First Watch Restaurant (FWRG) Reports Prelim Q4 Results

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First Watch Restaurant Group, Inc. Reports Preliminary Operational Metrics for the Fourth Quarter and Fiscal Year 2024

January 13, 2025 7:00 AM EST

BRADENTON, Fla., Jan. 13, 2025 (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 reported certain preliminary operational metrics for the thirteen weeks ended December 29, 2024 (fourth quarter) and fiscal year ended December 29, 2024 (2024).

We delivered on our fourth quarter target of 25 new restaurant openings, including 23 Company-owned sites. Furthermore, fourth quarter same restaurant sales and traffic growth were at the upper end of our expected range, said Chris... More