secwatch.observer — SEC 8-K summary
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Issuer:     First Watch Restaurant Group, Inc. (FWRG)
CIK:        0001789940
Form:       8-K
Filed at:   2026-08-04T11:02:14+00:00
Accession:  0001789940-26-000089
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Watch Q2 revenue up 15.2% to $354.7M; same-restaurant sales +3.4%
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- Total revenues $354.7M (+15.2% YoY); system-wide sales $397.0M (+14.7%).
- Same-restaurant sales growth 3.4%; traffic -0.4% but turned positive in June.
- Net income $2.3M ($0.04 diluted EPS) vs $2.1M ($0.03) a year ago.
- Adjusted EBITDA $34.5M vs $30.4M; Restaurant Level Operating Profit Margin 18.8% (up 20 bps).
- Opened 18 system-wide restaurants; total 665 (586 company-owned, 79 franchise) across 33 states.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789940/000178994026000089/0001789940-26-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789940/000178994026000089/fwrg-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001789940-26-000089

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