Latest news with #FirstWatch
Yahoo
4 days ago
- Business
- Yahoo
First Watch reports Q2 growth and achieves busiest day in company history
You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. First Watch Restaurant Group Inc. reported a robust second quarter of sales and traffic growth, mainly driven by the company's continued development and franchise acquisition efforts, as well as a marketing push that began earlier this year. While First Watch's in-restaurant traffic was still negative for the second quarter ended June 29, same-store sales grew by 3.5% and the company recorded its busiest day in company history on Mother's Day 2025, with record-breaking same-store sales and traffic numbers on that day. 'I think Mother's Day and Father's Day were really just high points of what we experienced the whole quarter, which was sequential growth in all dayparts,' First Watch CEO Chris Tomasso told Nation's Restaurant News. 'From our conservatism around pricing, to increasing our brand awareness through marketing efforts, I think all of these things have set us up to outperform in a challenging environment.' First Watch began focusing more on marketing efforts and specifically on increasing brand awareness earlier this year. Tomasso said the company is working on conversions (or splitting wallet share) of people who are already daytime casual-dining customers. 'We're using everything from influencers to connected television to organic, digital and social media,' he said. 'If you have this cocktail of things that are working, then don't change it. … This is early innings for us. We're going to continue to learn and iterate as we go on and get better.' Beyond marketing initiatives, First Watch's second quarter was largely defined by continued growth. In the past quarter, the company entered its 31st state (Idaho) and opened 17 restaurants across eight states while achieving a 600-store milestone. Out of the 17 new restaurants, 15 are company-owned, which reflects the company's broader strategy of leaning away from a franchise-heavy portfolio. 'If you look historically at when high-growth restaurant companies stumbled, it's usually because they grew too fast,' Tomasso said. 'As we grow, we work hard to make our culture stronger and not get diluted because of growth and new people coming into the organization. … These [franchise] acquisitions have come in pockets when we've opened a lot of restaurants, then there's a little lull, we acquire [some franchised stores] and then we go back to growth.' Another avenue of growth for First Watch was third-party delivery, which Tomasso said during Tuesday's earnings call, helped contribute to improved traffic numbers. He said third-party delivery 'increased materially' in the second quarter as part of the company's efforts to improve that channel, regain some lost traffic, and 'generate incremental dollars.' For the second quarter ended June 29, First Watch reported a 19.1% increase in revenue to $307.9 million. Net income swung to a loss of $2.1 million, or three cents per diluted share, as compared with $8.9 million, or 14 cents per share, in the same quarter of 2024. First Watch operates 531 company-owned and 69 franchise-owned restaurants across 31 states. Contact Joanna at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time Business News
24-07-2025
- Health
- Time Business News
Discover the Full First Watch Menu A Fresh Start to Every Day!
When you are looking for a delicious and satisfying meal to your day look no further than the First Watch Menu. Also Known for its fresh ingredients, health-conscious options, and cozy cafe style dining, First Watch has become a favorite morning stop for many across the U.S. What Makes the First Watch Menu Special? The First Watch Menu is all about don't use deep fryers or heat lamps everything is made to order. From their signature 'Avocado Toast' to hearty omelets and power bowls, each item is packed with flavor and nutrition. Their chefs believe in serving food that energizes you, which is on their menu includes a range of protein packed dishes, fresh veggies, seasonal. fruits, and whole grains. First Watch Breakfast Favorites Whether you're an early riser or a brunch lover, First Watch has something for every taste: 1: The Traditional Breakfast,Two cage-free eggs, toast, potatoes, and your choice of bacon or sausage. 2: Farm Stand Breakfast Tacos,Scrambled eggs, chorizo, avocado, and pico de gallo, served in warm tortillas. 3: Million Dollar Bacon Candied bacon with a hint of spice a crowd favorite! First Watch Lunch Offerings Lunchtime at First Watch is a exciting. The lunch menu dishes: 1: Monterey Club Sandwich, Roasted turkey, bacon, avocado, and tomato on thick cut grain. 