First Watch Restaurant Group Inc (NAS:FWRG)

$ 18.93 -0.31 (-1.61%) Market Cap: 1.14 Bil Enterprise Value: 1.71 Bil PE Ratio: 49.82 PB Ratio: 1.99 GF Score: 43/100

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Q3 2021 First Watch Restaurant Group Inc Earnings Call Transcript
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Earnings

Q3 2021 First Watch Restaurant Group Inc Earnings Call Transcript

Nov 09, 2021 / 01:00PM GMT

Release Date Price: $20.49 (-0.97%)

Transcript 10-Q8-K

Operator

Good morning, everyone, and welcome to the First Watch Restaurant Group Third Quarter 2021 Earnings Conference Call. (Operator Instructions) The conference call is being recorded today, November 9, 2021, at 8 AM Eastern Time, and will be archived and available one hour post conference call.

At this time, I would like to turn the conference call over to Raphael Gross, Managing Director of ICR. Please go ahead.

Raphael Gross

ICR - Managing Director

Good morning, everyone, and welcome. I am joined today by First Watch's Chris Tomasso, Chief Executive Officer and President; and Mel Hope, Chief Financial Officer. Last evening, we issued our earnings release for the third quarter ended September 26, 2021, on GlobeNewswire, and filed our quarterly report on Form 10-Q, and earnings release on Form 8-K with the SEC. These documents can be found at investors.firstwatch.com.

So let me now first cover a few housekeeping matters before introducing Chris. During our prepared remarks and in responses to your questions, certain items may be discussed, which

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