First Watch Q4 same-restaurant sales +7.7%, FY +14.5%; traffic -0.6% in Q4

First Watch Restaurant Group, Inc.

2022-FY EPS reported $0.11 revenue$730,162,000

Q4 same-restaurant sales growth 7.7%; fiscal year 2022 same-restaurant sales growth 14.5%.
Q4 same-restaurant traffic growth negative 0.6%; fiscal year traffic growth positive 7.7%.
Hurricane Ian negatively impacted Q4 same-restaurant sales and traffic by at least 0.7%.
Opened 43 system-wide restaurants in 2022 (29 company-owned, 14 franchise); total 474 at year-end.
No GAAP financial results provided; preliminary operational metrics only.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

First Watch Restaurant Group, Inc. reported preliminary financial results for the fourth quarter and fiscal year ended December 25, 2022.

Period: the fourth quarter and fiscal year ended December 25, 2022
Result: preliminary results

Exact text from the filing

On January 9, 2023, First Watch Restaurant Group, Inc. (the “Company”) issued a press release announcing certain preliminary operational results for the fourth quarter and fiscal year ended December 25, 2022.

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First Watch Restaurant Group, Inc. filing history →

Source: SEC EDGAR

accession 0001789940-23-000004

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