First Watch Restaurant Group, Inc. Announces Retirement of Chief Financial Officer Mel Hope and Transition Plan
First Watch Restaurant Group, Inc. (FWRG)
Company Research
Source: GlobeNewswire
BRADENTON, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (Nasdaq: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, announced today that Chief Financial Officer Mel Hope has informed the Company of his intent to retire later this year. The Company has commenced a process to identify his successor, considering both internal and external candidates. It is expected that Hope will remain as Chief Financial Officer until his successor is in place to ensure a seamless transition and serve as an advisor to the Company for a period thereafter. “Mel joined us with decades of experience and was invaluable in guiding our IPO process,” said Chris Tomasso, CEO and President of First Watch. “For nearly eight years, he has served as a steady hand and confidant – ushering our Company into multiple stages of growth and success. In true Mel fashion, he has positioned us well for this next phase – complete with
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FWRG
News
- First Watch Restaurant Group, Inc. to Participate in Three March Investor ConferencesGlobeNewswire
- First Watch Restaurant Group (FWRG) had its price target lowered by Citigroup Inc. from $26.00 to $21.00. They now have a "buy" rating on the stock.MarketBeat
- First Watch Restaurant Group (FWRG) had its price target lowered by Barclays PLC from $19.00 to $17.00. They now have an "overweight" rating on the stock.MarketBeat
- First Watch Restaurant Group (FWRG) had its price target lowered by Guggenheim from $23.00 to $21.00. They now have a "buy" rating on the stock.MarketBeat
- First Watch Restaurant Group (FWRG) had its price target lowered by Stephens from $24.00 to $21.00. They now have an "overweight" rating on the stock.MarketBeat
FWRG
Earnings
- 2/24/26 - Beat
FWRG
Sec Filings
- 2/24/26 - Form 8-K/A
- 2/24/26 - Form 10-K
- 2/24/26 - Form 8-K
- FWRG's page on the SEC website