First Watch Restaurant Group, Inc.
FWRGFirst Watch is a leading daytime dining restaurant concept that specializes in made-to-order breakfast, brunch, and lunch.
Earnings
Next report
Aug 4, 2026 (In 6 days)Revenue estimate$351.6M
EPS estimate$0.06
Valuation & ratios
Segments
Competitors
By market cap
By revenue growth
BH
Biglari Holdings Inc.+8.2%
By net margin
Profile
First Watch is a leading daytime dining restaurant concept that specializes in made-to-order breakfast, brunch, and lunch. The company differentiates itself through a 'No Night Shifts Ever' operating model and a culinary philosophy focused on fresh, seasonal ingredients without the use of microwaves or deep fryers.
Competitive position
A pioneer in the 'Daytime Dining' segment with a unique labor model and a focus on high-volume operations within a limited 7.5-hour daily window.
GeographiesUnited States
Customer segmentsB2C, Mass market
Business modelBrick-and-mortar retail, Franchising, Owner-operator
SuppliersAgricultural producers, Coffee bean farmers, Food distributors, Real estate developers
CustomersRetail diners, Local communities, Franchise partners
CountryUnited States of America
Listed2021
Employees14.0K
CEOChristopher A. Tomasso
SectorConsumer Cyclical
IndustryRestaurants
Websiteinvestors.firstwatch.com
FilingsSEC EDGAR
Questions, answered.
- What is First Watch Restaurant Group, Inc.'s market cap?
- First Watch Restaurant Group, Inc. (FWRG) has a market capitalization of $794.3M and trades on NASDAQ.
- What is First Watch Restaurant Group, Inc.'s revenue and profitability?
- First Watch Restaurant Group, Inc. generated $1.3B in trailing twelve-month revenue with net income of $17.6M, representing a net margin of 1.4%, with free cash flow of -$31.3M. These figures are based on the Q1 2026 filing.
- Who are First Watch Restaurant Group, Inc.'s competitors?
- First Watch Restaurant Group, Inc.'s key competitors include Cracker Barrel Old Country Store, Dine Brands Global, Biglari Holdings Inc. Class B Common Stock, and others. These companies compete in similar markets and product categories.
- Who does First Watch Restaurant Group, Inc. partner with?
- First Watch Restaurant Group, Inc.'s notable partners include V Foundation, Best Practice Institute, Yelp, and others.
- Where is First Watch Restaurant Group, Inc. headquartered?
- First Watch Restaurant Group, Inc. is headquartered in United States of America and employs approximately 14,000 people. It has been publicly traded since 2021.
