For the quarter ending 2025-09-28, FWRG had $1,537K increase in cash & cash equivalents over the period. $5,457K in free cash flow.
| Cash Flow | 2025-09-28 | 2025-06-29 |
|---|---|---|
| Total revenues | 316,022 | - |
| Food and beverage costs | 69,730 | - |
| Labor and other related expenses | 102,387 | - |
| Other restaurant operating expenses | 50,140 | - |
| Occupancy expenses | 25,891 | - |
| Pre-opening expenses | 3,813 | - |
| Stock-based compensation, net of amounts capitalized | 2,877 | - |
| General and administrative expenses | 30,869 | - |
| Depreciation and amortization | 19,662 | - |
| Other segment items | 603 | - |
| Interest expense | 4,567 | - |
| Other income, net | 191 | - |
| Income tax expense | 2,683 | - |
| Net income | 2,991 | 1,277 |
| Depreciation and amortization | 19,662 | 34,693 |
| Stock-based compensation, net of amounts capitalized | 2,877 | 5,049 |
| Non-cash operating lease costs | 8,388 | 15,779 |
| Non-cash loss on extinguishments and modifications of debt | 0 | 0 |
| Deferred income taxes | 2,264 | -466 |
| Gain on insurance proceeds | - | 47 |
| Amortization of debt discount and deferred issuance costs | 171 | 322 |
| Impairments and loss on disposal of assets | -175 | -136 |
| Accounts receivable | 22 | -1,751 |
| Inventory | -286 | 465 |
| Prepaid expenses | -1,684 | 1,319 |
| Other assets, current and long-term | 1,460 | 1,130 |
| Accounts payable | -275 | 545 |
| Accrued liabilities and other long-term liabilities | 2,728 | 8,818 |
| Accrued compensation and deferred payroll taxes | 10,732 | -1,412 |
| Deferred revenues, current and long-term | -911 | -2,659 |
| Other liabilities | 0 | 0 |
| Non-cash portion of gain on lease modifications | - | 0 |
| Operating lease liabilities | -1,455 | -1,302 |
| Net cash provided by operating activities | 47,882 | 59,570 |
| Insurance proceeds | - | 47 |
| Capital expenditures | 42,425 | 77,683 |
| Acquisitions, net of cash acquired | 0 | 54,833 |
| Purchase of intangible assets | 450 | 380 |
| Net cash used in investing activities | -42,922 | -132,849 |
| Proceeds from borrowings on revolving credit facility | 134,500 | 127,000 |
| Repayments of borrowings on revolving credit facility | 135,000 | 91,500 |
| Proceeds from issuance of long-term debt | 0 | 27,500 |
| Repayments of long-term debt, including finance lease liabilities | 2,923 | 4,159 |
| Payment of debt discount and deferred issuance costs | 0 | 0 |
| Proceeds from exercise of stock options, net of employee taxes paid | 0 | 303 |
| Contingent consideration payment | 0 | 0 |
| Net cash provided by financing activities | -3,423 | 59,144 |
| Net (decrease) increase in cash and cash equivalents | 1,537 | -14,135 |
| Cash and cash equivalents at beginning of period | 33,312 | - |
| Cash and cash equivalents at end of period | 20,714 | - |
First Watch Restaurant Group, Inc. (FWRG)
First Watch Restaurant Group, Inc. (FWRG)