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First Watch projects 2-4% same-store sales growth through 2028

FSR · ·by G4L

FWRG
FWRG First Watch Restaurant Group Inc
$13.18 +1.85%
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  1. 1First Watch provided a same-store sales growth guideline of 2-4% through 2028.
  2. 2First Watch achieved 28 consecutive quarters of positive same-store sales growth as of its September 2021 IPO preparation.
  3. 3CEO Chris Tomasso stated that while the breakfast market is not dead, the traditional way of serving it is likely dead.

So what's the key point?

First Watch announced plans to increase store sales by about 2 to 4 percent through 2028. The company plans to grow steadily by adapting to changes in the breakfast market.

Source FSR · View original ↗

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