First Watch Restaurant Group Past Earnings Performance
Past criteria checks 2/6
First Watch Restaurant Group has been growing earnings at an average annual rate of 89.2%, while the Hospitality industry saw earnings growing at 31.3% annually. Revenues have been growing at an average rate of 20.9% per year. First Watch Restaurant Group's return on equity is 3.5%, and it has net margins of 2.1%.
Key information
89.2%
Earnings growth rate
91.5%
EPS growth rate
| Hospitality Industry Growth | 19.5% |
| Revenue growth rate | 20.9% |
| Return on equity | 3.5% |
| Net Margin | 2.1% |
| Last Earnings Update | 29 Sep 2024 |
Recent past performance updates
Recent updates
First Watch Restaurant: Between Hurricanes And Acquisitions, The Sun Shines
Nov 18Market Participants Recognise First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Earnings Pushing Shares 53% Higher
Nov 12
Investors Will Want First Watch Restaurant Group's (NASDAQ:FWRG) Growth In ROCE To Persist
Oct 18First Watch Restaurant: A Non-Traditional Recipe For Dealing With Traffic
Sep 14Why We're Not Concerned About First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Share Price
Sep 04Is It Too Late To Consider Buying First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Aug 09First Watch Restaurant: The Price For Maintaining Pricing
Jul 03First Watch Restaurant Group (NASDAQ:FWRG) Shareholders Will Want The ROCE Trajectory To Continue
Jul 02First Watch Restaurant Group's (NASDAQ:FWRG) Earnings May Just Be The Starting Point
May 21These 4 Measures Indicate That First Watch Restaurant Group (NASDAQ:FWRG) Is Using Debt Reasonably Well
May 10First Watch Restaurant: Traffic Slowdown Doesn't Disturb The Growth Story
May 09First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Share Price Matching Investor Opinion
Apr 25Is There Now An Opportunity In First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Apr 02The Return Trends At First Watch Restaurant Group (NASDAQ:FWRG) Look Promising
Feb 28First Watch: Great Restaurant Concept, But An Equal Valuation
Feb 21We Ran A Stock Scan For Earnings Growth And First Watch Restaurant Group (NASDAQ:FWRG) Passed With Ease
Jan 23Investors Holding Back On First Watch Restaurant Group, Inc. (NASDAQ:FWRG)
Dec 23When Should You Buy First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Dec 03Here's Why We Think First Watch Restaurant Group (NASDAQ:FWRG) Is Well Worth Watching
Oct 13The Return Trends At First Watch Restaurant Group (NASDAQ:FWRG) Look Promising
Aug 24Returns On Capital Are Showing Encouraging Signs At First Watch Restaurant Group (NASDAQ:FWRG)
Apr 08First Watch: Ride On The Secular Tailwind Of Demand For Daypart Meals
Oct 19First Watch: A Solid Buy-The-Dip Candidate
Oct 12First Watch Restaurant slides 8% afterhours on secondary stock offering
Sep 12First Watch Restaurant Group: Rapid Growth On Cards As Sales Momentum Persists
Aug 31First Watch: Another Phenomenal Quarter
Aug 10Revenue & Expenses Breakdown
How First Watch Restaurant Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 29 Sep 24 | 997 | 21 | 121 | 0 |
| 30 Jun 24 | 965 | 24 | 119 | 0 |
| 31 Mar 24 | 923 | 23 | 116 | 0 |
| 31 Dec 23 | 892 | 25 | 110 | 0 |
| 24 Sep 23 | 833 | 22 | 100 | 0 |
| 25 Jun 23 | 800 | 17 | 96 | 0 |
| 26 Mar 23 | 768 | 12 | 94 | 0 |
| 25 Dec 22 | 730 | 7 | 90 | 0 |
| 25 Sep 22 | 707 | 3 | 88 | 0 |
| 26 Jun 22 | 678 | 3 | 82 | 0 |
| 27 Mar 22 | 647 | 5 | 75 | 0 |
| 26 Dec 21 | 601 | -2 | 68 | 0 |
| 26 Sep 21 | 548 | -5 | 63 | 0 |
| 27 Jun 21 | 490 | -16 | 57 | 0 |
| 28 Mar 21 | 403 | -36 | 51 | 0 |
| 27 Dec 20 | 342 | -50 | 50 | 0 |
| 29 Dec 19 | 436 | -45 | 61 | 0 |
| 30 Dec 18 | 350 | -12 | 38 | 0 |
Quality Earnings: FWRG has high quality earnings.
Growing Profit Margin: FWRG's current net profit margins (2.1%) are lower than last year (2.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FWRG has become profitable over the past 5 years, growing earnings by 89.2% per year.
Accelerating Growth: FWRG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FWRG had negative earnings growth (-6.9%) over the past year, making it difficult to compare to the Hospitality industry average (14%).
Return on Equity
High ROE: FWRG's Return on Equity (3.5%) is considered low.