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First Watch Announces Preliminary Q4 And Fiscal 2025 Results Highlighting 3.1% Q4 And 3.6% Full Year Same-Restaurant Sales Growth YoY

Benzinga·01/12/2026 12:11:45
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During the fourth quarter, there were 13 new system-wide restaurant openings consisting of 12 company-owned restaurants and one franchise-owned restaurant.

During 2025, there were 64 system-wide new restaurant openings (55 company-owned and nine franchise-owned), and three closures.

At December 28, 2025, First Watch had 633 system-wide restaurants, consisting of 560 company-owned restaurants and 73 franchise-owned restaurants across 32 states.