---
schema_version: "secwatch.filing_event.v1"
accession: "0001789940-25-000002"
form_type: "8-K"
ticker: "FWRG"
cik: "0001789940"
company_name: "First Watch Restaurant Group, Inc."
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T03:42:47.166801+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# First Watch Q4 same-restaurant sales -0.3%, traffic -3%; 25 new openings

## Summary
- Q4 same-restaurant sales fell 0.3% YoY; traffic declined 3.0%.
- Full-year same-restaurant sales -0.5%; traffic -4.0% (52 weeks).
- Opened 25 new system-wide restaurants in Q4 (23 company, 2 franchise).
- Year-end system total: 572 restaurants (489 company, 83 franchise).
- CEO says Q4 same-restaurant metrics at upper end of expected range.

## SEC filing metadata
- accession: 0001789940-25-000002
- form_type: 8-K
- ticker: FWRG
- cik: 0001789940
- company_name: First Watch Restaurant Group, Inc.
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789940/000178994025000002/0001789940-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789940/000178994025000002/fwrg-20250113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001789940-25-000002
- JSON: https://secwatch.observer/filing/0001789940-25-000002.json
- Plain text: https://secwatch.observer/filing/0001789940-25-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.