2: Superfood Kale Salad – A nutritious blend of kale, quinoa, carrots, and slivered almonds with maple-lemon vinaigrette. 3: Chicken Avocado Chop Salad,Fresh greens, grilled chicken, and creamy avocado are perfect for a light and filling meal. 4: Refreshing Drinks & Seasonal Specials Don't forget to try their freshly brewed Project Sunrise Coffee or one of their popular juices like: 5: Morning Meditation:A refreshing mix of orange, lemon, turmeric, and beet. 6: Kale Tonic:A healthy blend of kale, Fuji apple, and cucumber. First Watch also updates their menu seasonally, so there always something new to try! Family Friendly and Health-Conscious: The First Watch Menu isn't just for adults they have a kid-friendly menu with pancakes, scrambled eggs and fresh fruit. Also if you're watching your calories or prefer gluten-free options, they have covered. Final Thoughts on the First Watch Menu When you after a classic breakfast, a light salad, or something adventurous like a power bowl or breakfast tacos, the First Watch Menu delivers fresh flavors every time. TIME BUSINESS NEWS
Yahoo
11-07-2025
- Business
- Yahoo
Why First Watch (FWRG) Stock Is Trading Lower Today
Shares of breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) fell 5% in the pre-market session after continued negative momentum as a filing showed that investment firm Brown Advisory Inc. sold its position in the company. According to a report on July 10, the investment firm sold 32,341 shares of the restaurant group. While the size of this single transaction is modest, it comes on the heels of a much larger sale by a key insider. In early June, major shareholder Advent International sold 4.5 million shares, a transaction totaling over $66 million. This pattern of selling by both institutional investors and major insiders can create downward pressure on a stock, as it may lead other investors to question the company's near-term growth prospects. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy First Watch? Access our full analysis report here, it's free. First Watch's shares are very volatile and have had 28 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. First Watch is down 6.6% since the beginning of the year, and at $17.55 per share, it is trading 21.1% below its 52-week high of $22.23 from February 2025. Investors who bought $1,000 worth of First Watch's shares at the IPO in September 2021 would now be looking at an investment worth $793.04. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Eater
11-07-2025
- Business
- Eater
Las Vegas Loses Three Restaurants With Plant-Based Menus
Three restaurants that catered to vegans, Meatless Monday enthusiasts, and vegetable lovers shuttered across the Las Vegas Valley in the past week, including local favorite NoButcher and the mushroom-forward eatery Chagaroot. NoButcher announced the closure of both its locations — on South Rainbow Boulevard near Spring Mountain Road and its three-month-old outpost on Saint Rose Parkway in Henderson — via Instagram on Monday, July 7. The plant-based deli, known for its vegan takes on classic sandwiches like pulled pork and pastrami with Swiss, cited unforeseen challenges, including underperforming sales and undisclosed building issues. 'This may only be temporary, but for now, we are taking a step back,' the post reads. 'Sales are 30 percent lower than what we were originally told,' the post added, noting that the concept 'isn't gone forever.' Chagaroot, which closed on Thursday, July 3, primarily focused on plant-based fare — particularly mushrooms — but also offered meat add-ons such as salmon, chicken, and steak. The Henderson restaurant featured vegan chicken sandwiches, crispy nuggets, and smoothies made with tropical fruits and mycelium mix or cordyceps mushrooms. A farewell Instagram post reads, 'From the bottom of our hearts, thank you for being part of this journey.' The Vegas-based brand continues to sell its mushroom protein powder online. Japanese tea shop debuts in Vegas Japan-based tea shop Nana's Green Tea has landed in Las Vegas. The matcha used at the shop is stone-ground in Uji or Shizuoka before arriving at the new location at 6925 South Buffalo Drive, Unit 140, near Warm Springs Road. Matcha is available in lattes, floats, sodas, soft serve with chocolate, and parfaits layered with black sesame. First Watch makes first appearance First Watch, a daytime café with nearly 600 locations across the country, is bringing casual brunches to Las Vegas. The first of three planned locations opens this August at 1020 East Craig Road in North Las Vegas. The menu includes smoked salmon eggs Benedict, lemon ricotta pancakes, quinoa breakfast bowls, kale salads, and roast beef and horseradish Havarti sandwiches.
