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First Watch Restaurant Group Beats Q3 Earnings Estimates and Revises Strategy

Earnings Whispers · ·by G4L

FWRG
FWRG First Watch Restaurant Group Inc
$13.18 +1.85%
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  1. 1First Watch Restaurant Group reported Q3 earnings per share of $0.08, exceeding the consensus estimate of $0.03.
  2. 2First Watch Restaurant Group achieved Q3 revenue of $349.86 million, though same-store traffic was -1.9%.
  3. 3First Watch Restaurant Group has withdrawn its annual store count targets for after 2027.

So what's the key point?

First Watch Restaurant Group's earnings per share for the third quarter reached $0.08, which was higher than the consensus estimate of $0.03.

Source Earnings Whispers · View original ↗

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