secwatch.observer — SEC 8-K summary
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Issuer:     First Watch Restaurant Group, Inc. (FWRG)
CIK:        0001789940
Form:       8-K
Filed at:   2025-01-13T23:59:59+00:00
Accession:  0001789940-25-000002
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789940/000178994025000002/0001789940-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789940/000178994025000002/fwrg-20250113.htm
  HTML page:      https://secwatch.observer/filing/0001789940-25-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer