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First Watch Restaurant Group (FWRG) Reports Q1 Earnings: What Key Metrics Have to Say
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First Watch Restaurant Group, Inc. (FWRG - Free Report) reported $330.96 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 17.3%. EPS of -$0.04 for the same period compares to -$0.01 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $329.22 million, representing a surprise of +0.53%. The company delivered an EPS surprise of -166.67%, with the consensus EPS estimate being -$0.02.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First Watch Restaurant Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Same-restaurant sales growth: 2.8% versus the three-analyst average estimate of 1.8%.
System-wide Restaurants - Total: 648 versus the three-analyst average estimate of 646.
System-wide Restaurants - Franchise-owned: 76 versus 75 estimated by two analysts on average.
System-wide Restaurants - Company-owned: 572 compared to the 572 average estimate based on two analysts.
Revenues- Franchise revenues: $2.81 million versus $2.35 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.1% change.
Revenues- Restaurant sales: $328.15 million versus the three-analyst average estimate of $327.09 million. The reported number represents a year-over-year change of +17.4%.
Shares of First Watch Restaurant Group have returned +7.5% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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First Watch Restaurant Group (FWRG) Reports Q1 Earnings: What Key Metrics Have to Say
First Watch Restaurant Group, Inc. (FWRG - Free Report) reported $330.96 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 17.3%. EPS of -$0.04 for the same period compares to -$0.01 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $329.22 million, representing a surprise of +0.53%. The company delivered an EPS surprise of -166.67%, with the consensus EPS estimate being -$0.02.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First Watch Restaurant Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for First Watch Restaurant Group here>>>
Shares of First Watch Restaurant Group have returned +7.5% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.