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FW

First Watch Restaurant Group, Inc. (FWRG)

NASDAQ • Consumer Cyclical

$11.28
-$1 (-8.2%)
Market open

Last close at September 9, 2026 at 20:00 UTC

Open$12.13
Previous Close$11.28
Day Range$11.27 - $12.13
Avg. Volume (3M)977.7K
Market Cap$696.1M
P/E Ratio37.6
52 Week Range
$9.97$18.82
Next EarningsIn 54 daysNov 3, 2026

Metrics Over Time

Where the Money Goes

Q2 2026
Revenueeverything earned$354.6M100%
Gross Profitminus cost of goods$272M77%
Operating Incomeminus R&D and overhead$33.7M10%
Net Incomeminus taxes and the rest$2.3M1%

In plain terms: out of every $100 in revenue, First Watch Restaurant Group, Inc. keeps $1 as net profit.

Fundamentals & Financials

Revenue (TTM)
$1.3B
Net Income (TTM)
$17.8M
EPS (TTM)
$0.3
ROA (TTM)
0.98%
Current Ratio
0.27

TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.

Earnings

+200.0%Q1 2026$0.24
-100.0%Q2 2026-$0.04
-24.0%Q3 2026$0.04
Next

Nov 3

in 54 daysQ4 2026

% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS

View full earnings history

About First Watch Restaurant Group, Inc.

First Watch Restaurant Group, Inc. operates daytime dining restaurants in the consumer-discretionary restaurant business and trades on the NASDAQ under FWRG. The company runs and licenses the First Watch brand through company-owned and franchised locations, and generated $1.2 billion of revenue in FY2025.

Name
First Watch Restaurant Group, Inc.
CEO
Christopher A. Tomasso
Website
www.firstwatch.com
Industry
Consumer Cyclical
Year Founded
1983
Employees
18,000

Today's Snapshot

AI-generated

FWRG ended yesterday 8.2% down at 11.28.

Trading Volume

Above 10d avg 1.0M

1.2M

vs S&P 500 Today

Strong Underperformance

-7.74%

Updated: September 10, 2026 at 12:13 UTC

FWRG Headlines

Analysts Recast Fair Values Across Multiple Stocks

April 27, 2026

5 min read

US restaurant chains post solid 2025 gains

March 10, 2026

4 min read
View All News

Technical Indicators

0 Buy2 Neutral6 Sell
FWRG’s technical profile is decisively negative, with the price trading below nearly all moving averages including the 200-day, and momentum measures largely pointing down—a deeply negative CCI, a negative MACD and falling short-term momentum highlight selling pressure. Trend strength is weak to moderate with ADX under 20, suggesting the downtrend lacks forceful directional conviction, while ATR shows meaningful intraday variability at roughly 5.5%. Volume readings present some divergence but do not offset the broad bearish bias and the pivot sits above the market. Technical takeaway: Price below major averages and negative momentum align with a Strong Sell signal.
All signals
  • EMA (5 indicators)$12.10 - $13.73
    Sell
  • RSI (14)38.02
    Neutral
  • Stochastic %K (14, 3, 3)20.57
    Neutral
  • MACD Level (12, 26)-0.18
    Sell

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