First Watch Restaurant Group, Inc. (FWRG) Misses Q2 EPS by 3c, Beats on Revenue

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Go back to First Watch Restaurant Group, Inc. (FWRG) Misses Q2 EPS by 3c, Beats on Revenue

First Watch Restaurant Group, Inc. Reports Q2 2025 Financial Results and Reaches 600th System-Wide Restaurant Milestone

August 5, 2025 7:00 AM EDT

Total revenues increased 19.1%
Net income of $2.1 million and Adjusted EBITDA of $30.4 million
17 new system-wide restaurants opened in 8 states
Raising 2025 Adjusted EBITDA guidance

BRADENTON, Fla., Aug. 05, 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 financial results for the thirteen weeks ended June 29, 2025 (Q2 2025).

"We delivered both positive same restaurant traffic growth and same restaurant sales growth in the second quarter,... More