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First Watch Restaurant Group (FWRG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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First Watch Restaurant Group, Inc. (FWRG - Free Report) reported $354.67 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 15.2%. EPS of $0.04 for the same period compares to $0.03 a year ago.
The reported revenue represents a surprise of +1.04% over the Zacks Consensus Estimate of $351.03 million. With the consensus EPS estimate being $0.06, the EPS surprise was -33.33%.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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:
System-wide Restaurants - Total: 665 compared to the 661 average estimate based on two analysts.
Same-restaurant sales growth: 3.4% compared to the 2% average estimate based on two analysts.
Revenues- Franchise revenues: $3.19 million compared to the $2.7 million average estimate based on two analysts. The reported number represents a change of +9.9% year over year.
Revenues- Restaurant sales: $351.48 million compared to the $348.35 million average estimate based on two analysts. The reported number represents a change of +15.3% year over year.
Shares of First Watch Restaurant Group have returned -3.3% over the past month versus the Zacks S&P 500 composite's +1.7% 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.
View the Zacks #1 Rank List
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First Watch Restaurant Group (FWRG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
First Watch Restaurant Group, Inc. (FWRG - Free Report) reported $354.67 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 15.2%. EPS of $0.04 for the same period compares to $0.03 a year ago.
The reported revenue represents a surprise of +1.04% over the Zacks Consensus Estimate of $351.03 million. With the consensus EPS estimate being $0.06, the EPS surprise was -33.33%.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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 -3.3% over the past month versus the Zacks S&P 500 composite's +1.7% 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.