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Plus innovation at Baskin-Robbins, Carl’s Jr., Chopt, Cinnaholic, Dog Haus, Dutch Bros, First Watch, Flower Child, Freddy’s Frozen Custard & Steakburgers

Operator: Thank you for standing by and welcome to the First Watch Restaurant Group, Inc. Third Quarter 2023 Earnings Conference Call, occurring today November 1, 2023 at 8:00 AM Eastern Time.

First Watch Restaurant Group (NASDAQ:FWRG – Get Free Report) posted its earnings results on Wednesday. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05, Briefing.com reports. First Watch Restaurant Group had a return on equity of 3.18% and a net margin of 2.11%. The company had […]

Same-restaurant sales growth of 4.8% and total revenue growth of 17.3% Income from operations margin of 3.6% and Restaurant level operating profit margin of 18.7% Net income of $5.4 million and...

By Thomas Green First Watch Restaurant Group, Inc. (Nasdaq: FWRG) said third quarter revenue rose 17% to $219.2 million from a year earlier. After opening 13 new locations, the group now has over 500 restaurants, the company said in a statement. System-wide sales increased 15% to $270.3 million in the quarter. While same-resturant traffic declined […]