First Watch Posts Q4 Preliminary Results, Same Restaurant Sales Down
First Watch Restaurant (FWRG) ZACKS·2025-01-15 00:40
First Watch Restaurant Group, Inc. (FWRG) reported fourth-quarter and fiscal 2024 preliminary results. Following the preliminary results, the company’s shares declined 2% yesterday.First Watch CEO and president Chris Tomasso said that the company met its fourth-quarter goal of opening 25 new restaurants, including 23 company-owned locations. He also noted that same-restaurant sales and traffic growth for the quarter were at the high end of expectations. Looking ahead to 2025, Tomasso emphasized the company' ...