First Watch Restaurant Group, Inc.'s (FWRG) CEO Chris Tomasso on Q2 2022 Results - Earnings Call Transcript

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First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q2 2022 Earnings Conference Call August 9, 2022 8:00 AM ET

Company Participants

Raphael Gross - Investor Relations, ICR

Chris Tomasso - Chief Executive Officer and President

Mel Hope - Chief Financial Officer

Conference Call Participants

Chris O'Cull - Stifel

Jared Garber - Goldman Sachs

Jeffrey Bernstein - Barclays

Nicole Miller - Piper Sandler

Andy Barish - Jefferies

Gregory Francfort - Guggenheim

Brian Vaccaro - Raymond James

Andrew Charles - Cowen


Thank you for standing by and welcome to the First Watch Restaurant Group Incorporated Second Quarter 2022 earnings conference call. At this time, all participants are in a listen-only mode. Following the presentation, the conference call will be open for analyst questions and instructions on how to ask a question will be given at that time. This call is being recorded today, August 9, 2022 at 8:00 A.M. Eastern Time and will be archived and available for replay at under the News & Events section.

I would now like to turn the conference over to Raphael Gross, partner at ICR, to begin.

Raphael Gross

Good morning, everyone, and welcome. I am joined here today by First Watch's Chief Executive Officer and President, Chris Tomasso; and Chief Financial Officer, Mel Hope. This morning, First Watch issued its earnings release for the second quarter 2022 on Globe Newswire and filed its quarterly report on Form 10-Q with the SEC. These documents can be found at

Let me now first cover a few housekeeping matters before introducing Chris. This conference call will include forward-looking statements that are subject to various risks and uncertainties that could cause the company's actual results to differ materially from these statements.

Such statements include, without limitation, statements concerning the conditions of the company's industry and its operations, performance and financial condition, growth

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