{"schema_version":"secwatch.filing_event.v1","accession":"0001789940-25-000085","form_type":"8-K","ticker":"FWRG","cik":"0001789940","company_name":"First Watch Restaurant Group, Inc.","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.471701+00:00","generated_at":"2026-05-17T00:40:44.950370+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 up 25.6% to $316M; Adj. EBITDA $34.1M, raises FY25 guide","bullets":["Total revenues $316.0M (+25.6% YoY); system-wide sales $352.7M (+20.9%).","Same-restaurant sales +7.1%, traffic +2.6%; restaurant-level OP margin 19.7% (up from 18.9%).","Net income $3.0M ($0.05 diluted EPS) vs $2.1M ($0.03); Adj. EBITDA $34.1M vs $25.6M.","Opened 21 new system-wide restaurants in 14 states; total system count 620.","FY2025 adjusted EBITDA guidance raised to ~$123M (high end of prior range)."],"urls":{"canonical":"https://secwatch.observer/filing/0001789940-25-000085","json":"https://secwatch.observer/filing/0001789940-25-000085.json","markdown":"https://secwatch.observer/filing/0001789940-25-000085.md","text":"https://secwatch.observer/filing/0001789940-25-000085.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1789940/000178994025000085/0001789940-25-000085-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1789940/000178994025000085/fwrg-20251104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:40:44.950370+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}