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First Watch Restaurant Group, Inc. (FWRG) Form 10-Q — Aug 4, 2026

$FWRGForm 10-QFiled Aug 4, 2026, 7:03 AM ET0001789940-26-000090Original filing

First Watch Restaurant Group reported financial results for the second quarter of 2026, demonstrating continued operational momentum with total revenues increasing 15.2% to $354.7 million. The company expanded its footprint by opening 18 system-wide restaurants during the quarter, bringing the total to 665 locations, while achieving same-restaurant sales growth of 3.4% and expanding restaurant-level operating profit margins to 18.8%.

Key figures

Eps
0.04
Revenue
354672000
Guidance
Annual same-restaurant sales growth 1.5% to 3.0%; full-year commodity inflation approximately zero to 1.5%
Net Income
2339000
Revenue Yoy
15.2%
Cash Position
20485000
Adjusted EBITDA
34470000
System Wide Restaurants
665
Same Restaurant Sales Growth
3.4%
Same Restaurant Traffic Growth
-0.4%

Price after filing

1 day: -6.3%7 days: -11.7%30 days: -9.2%

Close on the filing date to close N calendar days later (from $13.34). Historical, not a forecast.

AI analysis

Red flags3 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.