What is FWRG's market cap?

$841.14M, based on the Nov 3 close of $13.63.

What is FWRG's P/E ratio?

47.2× trailing-twelve-month earnings of $17.81M.

Does First Watch Restaurant Group pay a dividend?

No regular cash dividend has been paid in the last year.

How much of FWRG is sold short?

6.4M shares, 11.1% of float, as of Oct 15, 2026.

What sector is FWRG in?

Consumer Discretionary, in the Restaurants & Hospitality industry.

NASDAQ · FWRGConsumer DiscretionaryRestaurants & Hospitality

First Watch Restaurant Group, Inc. Common Stock (FWRG)

$13.63+5.25%

Close Nov 3, 2026 · split-adjusted

Nov 3, 2026$13.63▼ 14.01% in range

Nov 3, 2025Low $10.11 · High $18.56Nov 3, 2026

What changed · written from our data

As of Nov 3, 2026

First Watch Restaurant Group closed at $13.63 on Nov 3, up 5.25%, 26.6% below its 52-week closing high. Volume of 3.5M shares was 1.81× its 20-day average (above normal).

Split-adjusted performance: +29.7% over one month, +11.9% over six months, -17.3% over one year.

In the quarter ended Jun 28, 2026, revenue was $354.67M, up 15.2% from a year earlier, with a net margin of 0.7%.

Short interest was 6.4M shares at the Oct 15 settlement, down 4.9% from the prior report (11.1% of float, 3.6 days to cover).

Market cap$841.1M61.7M shares

Revenue · quarter$354.7M+15.2% YoY

Diluted EPS$0.04+33.3% YoY

P/E · TTM47.2×P/S 0.6×

Net margin0.7%Gross 68.7%

Dividend yieldNone

52-week range10.11 – 18.56−26.6% from high

Volume3.5M1.81× 20-day avg

Volatility · 60d53.1%Annualised

Short % of float11.1%3.6 days to cover

Net cash-$272.0MCash $20.5M

Next earnings—Not scheduled

Split-adjusted performance

1W +22.9%1M +29.7%3M +6.0%6M +11.9%YTD −9.6%1Y −17.3%3Y −18.6%5Y −37.8%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Restaurants & Hospitality

Percentile among 45 companies (100 = best)

6-month momentum58

Revenue growth88

Net margin24

Value (low P/E)29

Size48

Industry medians: 6-month return +6.1%, revenue growth +3.9%, net margin 5.4%, P/E 30.6×.

Short interest

Details →

Shares short6.4M−4.9% vs prior

Days to cover3.6Settled Oct 15

% of float11.1%

Short vol. 10d37.9%of daily volume

Closest peers by size in Restaurants & Hospitality

Company	Price	Today	6M	Rev. growth	Net margin	P/E	Mkt cap
FWRGFirst Watch Restaurant Group	$13.63	+5.25%	+11.9%	+15.2%	0.7%	47.2	$841.1M
BLMNBloomin' Brands	$10.23	−6.15%	+77.6%	+1.3%	3.1%	31.7	$875.9M	Compare
CNNECannae Holdings	$17.65	+0.57%	+29.1%	−7.3%	36.7%	—	$765.6M	Compare
BH.ABiglari Holdings	$1,787.91	−6.57%	+16.2%	+7.9%	36.8%	—	$1.14B	Compare
PZZAPapa John's International	$18.56	−1.80%	−46.7%	−8.8%	1.7%	22.4	$611.0M	Compare
BHBiglari Holdings	$371.81	−4.23%	+27.4%	+7.9%	36.8%	—	$1.18B	Compare
BJRIBJ's Restaurants	$60.62	−3.99%	+58.4%	+6.4%	4.8%	31.5	$1.29B	Compare
SGSweetgreen	$11.41	−0.52%	+67.3%	+3.8%	−13.6%	99.4	$1.36B	Compare
WENThe Wendy's	$7.27	+0.14%	+10.0%	+1.7%	5.7%	11.0	$1.39B	Compare

News about First Watch Restaurant Group

All news →

First Watch Restaurant Group, Inc. (FWRG) Q3 Earnings Surpass EstimatesZacks Investment Research · 1d agoNeutral Are Options Traders Betting on a Big Move in First Watch Restaurant Group Stock?Zacks Investment Research · Oct 7, 2026▼ Negative Why First Watch Restaurant Stock Popped TodayThe Motley Fool · May 5, 2026▲ Positive

Quick answers

What does First Watch Restaurant Group do?: First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. The company generates revenues from Restaurant sales and Franchise revenues.
What is FWRG's market cap?: $841.14M, based on the Nov 3 close of $13.63.
What is FWRG's P/E ratio?: 47.2× trailing-twelve-month earnings of $17.81M.
Does First Watch Restaurant Group pay a dividend?: No regular cash dividend has been paid in the last year.
How much of FWRG is sold short?: 6.4M shares, 11.1% of float, as of Oct 15, 2026.
What sector is FWRG in?: Consumer Discretionary, in the Restaurants & Hospitality industry.

About First Watch Restaurant Group

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

HQ: Bradenton, FL17,500 employeesListed Oct 1, 2021firstwatch.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology