First Watch RestaurantNASDAQ: FWRG

PHILADELPHIA, PA / ACCESSWIRE / June 11, 2024 / Kaskela Law LLC announces that it is investigating First Watch Restaurant Group, Inc. (NASDAQ: FWRG) ("First Watch") on behalf of the company's shareholders. On May 7, 2024, shares of First Watch's common stock fell $3.62 per share, or over 14% in value, after the company reported disappointing financial and operational results for the 2024 First Quarter - including revenue below analysts' expectations and a lower quarterly earnings per share ("EPS") as compared the prior year's quarter.

BRADENTON, Fla., May 22, 2024 (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 announced it will participate in two June investor conferences:

First Watch Restaurant Group (FWRG) expands its presence in North Carolina by purchasing 21 franchise restaurants as part of a strategic effort to grow the business.

First Watch CEO Chris Tomasso joins 'The Exchange' to discuss the company's growth strategy, consumer trends, and more.

Although the revenue and EPS for First Watch Restaurant Group, Inc. (FWRG) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

First Watch Restaurant Group, Inc. (FWRG) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.01 per share a year ago.

Evaluate the expected performance of First Watch Restaurant Group, Inc. (FWRG) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

First Watch (FWRG) enhances its position with a key acquisition in Broken Arrow, OK, fortifying its growth trajectory.

First Watch's (FWRG) emphasis on franchise-owned restaurants bodes well. The company announces plans to acquire 21 franchise restaurants in North Carolina.