For the quarter ending 2026-03-29, FWRG made $330,959K in revenue. -$2,131K in net income. Net profit margin of -0.64%.
| Income Statement | 2026-03-29 | 2025-12-28 | 2025-09-28 | 2025-06-29 |
|---|---|---|---|---|
| Total revenues | 330,959 | 316,352 | 316,022 | 307,887 |
| Food and beverage costs | 74,310 | 71,743 | 69,730 | 71,978 |
| Labor and other related expenses | 110,609 | 105,093 | 102,387 | 101,310 |
| Other restaurant operating expenses | 51,904 | 47,683 | 50,140 | 46,603 |
| Occupancy expenses | 27,410 | 26,939 | 25,891 | 24,809 |
| Pre-opening expenses | 3,057 | 2,953 | 3,813 | 3,507 |
| General and administrative expenses | 39,945 | 31,800 | 33,746 | 33,185 |
| Depreciation and amortization | 21,396 | 20,656 | 19,662 | 18,136 |
| Impairments and loss on disposal of assets | -153 | -137 | -175 | -127 |
| Transaction and restructuring expenses, net | 1,176 | 313 | 428 | 919 |
| Total operating costs and expenses | 329,960 | 307,317 | 305,972 | 300,574 |
| Income from operations | 999 | 9,035 | 10,050 | 7,313 |
| Interest expense | 4,778 | 4,795 | 4,567 | 4,003 |
| Other income, net | 345 | 180 | 191 | 266 |
| Loss before income taxes | -3,434 | 4,420 | 5,674 | 3,576 |
| Income tax benefit | -749 | -10,744 | 2,683 | 1,470 |
| Net loss | -2,685 | 15,164 | 2,991 | 2,106 |
| Unrealized loss (gain) on derivatives | 736 | 51 | 88 | -125 |
| Income tax related to other comprehensive (loss) income | - | 14 | - | - |
| Other comprehensive (loss) income | - | 37 | - | - |
| Income tax related to other comprehensive income (loss) | 182 | - | 22 | -31 |
| Comprehensive loss | -2,131 | 15,201 | 3,057 | 2,012 |
| Basic EPS | -0.04 | 0.249 | 0.05 | 0.03 |
| Diluted EPS | -0.04 | 0.233 | 0.05 | 0.03 |
| Basic Average Shares | 61,243,494 | 61,054,021 | 61,027,278 | 61,005,648 |
| Diluted Average Shares | 61,243,494 | 65,188,937 | 62,834,080 | 62,579,658 |
First Watch Restaurant Group, Inc. (FWRG)
First Watch Restaurant Group, Inc. (FWRG)