Welcome to our dedicated page for First Watch Restaurant Group news (Ticker: FWRG), a resource for investors and traders seeking the latest updates and insights on First Watch Restaurant Group stock.
First Watch Restaurant Group, Inc. (NASDAQ: FWRG) is a full-service restaurant company behind First Watch, a daytime dining brand focused on made-to-order breakfast, brunch and lunch. News about FWRG often centers on its restaurant expansion, operating performance and participation in investor events, reflecting its role as a publicly traded company in the full-service restaurant industry.
Company press releases highlight ongoing development of the First Watch system, including new openings across multiple states and entries into new markets such as North Las Vegas and Boston’s Back Bay. These announcements frequently describe new restaurant features, local community partnerships and grand opening celebrations, providing insight into how the brand introduces its concept in different regions.
Investors following FWRG news will also see regular updates on quarterly and annual performance. The company issues releases on financial results, same-restaurant sales growth, same-restaurant traffic growth and system-wide restaurant counts. It explains key operating metrics such as system-wide restaurants, system-wide sales, same-restaurant sales growth and same-restaurant traffic growth, as well as non-GAAP measures like Adjusted EBITDA and restaurant level operating profit.
Additional news items cover First Watch’s participation in investor conferences, secondary offerings by selling shareholders and changes in corporate governance, such as board appointments. These updates give context on how the company engages with the capital markets and institutional investors.
For readers tracking FWRG, this news stream offers a view into restaurant openings, brand expansion, operating trends and corporate actions related to First Watch’s daytime dining concept and its multi-state restaurant system.
First Watch Restaurant Group (NASDAQ: FWRG) reported preliminary operational metrics for the 13 weeks and fiscal year ended December 28, 2025. Key highlights include 64 system-wide new restaurant openings in 2025 (55 company-owned, 9 franchise), 13 openings in Q4 (12 company, 1 franchise), and 633 total restaurants at year-end (560 company-owned, 73 franchise) across 32 states. The company reported same-restaurant sales growth of +3.6% for fiscal 2025 with positive same-restaurant traffic growth; Q4 same-restaurant sales and traffic showed mixed results. Management will present at the ICR Conference on January 12, 2026.
First Watch (NYSE:FWRG) opened a new Boylston Street restaurant in Back Bay, Boston on January 7, 2026 at 777 Boylston St. The 3,100-square-foot location seats 130 guests, includes an outdoor patio, a full interior bar, a Back Bay mural and custom signage by local artist Blind Fox. To celebrate the opening, dine-in guests receive a free cup of Project Sunrise coffee Jan 7–9, 2026, and the team hosted a “first pour” ceremony with local representatives and community fundraising for The Jimmy Fund.
First Watch serves made-to-order breakfast, brunch and lunch daily from 7:00 a.m. to 2:30 p.m., highlights Project Sunrise coffee sourced from women farmers, and operates over 620 restaurants in 32 states.
First Watch Restaurant Group (Nasdaq: FWRG) said its CEO Chris Tomasso and CFO Mel Hope will host a fireside chat at the 28th Annual ICR Conference on January 12, 2026 at 11:00 a.m. ET.
The live session will be available on the company investor site at https://investors.firstwatch.com in the News & Events section and will be archived shortly after conclusion. Management also plans to hold meetings with institutional investors at the conference the same day.
First Watch Restaurant Group (NASDAQ: FWRG) announced on December 29, 2025 the appointment of Rachel Tipograph to its Board of Directors. Tipograph is described as an entrepreneur and technology executive with expertise in digital transformation, customer acquisition, and commerce analytics, including over 11 years as founder and CEO of MikMak and prior service as Global Head of Digital and Social Media at Gap from 2011–2014.
The company said Tipograph will support First Watch's scaling efforts and digital strategy. She joins current board members Ralph Alvarez, Irene Chang Britt, Michael Fleisher, Charles Jemley, William Kussell, Stephanie Lilak, Jostein Solheim and Chris Tomasso. For additional leadership details, visit the company's investor website.
First Watch Restaurant Group (Nasdaq: FWRG) will participate in two investor conferences in December 2025 in New York City.
The company will host a fireside chat and meet with institutional investors at the Barclays 11th Annual Eat, Sleep, Play, Shop Conference on Tuesday, December 2, 2025 at 12:00 PM EST, and at the Raymond James TMT & Consumer Conference on Tuesday, December 9, 2025 at 3:00 PM EST. Both fireside chats will be webcast live and archived in the News & Events section at https://investors.firstwatch.com.
First Watch (NASDAQ: FWRG) will participate at the Stephens Annual Investment Conference on November 18-19, 2025. The company will meet with institutional investors and host a fireside chat on Tuesday, November 18, 2025 at 10:00 AM ET in Nashville, Tenn.
The fireside chat will be webcast live and archived at https://investors.firstwatch.com in the News & Events section.
First Watch Restaurant Group (NASDAQ: FWRG) announced an underwritten secondary offering by funds managed by Advent International of 5,289,784 shares of common stock. The Selling Stockholders will receive all proceeds; the company is not selling shares and will not receive any proceeds. Citigroup is the sole underwriter and may sell shares from time to time on Nasdaq, OTC, or through negotiated transactions at prevailing or negotiated prices. The Offering is made under an effective shelf registration statement and will be detailed in a prospectus and prospectus supplement available via Citigroup or the SEC EDGAR site. No sale will occur where unlawful before required registrations or qualifications are obtained.
First Watch (NASDAQ: FWRG) reported Q3 2025 results for the thirteen weeks ended September 28, 2025. Total revenues rose 25.6% to $316.0M and system-wide sales increased 20.9% to $352.7M. Same-restaurant sales grew 7.1% with same-restaurant traffic up 2.6%. Net income was $3.0M or $0.05 per diluted share; Adjusted EBITDA was $34.1M. Restaurant-level operating profit margin improved to 19.7% and income from operations margin rose to 3.2%. The company opened 21 restaurants in Q3, bringing the system to 620 restaurants across 32 states. Fiscal 2025 guidance was updated to ~4% same-restaurant sales growth, 20.0%–21.0% total revenue growth, and ~$123M Adjusted EBITDA, with ~60–61 new system-wide restaurants planned.
First Watch Restaurant Group (NASDAQ: FWRG) will release its third quarter 2025 financial results on Tuesday, November 4, 2025 before the market opens. A conference call and webcast hosted by Chris Tomasso, CEO and President, and Mel Hope, CFO, will follow at 8:00 AM ET.
Listeners may join by dialing 201-389-0914 (operator answered), pre-registering via the Call Me™ link, or joining the live webcast at https://investors.firstwatch.com/news-and-events/events. The webcast will be archived after the call. Participants are advised to connect at least 10 minutes before the scheduled start.
First Watch (NASDAQ:FWRG) was named the #1 Most Loved Workplace® in America for the second consecutive year on Oct 14, 2025, marking the fourth straight year on the list. The recognition is based on employee surveys and third-party research by Best Practice Institute and reflects the company’s “You First” culture across its >600 restaurants in 32 states and more than 15,000 employees. The company highlighted benefits such as backup child and elder care, Calm app access, coaching, telemedicine, and tuition programs, plus the nationwide W.H.Y. tour that collected >1,500 employee conversations since 2021.
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