NasdaqGS:FWRGHospitality
First Watch (FWRG) Valuation Check After an Earnings Beat Masked by Cheaper Eggs and Emerging Structural Strains
First Watch Restaurant Group (FWRG) just posted a beat and raise quarter, but the upside was largely fueled by cheaper eggs, not lasting operational gains, and the market now has to parse that distinction.
See our latest analysis for First Watch Restaurant Group.
The upbeat quarter has nudged the share price to about $17.20, with a 90 day share price return of 7.9 percent. However, the year to date share price return is still negative and the one year total shareholder return is modestly...