target for First Watch Restaurant Group (FWRG), bringing it down to $19.89. No further details about the reasons behind this adjustment or the analyst responsible are provided in the current text.
First Watch Restructures Operations After COO Departure
First Watch Restaurant Group (FWRG) has restructured its operations leadership following the termination of its Chief Operations Officer, Dan Jones, on March 27, 2026. This move centralizes operations leadership under the President and CEO. Analysts currently rate FWRG as a Hold with a $10.50 price target, while TipRanks' AI Analyst, Spark, assigns a Neutral score due to mixed financial quality and weak technicals, despite a positive earnings outlook.
According to the latest disclosure from the U.S. Securities and Exchange Commission (SEC), First Watch Restaurant Group, Inc., as part of the company's restructuring plan, officially terminated the position of Chief Operating Officer Dan Jones on March 27, 20
First Watch Restaurant Group, Inc. terminated Chief Operating Officer Dan Jones on March 27, 2026, as part of a restructuring plan, according to an SEC filing. This personnel change signals a potential shift in the company's strategic direction and an upgrade in operational efficiency within a competitive catering industry. SEC disclosure ensures transparency for investors regarding major corporate decisions.
First Watch Restaurant Group (FWRG) price target decreased by 12.09% to 19.89
This article reports that the price target for First Watch Restaurant Group (FWRG) has been decreased by 12.09%, bringing it down to $19.89. No further details are available in the provided content.
Vanguard disaggregates holdings; reporting entity shows 0 shares (FWRG)
The Vanguard Group has filed an amended Schedule 13G/A for First Watch Restaurant Group Inc (FWRG), reporting 0 shares beneficially owned and 0% of common stock. This change follows an internal realignment as of January 12, 2026, where certain Vanguard subsidiaries and business divisions will now report their ownership separately, in reliance on SEC Release No. 34-39538. Ashley Grim, Head of Global Fund Administration, signed the filing dated March 26, 2026, indicating that the reporting entity for The Vanguard Group no longer holds beneficial ownership over FWRG shares.
First Watch (NASDAQ: FWRG) ends COO role and shifts operations to CEO
First Watch Restaurant Group (FWRG) announced the termination of its Chief Operations Officer, Dan Jones, as part of a restructuring where operations leadership will now report directly to the President and CEO. This strategic shift consolidates operational oversight at the top executive level, signaling a potential change in managing day-to-day operations for the multi-unit restaurant business. The company thanked Mr. Jones for his contributions during a "transformational period," framing the move as structural rather than performance-related.
First Watch terminates COO Dan Jones amid operations leadership restructure
First Watch (FWRG) has terminated its Chief Operations Officer, Dan Jones, as part of an operations leadership restructuring that became effective on March 27, 2026. The company stated that operations leadership will now report directly to the President and Chief Executive Officer, and thanked Mr. Jones for his contributions. This information is based on an SEC filing.
Riverbridge Partners LLC Reduces Position in First Watch Restaurant Group, Inc. $FWRG
Riverbridge Partners LLC reduced its stake in First Watch Restaurant Group, Inc. (NASDAQ:FWRG) by 7.8% in Q4 2025, selling over 92,000 shares and now holding 1.09 million shares valued at $16.53 million. Despite this reduction, First Watch Restaurant Group reported strong Q4 earnings, beating EPS estimates, and analysts maintain a "Moderate Buy" rating with a consensus price target of $19.75. Insider selling has occurred recently, including transactions by the CEO, though institutional ownership remains high at 96.11%.
According to the latest disclosure from the U.S. Securities and Exchange Commission (SEC), First Watch Restaurant Group, Inc., as part of the company's restructuring plan, officially terminated the position of Chief Operating Officer Dan Jones on March 27, 20
First Watch Restaurant Group, Inc. terminated Chief Operating Officer Dan Jones on March 27, 2026, as part of a company restructuring plan. This executive change, disclosed by the SEC, indicates a potential shift in strategy or operational efficiency efforts for the catering group. The move is expected to introduce new management perspectives and business growth opportunities amid fierce industry competition.
