{"schema_version":"secwatch.filing_event.v1","accession":"0001789940-22-000096","form_type":"8-K","ticker":"FWRG","cik":"0001789940","company_name":"First Watch Restaurant Group, Inc.","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.132125+00:00","generated_at":"2026-06-22T05:43:04.061725+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Watch Q3 revenue $186.9M (+18.7% YoY); same-restaurant sales +12.0%; raises FY guidance","bullets":["Total revenues $186.9M (+18.7% YoY) driven by same-restaurant sales growth of 12.0%.","Same-restaurant traffic increased 3.7% vs Q3 2021; 7.0% vs Q3 2019.","Restaurant level operating profit margin 17.3% (down from 19.5% YoY); net income $46K.","Adjusted EBITDA flat at $17.0M; opened 11 system-wide restaurants in Q3.","Company raised certain elements of its full year 2022 guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001789940-22-000096","json":"https://secwatch.observer/filing/0001789940-22-000096.json","markdown":"https://secwatch.observer/filing/0001789940-22-000096.md","text":"https://secwatch.observer/filing/0001789940-22-000096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1789940/000178994022000096/0001789940-22-000096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1789940/000178994022000096/fwrg-20221107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T05:43:04.061725+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a623bc7f9cf07ec2aefefc046a617fb0a06ac5e","claim":"First Watch Restaurant Group, Inc. reported the thirteen weeks ended September 25, 2022 results: revenue $186.9 million, net income $46.0 thousand. Guidance raised.","evidence_excerpt":"99.1. --- EX-99.1 (EX-99.1) --- First Watch Restaurant Group, Inc. Reports Strong Q3 2022 Financial Results and Raises Certain of Its Full Year Guidance Total revenues of $186.9 million, up 18.7% compared to prior year Same-restaurant sales growth of 12.0% driven by same-restaurant traffic growth of 3.7% Income from operations margin of 1.4% and restaurant level","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1789940/000178994022000096/0001789940-22-000096-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the thirteen weeks ended September 25, 2022"},{"label":"Revenue","value":"$186.9 million"},{"label":"Net income","value":"$46.0 thousand"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}