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First Watch Restaurant Group (FWRG) guidance history: what it guided and what it reported

First Watch Restaurant Group gave guidance in 3 earnings releases on file since May 5, 2026. Its releases raised guidance twice and lowered it once.

Capital expenditures

Every guided period is still to be reported.

PeriodGuided (and how it moved)ReportedResultvs midpoint
FY2026$150M–$160M (May 5, 2026) → lowered $145M–$150M (Aug 4, 2026) → lowered $145M (Nov 3, 2026)—to be reported—

The latest quarter

First Watch Restaurant Group, Q3 2026: revenue $350M (+11% year over year), operating margin 3.2%, net earnings $4.8M, operating cash flow $48.5M. The chart follows the revenue to costs, profit and cash.

Questions

Does First Watch Restaurant Group beat its guidance?

First Watch Restaurant Group gave guidance in 3 earnings releases on file since May 5, 2026. Its releases raised guidance twice and lowered it once.

How often does First Watch Restaurant Group raise guidance?

Its earnings releases raised guidance twice and lowered it once since May 5, 2026.

Latest guidance and outlook →

Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.