First Watch Restaurant Group Reports Strong Q1 Sales Growth and Reiterates 2026 Guidance
First Watch Restaurant Group reported a 17% sales growth in Q1, exceeding expectations, and reiterated its 2026 revenue growth guidance of 12% to 14%. Despite a 2% traffic decline, the company achieved 3% same-store sales growth and plans to open 59 to 63 new restaurants in 2026. Shares rose 6% following the report.
Tickers: $FWRG
Topics: Company Guidance Earnings Growth Restaurant Industry Same-Store Sales Stock Performance