First Watch Restaurant Group, Inc. (FWRG) shares fell 23.97 percent to $14.15 during Tuesday's trading after the company reported a first-quarter net loss of $0.8 million, or $0.01 per share, compared to net income of $7.2 million, or $0.12 per share, a year earlier. The stock opened at $15.10 and has traded between $12.90 and $15.46 today. It previously closed at $18.61. First Watch shares have moved between $12.90 and $24.39 over the past 52 weeks, with volume soaring to 1.89 million versus an average of 786,000.
This decline came despite a 16.4 percent increase in revenue to $282.2 million from $242.4 million in the prior-year quarter.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.