First Watch Q2 FY26 net income rises 11.1% to $2.3 million; revenue increases 15.2% to $354.7 million

• First Watch posted Q2 net income of USD 2.3 million, or USD 0.04 per diluted share, up from USD 2.1 million, or USD 0.03.
• Revenue climbed 15.2% to USD 354.7 million, while same-restaurant sales rose 3.4%.
• Same-restaurant traffic slipped 0.4%, though CEO Chris Tomasso said traffic turned positive in June.
• Adjusted EBITDA (non-GAAP) increased to USD 34.5 million from USD 30.4 million.
• Guidance calls for 2026 same-restaurant sales growth of 1.5%-3%, revenue growth of 12.5%-14%, and 60-62 net new restaurants.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Watch Restaurant Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608040700PRIMZONEFULLFEED9802939) on August 04, 2026, and is solely responsible for the information contained therein.