| Income Statement | 2025-09-28 | 2025-06-29 | 2025-03-30 | 2024-09-29 |
|---|---|---|---|---|
| Total revenues | 316,022 | 307,887 | 282,240 | 251,609 |
| Food and beverage costs | 69,730 | 71,978 | 66,647 | 55,865 |
| Labor and other related expenses | 102,387 | 101,310 | 96,754 | 83,756 |
| Other restaurant operating expenses | 50,140 | 46,603 | 44,259 | 38,891 |
| Occupancy expenses | 25,891 | 24,809 | 23,149 | 21,075 |
| Pre-opening expenses | 3,813 | 3,507 | 2,660 | 2,387 |
| General and administrative expenses | 33,746 | 33,185 | 30,219 | 27,680 |
| Depreciation and amortization | 19,662 | 18,136 | 16,557 | 15,153 |
| Impairments and loss on disposal of assets | -175 | -127 | -9 | -114 |
| Transaction expenses, net | 428 | 919 | 873 | 375 |
| Total operating costs and expenses | 305,972 | 300,574 | 281,127 | 245,296 |
| Income from operations | 10,050 | 7,313 | 1,113 | 6,313 |
| Interest expense | 4,567 | 4,003 | 3,334 | 3,441 |
| Other income, net | 191 | 266 | 684 | 624 |
| Income before income taxes | 5,674 | 3,576 | -1,537 | 3,496 |
| Income tax expense | 2,683 | 1,470 | -708 | 1,384 |
| Net income | 2,991 | 2,106 | -829 | 2,112 |
| Unrealized gain (loss) on derivatives | 88 | -125 | -883 | -3,560 |
| Income tax related to other comprehensive income (loss) | 22 | -31 | -220 | -888 |
| Comprehensive income (loss) | 3,057 | 2,012 | -1,492 | -560 |
| Net income per common share - basic (in dollars per share) | 0.05 | 0.03 | -0.01 | 0.03 |
| Net income per common share - diluted (in dollars per share) | 0.05 | 0.03 | -0.01 | 0.03 |
| Weighted average common shares outstanding - basic (in shares) | 61,027,278 | 61,005,648 | 60,767,401 | 60,428,016 |
| Weighted average common shares outstanding - diluted (in shares) | 62,834,080 | 62,579,658 | 60,767,401 | 61,851,127 |
First Watch Restaurant Group, Inc. (FWRG)
First Watch Restaurant Group, Inc. (FWRG)