<- Go home

Added to YB: 2025-01-22

Pitch date: 2025-01-20

FWRG [bullish]

First Watch Restaurant Group, Inc.

-8.96%

current return

Author Info

No bio for this author

Company Info

First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States.

Market Cap

$994.8M

Pitch Price

$17.97

Price Target

N/A

Dividend

N/A

EV/EBITDA

9.64

P/E

203.50

EV/Sales

1.67

Sector

Hotels, Restaurants and Leisure

Category

growth

Show full summary:
ClearBridge Small Cap Strategy New Position: First Watch Restaurant Group, Inc.

FWRG: Fast-casual breakfast/lunch chain with strong growth profile. Low labor costs & focused menu enable attractive margins. 20% of locations in FL, hurricane concerns caused pullback. Capitalized on dip to initiate position. Avoiding dinner service key to profitability.

Read full article (1 min)