First Watch opens a new restaurant in North Las Vegas, offering chef-driven breakfast and brunch in a community-focused atmosphere.
Quiver AI Summary
First Watch Restaurant Group, Inc. has opened its first location in North Las Vegas, offering a chef-driven menu focused on made-to-order breakfast, brunch, and lunch. The restaurant features a bright, modern space accommodating over 200 guests and highlights a commitment to fresh ingredients and community engagement, with items like Lemon Ricotta Pancakes and Million Dollar Bacon. To celebrate the opening, customers can enjoy a complimentary cup of Project Sunrise coffee, which supports women coffee farmers in South America, from September 15 to 20. The restaurant is part of First Watch's broader initiative to redefine daytime dining across its locations in 32 states, offering a rotating seasonal menu and fostering a sense of community involvement.
Potential Positives
- First Watch has expanded its presence by opening a new restaurant in North Las Vegas, marking its entry into the Nevada market.
- The Craig Road location features a modern dining environment and can accommodate over 200 customers, promoting community gathering.
- The restaurant emphasizes its commitment to fresh ingredients and healthy dining options, aligning with current consumer trends towards healthier eating habits.
- To celebrate its opening, First Watch is offering customers a complimentary cup of Project Sunrise coffee with their meal, showcasing its socially responsible sourcing practices.
Potential Negatives
- None
FAQ
What are the hours of operation for First Watch in North Las Vegas?
First Watch is open daily from 7 a.m. to 2:30 p.m. for dine-in, pickup, and delivery.
Where is the new First Watch location in North Las Vegas?
The new restaurant is located at 1020 E. Craig Road, North Las Vegas, NV.
What dishes are popular at First Watch?
Popular dishes include The Traditional, Farmhouse Hash, Lemon Ricotta Pancakes, and Million Dollar Bacon.
Is First Watch committed to using fresh ingredients?
Yes, all dishes are made to order with fresh ingredients, and no heat lamps or microwaves are used.
What is Project Sunrise coffee at First Watch?
Project Sunrise is a socially responsible coffee sourced from women coffee farmers in South America.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FWRG Congressional Stock Trading
Members of Congress have traded $FWRG stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FWRG stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 05/15.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$FWRG Insider Trading Activity
$FWRG insiders have traded $FWRG stock on the open market 7 times in the past 6 months. Of those trades, 1 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $FWRG stock by insiders over the last 6 months:
- INTERNATIONAL, L.P. ADVENT has made 0 purchases and 3 sales selling 13,900,000 shares for an estimated $232,398,000.
- CHRISTOPHER ANTHONY TOMASSO (President and CEO) has made 0 purchases and 3 sales selling 183,692 shares for an estimated $3,222,764.
- CHARLES JEMLEY purchased 15,000 shares for an estimated $247,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FWRG Hedge Fund Activity
We have seen 104 institutional investors add shares of $FWRG stock to their portfolio, and 84 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ADVENT INTERNATIONAL, L.P. removed 4,500,000 shares (-23.4%) from their portfolio in Q2 2025, for an estimated $72,180,000
- FOXHAVEN ASSET MANAGEMENT, LP removed 1,849,570 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $29,667,102
- RIVERBRIDGE PARTNERS LLC added 1,279,544 shares (+inf%) to their portfolio in Q2 2025, for an estimated $20,523,885
- LOOMIS SAYLES & CO L P added 1,144,014 shares (+inf%) to their portfolio in Q2 2025, for an estimated $18,349,984
- MANUFACTURERS LIFE INSURANCE COMPANY, THE added 796,191 shares (+51.7%) to their portfolio in Q2 2025, for an estimated $12,770,903
- BALYASNY ASSET MANAGEMENT L.P. removed 580,317 shares (-95.4%) from their portfolio in Q2 2025, for an estimated $9,308,284
- NEUBERGER BERMAN GROUP LLC added 563,373 shares (+54.0%) to their portfolio in Q2 2025, for an estimated $9,036,502
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$FWRG Analyst Ratings
Wall Street analysts have issued reports on $FWRG in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Benchmark issued a "Buy" rating on 08/06/2025
- TD Cowen issued a "Buy" rating on 07/29/2025
- B of A Securities issued a "Buy" rating on 07/18/2025
- Barclays issued a "Overweight" rating on 07/17/2025
- Raymond James issued a "Strong Buy" rating on 07/17/2025
- TD Securities issued a "Buy" rating on 06/04/2025
- Guggenheim issued a "Buy" rating on 05/08/2025
To track analyst ratings and price targets for $FWRG, check out Quiver Quantitative's $FWRG forecast page.
$FWRG Price Targets
Multiple analysts have issued price targets for $FWRG recently. We have seen 9 analysts offer price targets for $FWRG in the last 6 months, with a median target of $21.0.
