Reports Q3 revenue $219.2M, consensus $215.83M. “First Watch delivered impressive Q3 revenue and earnings results,” said Chris Tomasso, First Watch CEO and President. “We grew share while delivering total revenue growth of 17.3%, same-restaurant sales growth of 4.8% and Adjusted EBITDA growth of more than 25.0%. The ability of our teams to consistently execute at a high level, coupled with our strong brand positioning, underpins my confidence in our potential to quadruple our restaurant count and successfully navigate within virtually any economic environment.”
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