FIRST WATCH RESTAURANT GROUP, INC.

FIRST WATCH RESTAURANT GROUP, INC.

First Watch Restaurant Group, Inc. is a daytime dining concept company. The Company is engaged in serving made-to-order breakfast, brunch and lunch using fresh ingredients. Its menu includes elevated executions of classic favorites alongside specialties, such as its Quinoa Power Bowl, Lemon Ricotta Pancakes, Chickichanga, Morning Meditation fresh juice and signature Million Dollar Bacon. It operates and franchises restaurants in 29 states operating under the First Watch trade name, which are focused on made-to-order breakfast, brunch and lunch. It uses a variety of marketing channels, including affiliate partnerships, social media interactions, digital marketing, direct mailers, public relations initiatives and local community sponsorships, e-mail communications, promotions and partnerships. The Company operates restaurants through its wholly owned subsidiary, First Watch Restaurants, Inc., and is a franchisor through its wholly owned subsidiary, First Watch Franchise Development Co.

Stock Performance Snapshot

Strong Buy

Analyst Rating

Analysts highly recommend buying First Watch Restaurant Group's stock with a target price of $25.56.

Above Average

Financial Health

First Watch Restaurant Group is performing well with solid revenue, cash flow, and profit margins.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

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Unit Growth Potential

Opening new restaurants is a primary growth lever and can drive scale, though expansion carries execution and profitability risks.

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Daytime Dining Niche

A focus on breakfast and brunch differentiates the brand and captures specific customer occasions, but demand can be cyclical and locally competitive.

Margin Sensitivity

Profitability depends on labour, commodity costs and operational efficiency; cost pressures can compress margins despite top-line growth.

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Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

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