News Releases | First Watch Restaurant Group, Inc
Cozy up with First Watch's new menu featuring comforting classics and festive favorites BRADENTON, Fla. – October 29, 2024 – Holidays have arrived at First Watch as the breakfast, brunch and lunch concept launches its limited-time seasonal menu. The new menu is complete with the comeback of.
First Watch to acquire 16 restaurants in $49M deal
3 days ago · The deal, for an aggregate purchase price of $49 million, is expected to close by mid-April 2025, according to a statement from First Watch, which operates 547 restaurants nationwide as of the third quarter. Of those, 466 are company-owned and 81 are franchise-owned. “Strategic acquisitions of franchise-operated restaurants … continues to ...
First Watch completes second largest franchise acquisition deal ...
Nov 11, 2024 · First Watch has agreed to acquire 16 franchise-owned restaurants (including one restaurant currently under construction), as well as development rights in North Carolina and South Carolina for...
First Watch Restaurant Group, Inc. Announces Secondary Offering …
6 days ago · BRADENTON, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch and...
News | Daytime dining chain First Watch to buy 16 of its …
Nov 12, 2024 · First Watch — serving breakfast, brunch and lunch — has 547 restaurants, including 466 company-owned and 81 franchisee-owned, located in 29 states. It rotates its menu five times a year and ...
First Watch Inspires Acts of Kindness with ‘Sweet’ Gesture on …
Nov 11, 2024 · On Wednesday, November 13, First Watch is giving away more than 15,000 cinnamon rolls for customers to “pay forward” as a random act of kindness in their communities. The first 50 dine-in guests at each participating location will receive a free Stay Golden Cinnamon Roll* packaged to-go when they use the word “kindness.”.
First Watch to Acquire 16 Franchised Stores for $49 Million
Nov 11, 2024 · First Watch Restaurant Group, Inc., the leading Daytime Dining concept serving breakfast, brunch and lunch, announced it has agreed to acquire 15 of its franchise-owned restaurants, one restaurant currently under construction and corresponding development rights in North Carolina and South Carolina for an aggregate purchase price of $49 million on a cash-free, debt-free basis, subject […]
First Watch Fights for Share in Challenging Breakfast Climate
Nov 12, 2024 · Total revenues at First Watch increased 14.8 percent in the quarter to reach $251.6 million and systemwide sales lifted 8 percent to $291.8 million. Restaurant-level operating profit margin upped to 18.9 percent from 18.7 percent and the brand opened nine systemwide locations in eight states, bringing its total to 547 systemwide cafes (466 ...
First Watch (NASDAQ:FWRG) Misses Q3 Revenue Estimates
Nov 7, 2024 · Breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 14.8% year on year to $251.6 million. Its GAAP profit ...
First Watch leans into targeted marketing and demand generation
Nov 7, 2024 · First Watch continues to pursue ambitious development goals. The chain added nine new restaurants in eight states in Q3, bringing its total to 547 (466 company-owned and 80 franchised) in 29 states.