First Watch Restaurant Group Past Earnings Performance
Past criteria checks 5/6
First Watch Restaurant Group has been growing earnings at an average annual rate of 76.2%, while the Hospitality industry saw earnings growing at 22.2% annually. Revenues have been growing at an average rate of 19.5% per year. First Watch Restaurant Group's return on equity is 4.5%, and it has net margins of 2.8%.
Key information
76.2%
Earnings growth rate
75.9%
EPS growth rate
| Hospitality Industry Growth | 19.5% |
| Revenue growth rate | 19.5% |
| Return on equity | 4.5% |
| Net Margin | 2.8% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Share Price Matching Investor Opinion
Apr 25
Is 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 10First Watch Restaurant Group: Undervalued Rare Asset With Significant Growth Potential
Jul 20First Watch: Another Solid Quarter For This Small-Cap Growth Story
Jun 02The Strong Earnings Posted By First Watch Restaurant Group (NASDAQ:FWRG) Are A Good Indication Of The Strength Of The Business
May 18First Watch Restaurant Group: Waiting For Profitability
Apr 07A Look At The Intrinsic Value Of First Watch Restaurant Group, Inc. (NASDAQ:FWRG)
Jan 08First Watch: Phenomenal Growth, But At A Price
Dec 26First Watch Restaurant Group Stock: Watching, Not Investing
Oct 10Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 892 | 25 | 110 | 0 |
| 24 Sep 23 | 833 | 22 | 101 | 0 |
| 25 Jun 23 | 800 | 17 | 97 | 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 (2.8%) are higher than last year (1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FWRG has become profitable over the past 5 years, growing earnings by 76.2% per year.
Accelerating Growth: FWRG's earnings growth over the past year (251.7%) exceeds its 5-year average (76.2% per year).
Earnings vs Industry: FWRG earnings growth over the past year (251.7%) exceeded the Hospitality industry 9.2%.
Return on Equity
High ROE: FWRG's Return on Equity (4.5%) is considered low.