First Watch Restaurant Group (First Watch Restaurant Group) Same Store Sales % : 0.50% (As of Mar. 2024)

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What is First Watch Restaurant Group Same Store Sales %?

Same Store Sales %, also known as comparable-store sales, is the most important financial metric for restaurant operators to evaluate the performance of existing stores. It is the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales were generated in the same store compared with the previous period, meaning demand is growing, while a negative number indicates the opposite.

First Watch Restaurant Group's Same Store Sales % for the quarter that ended in Mar. 2024 was 0.50% , which is lower than 5.00% for the pervious quarter ended in Dec. 2023.

First Watch Restaurant Group's Same Store Sales % for the annual that ended in Dec. 2023 was 7.60% , which is lower than 14.50% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for First Watch Restaurant Group's Same Store Sales % or its related term are showing as below:

FWRG's Same Store Sales % is not ranked ^*
in the Restaurants industry.
Industry Median:
* Ranked among companies with meaningful Same Store Sales % only.

First Watch Restaurant Group Same Store Sales % Historical Data

The historical data trend for First Watch Restaurant Group's Same Store Sales % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Watch Restaurant Group Same Store Sales % Chart

First Watch Restaurant Group Annual Data

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First Watch Restaurant GroupQuarterly Data

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Competitive Comparison of First Watch Restaurant Group's Same Store Sales %

For the Restaurants subindustry, First Watch Restaurant Group's Same Store Sales %, along with its competitors' market caps and Same Store Sales % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Watch Restaurant Group (NAS:FWRG) Same Store Sales % Explanation

A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand demand is growing, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.

For restaurants, same-store sales can be improved by two factors: average ticket size and customer traffic. If each customer buys more on average, the average ticket size will increase. If more customers are buying from the store, the number of tickets will increase.

First Watch Restaurant Group Same Store Sales % Related Terms

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First Watch Restaurant Group (First Watch Restaurant Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » First Watch Restaurant Group Inc (NAS:FWRG) » Definitions » Same Store Sales %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8725 Pendery Place, Suite 201, Bradenton, FL, USA, 34201

Website

https://www.firstwatch.com

First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. It generates revenues from Restaurant sales and Franchise revenues.

Executives

William A Kussell	director	C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET 29TH FLOOR, BOSTON MA 02109
Christopher Anthony Tomasso	director, officer: President and CEO	C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Matthew Eisenacher	officer: Chief Brand Officer	8725 PENDERY PLACE, STE. 201, BRADENTON FL 34201
Irene Chang Britt	director	CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Advent International Corp/ma	10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
David Paresky	director	ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Tricia Glynn	director	C/O ADVENT INERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent International Gp, Llc	10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Michael James White	director	C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent Partners Gpe Vii-b Cayman Limited Partnership	10 percent owner	C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET, BOSTON MA 02109
Stephanie Lilak	director	C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021
Hope H Melville Iii	officer: CFO and Treasurer	AFC ENTERPRISES INC, SIX CONCOURSE PKWY STE 1700, ATLANTA GA 30328-5352
Middleton Calum Alasdair Johnstone	officer: Chief Strategy Officer	C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Gpe Viii Gp Limited Partnership	10 percent owner	C/O ADVENT INTERNATIONAL CORP., 75 STATE STREET, BOSTON MA 02109
Gpe Viii Gp S.a.r.l.	10 percent owner	CO ADVENT INTERNATIONAL, 800 BOYLSTON STREET, BOSTON MA 02199