Newsweek
03-07-2025
- Entertainment
- Newsweek
Best Breakfast Chain
Another Broken Egg Cafe Photo courtesy of Brett_Hondow/iStock by Getty Images Photo courtesy of Brett_Hondow/iStock by Getty Images Another Broken Egg Cafe has been toasting the morning with mimosas and omelets since 1996. Foodies love to brunch here thanks to an upscale twist on Southern staples, so if you think shrimp should go with grits and chicken tastes great with waffles, this place gives your favorite comfort food a chef's kiss. Order a sugary beignet and a peach mocktail or blackberry mule to round out your high-cotton meal. Big Bad Breakfast (BBB) Photo courtesy of Big Bad Breakfast Photo courtesy of Big Bad Breakfast What happened when a James Beard Award–winning chef from New Orleans turned his attention to the most important meal of the day? Big Bad Breakfast was born. Plates piled high with andouille sausage, eggs fixed however you like, cheese-covered hash cakes made from scratch—it's the Big Easy way to start your day. As amazing as the popular Bloody Marys are, the fresh, fluffy biscuits are BBB's buttery stars. Broken Yolk Cafe Photo courtesy of Fudio/iStock by Getty Images Photo courtesy of Fudio/iStock by Getty Images For nearly 50 years, it's where Californians have fueled up for a day on the waves: Broken Yolk Cafe is a West Coast favorite for its decadent eggs Benedict and healthy choices like smoked salmon and avocado toast. Cal-Mex flavors of spicy chorizo and salsa verde pair perfectly with pomegranate juice or a Tajin-rimmed Bloody Mary. The restaurant's open for lunch too, great for a burger in the Cali sunshine. Call Your Mother Deli Photo courtesy of Call Your Mother Deli Photo courtesy of Call Your Mother Deli With locations in Denver and the greater D.C. area, Call Your Mother Deli packs a tasty punch despite its small footprint. Its whimsical take on create-your-own bagels (make a pastrami potato chip bagel schmeared with hummus if you'd like!) just might turn you into a morning person. Not sure how to assemble your bagel? The deli has plenty of suggestions, like the Royal Palm with smoked salmon and capers. Eggs Up Grill Photo courtesy of rez-art/iStock by Getty Images Photo courtesy of rez-art/iStock by Getty Images A warm smile and hot coffee await at your neighborhood Eggs Up Grill. The well-over-a-hundred restaurants sprinkled throughout the South have cracked the code for a simple, award-winning breakfast, serving farm-fresh eggs cooked to order and classics like biscuits and gravy done deliciously. But if you want to eat on the wilder side, try a Melty Cristo with spicy honey or a Crab-Ocado Scrambler with crab cakes. First Watch Photo courtesy of Robin Gentry/iStock by Getty Images Photo courtesy of Robin Gentry/iStock by Getty Images Good mornings start at First Watch, a 1980s California gathering spot that's gone national with its hearty and healthy take on breakfast. From French toast topped with fresh fruit to a trio of breakfast tacos, First Watch delivers—to your table and your front door! The company gives back to every community it whisks up pancakes in, so you can feel good about downing that second plate of Million Dollar Bacon. Hash House A Go Go Image courtesy of Hash House A Go Go Image courtesy of Hash House A Go Go Hash House A Go Go calls its style "twisted farm food," and it's easy to see why: sage fried chicken stacked precariously high on a waffle, a pork tenderloin sandwich you might need three hands to eat and Snickers pancakes the size of a tractor's steering wheel. Still have room after a crab cake-stuffed burger? The restaurant's famous B.L.T. Mary cocktail is a hearty meal in itself. Maple Street Biscuit Company Photo courtesy of Christian Gomez/iStock by Getty Images Photo courtesy of Christian Gomez/iStock by Getty Images Maple Street Biscuit Company believes a warm welcome each morning is a must, and that the humble biscuit can be so much more. Throughout the menu, you'll find quirky, flavor-filled creations—like the fried chicken, goat cheese and