First Watch Restaurant Group Inc

NASDAQ:FWRG   4:00:00 PM EDT
15.37
-0.33 (-2.10%)
4:08:15 PM EDT: $15.55 +0.18 (+1.17%)
Positive Earnings Pre-Announcement

First Watch Restaurant Group Q3 Sales Rose 19.2% To $235.2 Million

Published: 11/07/2022 11:21 GMT
First Watch Restaurant Group Inc (FWRG) - First Watch Restaurant Group, Inc. Reports Strong Q3 2022 Financial Results and Raises Certain of Its Full Year Guidance.
Q3 Sales Rose 19.2 Percent to $235.2 Million.
Total Revenues Increased 18.7% to $186.9 Million in Q3 2022.
Sees FY Same-restaurant Sales Growth at Top End of 13.0% to 15.0% Range With Continued Positive Traffic.
Sees FY Total Revenues Growth of 20.0% to 22.0% Relative to 2021.
Q3 Revenue View $180.7 Million -- Refinitiv Ibes Data (analyst estimates).
FY2022 Revenue View $728.4 Million -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $189.93 Million
Adjusted EPS is expected to be $0.04

Next Quarter Revenue Guidance is expected to be $198.72 Million
Next Quarter EPS Guidance is expected to be $0.08

More details on our Analysts Page.