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First Watch Restaurant Group, Inc. (FWRG) Q1 2026 Earning...
SA Transcripts · 2026-05-06 · via All Articles on Seeking Alpha

Q1: 2026-05-05 Earnings Summary

EPS of -$0.02 beats by $0.01

 | 

Revenue of

$330.96M

(17.26% Y/Y)

beats by $1.61M

First Watch Restaurant Group, Inc. (FWRG) Q1 2026 Earnings Call May 5, 2026 8:00 AM EDT

Company Participants

Steven Marotta - Vice President of Investor Relations
Christopher Tomasso - CEO, President & Director
Mel Hope - CFO & Treasurer

Conference Call Participants

James Salera - Stephens Inc., Research Division
Jeffrey Bernstein - Barclays Bank PLC, Research Division
Brian Vaccaro - Raymond James & Associates, Inc., Research Division
Zachary Ogden - TD Cowen, Research Division
Sara Senatore - BofA Securities, Research Division
Brian Mullan - Piper Sandler & Co., Research Division
Jon Tower - Citigroup Inc., Research Division
Todd Brooks - The Benchmark Company, LLC, Research Division
Gregory Francfort - Guggenheim Securities, LLC, Research Division
Christopher O'Cull - Stifel, Nicolaus & Company, Incorporated, Research Division

Presentation

Operator

Thank you for standing by, and welcome to the First Watch Restaurant Group, Inc. First Quarter Earnings Conference Call occurring today, May 5, 2026, at 8:00 a.m. Eastern Time. [Operator Instructions] This call will be archived and available for replay at investors.firstwatch.com under the News and Events section.

I would now like to turn the conference over to Steven Marotta, Vice President of Investor Relations at First Watch to begin.

Steven Marotta
Vice President of Investor Relations

Hello, everyone. I am joined by First Watch's Chief Executive Officer and President, Chris Tomasso; and Chief Financial Officer, Mel Hope. This morning, First Watch issued its earnings release for the first quarter of fiscal 2026 on Globe Newswire and filed its quarterly report on Form 10-Q with the SEC. These documents can be found at investors.firstwatch.com.

This conference call will include forward-looking statements that are subject to various risks and uncertainties that could cause the company's actual results to differ materially from these statements. Such statements include, without limitation, statements concerning the condition of the company's industry and its operations, performance and financial condition, outlook, growth plans and strategies and future