First Watch Restaurant Group, Inc. (FWRG) Tops Q2 EPS by 1c

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Go back to First Watch Restaurant Group, Inc. (FWRG) Tops Q2 EPS by 1c

First Watch Restaurant Group, Inc. Reports Strong Q2 2022 Financial Results and Raises Full Year Guidance

August 9, 2022 7:00 AM EDT

Same-restaurant sales growth of 13.4% driven by same-restaurant traffic growth of 8.1%Income from operations margin of 2.8% and restaurant level operating profit margin of 18.2%9 system-wide restaurants opened across 7 states

BRADENTON, FL, Aug. 09, 2022 (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 financial results for the thirteen weeks ended June 26, 2022 (Q2 2022) and raised its fiscal year 2022 guidance.

Our second quarter performance reaffirms First... More