Lumida
/FWRG
⌘K
First Watch Restaurant Group Inc

First Watch Restaurant Group Inc

FWRG
$11.35USD+1.43%+0.16 today

MARKET CAP

700.4M

P/E (TTM)

40.5x

FWD P/E

DAY RANGE

$11 – $12

52W RANGE

$10
$19

AI Summary

Stalk
Buy NowMedium

FWRG is in an early Stage 2 advancing phase, reinforced by a high-volume Momentum Breakout above the prior $11.7 cluster. Price is holding just above the rising 9/21 EMA support zone after a shallow pullback, and short-term conditions favor immediate entry. Execution now targets continuation participation off the EMAs, with a close watch for any rejection or breakdown.

  • Q2 revenue jumped 15.2% YoY to $354.7M
  • New customer repeat rate soared 17%, brand awareness +50%
  • Labor expenses reached 32.9% of sales with 4.1% wage hikes
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$601.2M$730.2M$891.6M$1.0B$1.2B
YoY %+21.5%+22.1%+13.9%+20.3%
P / Sales1.3x1.1x1.3x1.1x0.8x
EV / Sales2.2x1.9x2.1x2.0x1.7x
Gross Profit, Adj.$316.7M$383.2M$491.3M$558.2M$652.9M
YoY %+21.0%+28.2%+13.6%+17.0%
Margin %52.7%52.5%55.1%54.9%53.4%
EV / Gross Profit4.1x3.5x3.8x3.7x3.2x
EBITDA, Adj.$68.1M$52.1M$83.8M$97.1M$103.0M
YoY %-23.5%+61.1%+15.9%+6.0%
Margin %11.3%7.1%9.4%9.6%8.4%
EV / EBITDA19.1x26.1x22.1x21.0x20.0x
EBIT$22.6M$17.8M$41.3M$38.9M$27.5M
YoY %-21.2%+131.4%-5.7%-29.3%
Margin %3.8%2.4%4.6%3.8%2.3%
EV / EBIT57.4x76.1x45.0x52.5x75.0x
Net Income$-2.1M$6.9M$25.4M$18.9M$19.4M
YoY %+427.8%+267.5%-25.4%+2.7%
Net Margin-0.4%0.9%2.8%1.9%1.6%
EPS (GAAP)-$0.04$0.11$0.41$0.30$0.31
YoY %+375.0%+272.7%-26.8%+3.3%