pepper jelly biscuit featured on Food Network's Guilty Pleasures. Your biscuit isn't complete without a handcrafted drink, from maple vanilla lattes and sweet cream cold brew to hot honey lemonade and fruit tea. Ruby Slipper Photo courtesy of Page Light Studios/iStock by Getty Images Photo courtesy of Page Light Studios/iStock by Getty Images Seasonal mimosa flights, six kinds of eggs Benedict, sugar-glazed bacon called pig candy—there's no place like Ruby Slipper for a one-of-a-kind brunch. This New Orleans–based café has begun to expand, doling out its fried green tomatoes and Gulf shrimp omelets to the rest of the South. Perhaps the chain's most delightful feature is its dog-friendly menu: order your goodest boy a banana pupcake or an egg and chicken sausage scramble. Snooze, an A.M. Eatery Photo courtesy of Jaana Brown/iStock by Getty Images Photo courtesy of Jaana Brown/iStock by Getty Images If you Snooze, you definitely won't lose! You'll have a winning morning with the eatery's 1950s diner vibe and crazy pancakes (care to tackle a stack of pineapple upside-down pancakes?). For something savory, try a lean protein scramble or a hearty plate of hash browns covered in cheddar. All ingredients are responsibly sourced, so your nitro cold brew goes toward planting trees and making the planet a better place. The Friendly Toast Photo courtesy of HHLtDave5/iStock by Getty Images Photo courtesy of HHLtDave5/iStock by Getty Images It's Saturday night, and you're in the mood for brunch. Where can you go? The Friendly Toast. Many locations of this playful New England restaurant are open all day on weekends so you can get your fill from its creative menu. Whether you want spicy salmon bagels, an avocado rice bowl with Doritos, deep-fried tater tots or simple blueberry pancakes, you're sure to find something to satisfy your breakfast-for-dinner craving. The Original Pancake House Photo courtesy of fdastudillo/iStock by Getty Images Photo courtesy of fdastudillo/iStock by Getty Images The family-owned Original Pancake House has been an icon in the breakfast world for over 70 years, spreading its famous apple pancakes and golden Dutch baby pancakes across the country. Everything's made from scratch using the finest ingredients and a family sourdough recipe. If a sugar-glazed meal of flapjacks sounds too sweet, opt for corned beef hash or a ham omelet—though every savory meal still comes with pancakes! The Toasted Yolk Cafe Photo courtesy of Ali Waxman/iStock by Getty Images Photo courtesy of Ali Waxman/iStock by Getty Images Let's thank Texas for sharing the churro doughnuts and brisket tacos from The Toasted Yolk Cafe with the rest of the South. Its dozens of cafés, mostly along the Gulf Coast, have breakfast lovers up at sunrise for chicken-fried steak with eggs or healthy Southwest breakfast bowls. Rather sleep in? Then stop by for lunch, where patty melts and strawberry salads will deliciously fuel your day. Waffle House Photo courtesy of jetcityimage/iStock by Getty Images Photo courtesy of jetcityimage/iStock by Getty Images A highway landmark that's as essential to Southern culture as grits and football, Waffle House has been serving late-night road trippers and traveling sports teams since 1955. Open 24 hours, its nearly 2,000 diners are famous for their friendly service and their smothered, covered and chunked hash browns. And it's affordable—the popular All-Star Special breakfast is big enough to split (though you may want the pecan waffle for yourself). Yolk Photo courtesy of Daniel Huang/iStock by Getty Images Photo courtesy of Daniel Huang/iStock by Getty Images One man's dream of an upscale breakfast place in downtown Chicago produced Yolk. With just over a dozen locations, this small chain is steadily growing because of unique dishes like breakfast mac 'n' cheese and red velvet French toast. There are loads of drink options, from strawberry orange juice and matcha lattes to flavored coffee syrups—but Yolk's signature coffee is so good, you may want to skip the extra flavor.