Here are some recent targets:
- Jim Salera from Stephens & Co. set a target price of $24.0 on 08/06/2025
- Todd Brooks from Benchmark set a target price of $24.0 on 08/06/2025
- Andrew Charles from TD Cowen set a target price of $21.0 on 07/29/2025
- Sara Senatore from B of A Securities set a target price of $21.0 on 07/18/2025
- Brian Vaccaro from Raymond James set a target price of $22.0 on 07/17/2025
- Dan Levy from Barclays set a target price of $21.0 on 07/17/2025
- Andrew Charles from TD Securities set a target price of $19.0 on 06/04/2025
Full Release
LAS VEGAS, Sept. 15, 2025 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. , (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading daytime restaurant known for its chef-driven, made-to-order breakfast, brunch and lunch menu, has officially opened its doors in North Las Vegas. Located at 1020 E. Craig Road , the restaurant brings its fresh take on mornings to Nevada for the very first time, inviting locals to experience flavorful classics, seasonal specialties and a vibrant community atmosphere in the Las Vegas Valley.
Although new to the market, First Watch is widely beloved for its modern take on breakfast and brunch classics. All dishes are made to order using fresh ingredients in a kitchen without heat lamps, microwaves or deep fryers. Fan favorites include The Traditional , Farmhouse Hash , Lemon Ricotta Pancakes and Million Dollar Bacon , as well as lunch bowls, sandwiches and salads, like the Pesto Chicken Quinoa Bowl , Superfood Kale Salad , and Ham and Gruyere Melt .
Five times a year, First Watch offers a revolving seasonal menu that follows the position of the sun to source fresh ingredients. The Craig Road restaurant will serve its first seasonal menu this winter.
First Watch’s Craig Road team will start each morning juicing fresh fruits and vegetables for an array of juices, including Morning Meditation , Kale Tonic and Purple Haze . The restaurant also takes immense pride in its socially responsible Project Sunrise coffee, sourced by women coffee farmers based in South America. To celebrate the opening, customers who dine in at Craig Road Monday, September 15 through Friday, September 20 will receive a free cup of Project Sunrise coffee with their meal.
The new restaurant spans 4,400 square feet and features a bright, modern dining room, a covered patio with umbrellas, and a welcoming indoor bar – offering flexible spaces where customers can gather, connect and enjoy the signature hospitality for which First Watch is known. The location accommodates more than 200 customers.
Grand opening festivities will highlight the local community, featuring the Las Vegas Academy of the Arts Jazz Band, the Vegas Golden Knights Vivas cheerleaders and a special presentation by the Honor Guard from Nellis Air Force Base. Customers will also enjoy a first look at a custom mural designed to celebrate the vibrant spirit of Las Vegas.
“We’re excited to become part of such a great community in North Las Vegas and share our fresh approach to breakfast, brunch and lunch,” said Mike Lee, Regional Vice President of First Watch. “We’re grateful for the community’s warm welcome and look forward to serving as a new go-to gathering place for neighbors and friends.”
First Watch’s full menu is available daily from 7 a.m. to 2:30 p.m. for dine-in, pickup and delivery service. To place an order or join the digital waitlist, visit firstwatch.com or download the First Watch app ( App Store , Google Play ). For the latest news, connect with @FirstWatch on Instagram and Facebook .
About First Watch
First Watch is the leading Daytime Dining concept serving made-to-order breakfast, brunch and lunch using the freshest ingredients available. Guided by its “Follow the Sun” culinary philosophy, First Watch's chef-driven menu rotates five times a year to feature the highest-quality flavors at their peak, offering elevated executions of classic favorites, fresh juices like the Kale Tonic, and fan favorites such as the Lemon Ricotta Pancakes, Quinoa Power Bowl and signature Million Dollar Bacon. For every kid’s meal served, First Watch proudly donates a portion to organizations and causes making a positive impact in our communities – raising more than $1.7 million to date. A recipient of hundreds of local “Best Breakfast” and “Best Brunch” awards, First Watch was voted 2025’s #1 Best Breakfast by Newsweek’s Readers’ Choice Awards and was also named 2024’s #1 Most Loved Workplace
®
in America by Newsweek and the Best Practice Institute, after appearing on the list in 2022 and 2023 as well. With a commitment to quality, hospitality and community, First Watch is redefining Daytime Dining across more than 600 restaurants in 32 states. For more information, visit
www.firstwatch.com
.
Investor Relations Contact
Steven L. Marotta
941-500-1918
[email protected]
Media Relations Contact
Jenni Glester
407-864-5823
[email protected]
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/931d413b-10d7-4787-bfbb-451ec54febf6
https://www.globenewswire.com/NewsRoom/AttachmentNg/4cc14e09-fc63-49c6-969f-16cdfe948f80