First Watch Restaurant Group, Inc. (FWRG)

First Watch operates a U.S. daytime restaurant chain focused exclusively on breakfast, brunch, and lunch—typically closing mid-afternoon rather than serving dinner. The brand emphasizes made-to-order dishes, fresh ingredients, and a casual “You First” hospitality style. Its footprint centers on suburban and neighborhood locations that draw families and weekday diners seeking a daytime-only casual dining experience.

Market
Nasdaq
Sector
Consumer Cyclical
Trend
Strong downtrend
Last close
12.05 (+2.99% on the day)
MA50
12.55
MA200
13.49
52-week range
10.11–18.66
Market cap
782.5M USD
P/E
45.29
Dividend yield
0%
Data as of
2026-09-04
Quarterly revenue and earnings, millions
QuarterRevenueYoY %EarningsYoY %
Q1 2025282.2-0.8-109.9%
Q2 2025307.92.1-81.3%
Q3 20253163-1%
Q4 2025316.415.2400.7%
Q1 202633117.3%-2.7
Q2 2026354.715.2%2.311.1%

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