First Watch to acquire 16 restaurants in $49M deal
4 days ago · The deal, for an aggregate purchase price of $49 million, is expected to close by mid-April 2025, according to a statement from First Watch, which operates 547 restaurants nationwide as of the third quarter. Of those, 466 are company-owned and 81 are franchise-owned. “Strategic acquisitions of franchise-operated restaurants … continues to ...
First Watch Restaurant Group, Inc. Announces Secondary Offering …
BRADENTON, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (“FWRG” or the “Company”) (NASDAQ: FWRG), the leading Daytime Dining concept serving breakfast, brunch ...
News Releases | First Watch Restaurant Group, Inc
Cozy up with First Watch's new menu featuring comforting classics and festive favorites BRADENTON, Fla. – October 29, 2024 – Holidays have arrived at First Watch as the breakfast, brunch and lunch concept launches its limited-time seasonal menu. The new menu is complete with the comeback of.
First Watch Restaurant Group, Inc. Announces Pricing of …
Nov 12, 2024 · In 2023, First Watch was named the top restaurant brand in Yelp’s inaugural list of the top 50 most-loved brands in the U.S. In 2022, First Watch was awarded a sought-after MenuMasters honor by Nation’s Restaurant News for its seasonal Braised Short Rib Omelet. First Watch operates more than 540 First Watch restaurants in 29 states.
First Watch completes second largest franchise acquisition deal ...
Nov 11, 2024 · First Watch has agreed to acquire 16 franchise-owned restaurants (including one restaurant currently under construction), as well as development rights in North Carolina and South Carolina for...
First Watch Inspires Acts of Kindness with ‘Sweet’ Gesture on …
Nov 11, 2024 · On Wednesday, November 13, First Watch is giving away more than 15,000 cinnamon rolls for customers to “pay forward” as a random act of kindness in their communities. The first 50 dine-in guests at each participating location will receive a free Stay Golden Cinnamon Roll* packaged to-go when they use the word “kindness.”.
First Watch Restaurant Group Inc (FWRG) Reports Robust …
Mar 5, 2024 · First Watch Restaurant Group Inc (FWRG) Reports Robust Revenue Growth and Net Income Surge in 2023. First Watch's total revenues for the fiscal year 2023 soared by 22.1% to $891.6...
First Watch Restaurant: Between Hurricanes ... - Seeking Alpha
2 days ago · It’s a long way to go. With 23 restaurants planned to open in Q4, First Watch is approaching its goal of 10% net year-over-year restaurant count growth. They currently have 120 projects ...
First Watch strikes deal to acquire 16 franchise restaurants
Nov 11, 2024 · First Watch Restaurant: Q2, Traffic Issues Are Likely Temporary (Rating Upgrade) First Watch Restaurant: A Non-Traditional Recipe For Dealing With Traffic; First Watch Restaurant GAAP EPS of $0.03 ...
First Watch Fights for Share in Challenging Breakfast Climate
Nov 12, 2024 · Total revenues at First Watch increased 14.8 percent in the quarter to reach $251.6 million and systemwide sales lifted 8 percent to $291.8 million. Restaurant-level operating profit margin upped to 18.9 percent from 18.7 percent and the brand opened nine systemwide locations in eight states, bringing its total to 547 systemwide cafes (466 ...