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First Watch Restaurant (FWRG) - 2022 Q4 - Annual Report
2023-03-07 00:00
公司业务及发展战略 - 公司自1983年开业以来,专注于提供早午餐服务,以新鲜食材制作点菜式早午餐,平均每家餐厅2022年实现了200万美元的年均销售额[10] - 截至2022年12月25日,公司在29个州拥有474家餐厅,其中366家为公司直营,108家为特许经营[11] - 公司的发展战略包括新餐厅开业、特许经营餐厅收购、提高餐厅客流量和销售额等方面,以加速新餐厅发展并提高系统内餐厅的年均销售额[16] 品牌培训和管理 - 公司在总部设立了F.A.R.M.培训中心,提供品牌体验和领导管理工具培训[31] 供应链管理 - 供应链部门直接与合格的国家供应商和分销商进行管理和谈判,以确保高质量、新鲜产品的供应[32] 数字化管理和营销 - 公司使用数字化管理信息系统,以支持未来的增长计划[33] - 公司利用各种营销渠道,包括社交媒体、数字营销、直邮、公关活动等,提高社交媒体平台的参与度[35] 特许经营和员工发展 - 公司拥有15名特许经营商经营108家餐厅,特许经营协议提供10年的初始期限和续约期限,特许经营费用为每家餐厅3.5万至4万美元[36] - 公司推出beabetterhuman活动,旨在提高员工对社区的回馈意识,通过互动网络系列提高员工意识和影响力[38] - 公司成立了R.I.S.E.委员会,旨在推动公司的多样性努力,建立新的导师计划,加速少数群体的发展和晋升[39] - 公司与独立的多样性、公平和包容性(DEI)顾问合作,跟踪DEI数据,制定策略以推动影响,并取得显著的年度改善[40] - 公司高管举办了W.H.Y. Tour活动,与全国各地的小时工进行深入交流,以了解他们最关心的问题[41] 风险因素 - 公司的财务状况和运营结果可能会受到许多其他因素的影响,其中许多因素大部分是我们无法控制的[61] - 新餐厅的开业可能不如预期表现,对公司的业务、财务状况和运营结果可能产生重大不利影响[63] - 我们的增长计划包括开设新餐厅,但现有的餐厅管理系统、财务和管理控制以及信息系统可能不足以支持我们计划的扩张[68] - 食品成本的变化可能对我们的业务、财务状况和运营结果产生重大不利影响[76] - 我们的财务状况、运营结果和供应链可能会受到COVID-19大流行或其他传染病的长期不利影响[79] - COVID-19疫情可能继续对公司的餐厅运营产生负面影响[82] - 全球金融市场的长期波动可能影响公司获取资本市场和其他资金来源[83] - 新餐厅可能无法盈利或关闭,过去的餐厅表现可能不代表未来结果[84] - 新餐厅的运营利润率通常在前12个月内较低,运营新餐厅的盈利能力取决于多种因素[85] - 公司面临着激烈的竞争,无法有效竞争可能影响公司的业务[87] - 食品安全和质量问题可能对公司业务和盈利能力产生负面影响[90] - 公司对供应商和分销商的依赖性,如果供应商或分销商未能履行义务,公司可能面临供应短缺和成本增加的风险[103]
First Watch Restaurant (FWRG) - 2022 Q3 - Earnings Call Transcript
2022-11-08 03:22
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q3 2022 Earnings Conference Call November 7, 2022 8:00 AM ET Company Participants Raphael Gross - Investor Relations, ICR Chris Tomasso - Chief Executive Officer and President Mel Hope - Chief Financial Officer Conference Call Participants Jared Garber - Goldman Sachs Andy Barish - Jefferies Andrew Charles - Cowen Jeffrey Bernstein - Barclays Brian Vaccaro - Raymond James Nicole Miller - Piper Sandler Chris O'Cull - Stifel Gregory Francfort - Guggenheim Sara ...
First Watch Restaurant (FWRG) - 2022 Q3 - Earnings Call Presentation
2022-11-07 21:06
Welcome to First Watch Supplemental Information Q3 2022 CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES Forward-Looking Statements In addition to historical information, this presentation may contain a number of "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, information concerning First Watch Restaurant Group, Inc.'s ("First Watch") possible or assumed future results of ope ...
First Watch Restaurant (FWRG) - 2022 Q2 - Earnings Call Presentation
2022-08-10 01:16
Welcome to First Watch Supplemental Information Q2 2022 CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES Forward-Looking Statements In addition to historical information, this presentation may contain a number of "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, information concerning First Watch Restaurant Group, Inc.'s ("First Watch") possible or assumed future results of ope ...
First Watch Restaurant (FWRG) - 2022 Q2 - Earnings Call Transcript
2022-08-10 01:15
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q2 2022 Earnings Conference Call August 9, 2022 8:00 AM ET Company Participants Raphael Gross - Investor Relations, ICR Chris Tomasso - Chief Executive Officer and President Mel Hope - Chief Financial Officer Conference Call Participants Chris O'Cull - Stifel Jared Garber - Goldman Sachs Jeffrey Bernstein - Barclays Nicole Miller - Piper Sandler Andy Barish - Jefferies Gregory Francfort - Guggenheim Brian Vaccaro - Raymond James Andrew Charles - Cowen Operato ...
First Watch Restaurant (FWRG) - 2022 Q1 - Earnings Call Transcript
2022-05-11 02:19
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q1 2022 Results Earnings Conference Call May 10, 2022 8:00 AM ET Company Participants Raphael Gross - Investor Relations, ICR Chris Tomasso - Chief Executive Officer and President Mel Hope - Chief Financial Officer Conference Call Participants Chris O'Cull - Stifel, Nicolaus & Company Jeffrey Bernstein - Barclays Capital Inc. Nicole Miller Regan - Piper Sandler & Co. Jon Tower - Citigroup Andy Barish - Jefferies Andrew Charles - Cowen and Company, LLC Gregory ...
First Watch Restaurant (FWRG) - 2021 Q4 - Earnings Call Transcript
2022-03-23 23:27
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q4 2021 Earnings Conference Call March 23, 2022 8:00 AM ET Company Participants Raphael Gross - ICR Chris Tomasso - Chief Executive Officer and President Mel Hope - Chief Financial Officer Conference Call Participants Andy Barish - Jefferies Jeffrey Bernstein - Barclays Andrew Charles - Cowen Gregory Francfort - Guggenheim Securities Sara Senatore - Bank of America Brian Vaccaro - Raymond James Jared Graber - Goldman Sachs Disclaimer*: This transcript is desi ...