First Watch Restaurant Group

FWRG · NASDAQ

$11.97−$0.19 (−1.56%)TodayMarket closed ·
Prev close $12.16

About FWRG

First Watch Restaurant Group, Inc. owns and operates restaurants. The company is headquartered in Bradenton, Florida and currently employs 17,500 full-time employees. The company went IPO on 2021-10-01. The firm 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. The company 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. The company 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 firm 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.

Employees
17,500
Headquarters
Bradenton, Florida
Listed
Oct 1, 2021
Sector
Consumer Discretionary
Industry
Hotels, Restaurants & Leisure

Leadership

First Watch Restaurant Group executives
NameTitleSince
Ralph Alvarez——
Christopher Tomasso—2017
Henry Hope——
John Jones——
Laura Sorensen——
Robert Conti——
Jay Wolszczak——
Matt Eisenacher——
Eric Hartman——
Irene Britt——
Michael Fleisher——
Charles Jemley——
William Kussell——
Stephanie Lilak——
Jostein Solheim——
Rachel Tipograph——

Revenue by product and region

Fiscal year ended Dec 28, 2025: $1.22B total revenue

By product

  • Restaurant sales$1.21B99.2%
  • Franchise revenues$10.33M0.8%

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