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First Watch Restaurant Shares Rise Amid Higher Q1 Revenue

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-- First Watch Restaurant (FWRG) shares were up 3.9% in early Tuesday trading after the company reported higher Q1 revenue.

The company reported a Q1 net loss of $0.04 per diluted share, widening from a loss of $0.01 a year earlier.

Analysts polled by FactSet expected a loss of $0.04.

Revenue for the quarter ended March 31 was $331 million, up from $282.2 million a year earlier.

Analysts surveyed by FactSet expected $329.4 million.

For 2026, the company reiterated its total revenue growth forecast of 12% to 14%.

Price: $12.40, Change: $+0.19, Percent Change: +1.56%

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