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First Watch Restaurant raises FY23 revenue growth view to 16%-20% from 15%-19%
The Fly

First Watch Restaurant raises FY23 revenue growth view to 16%-20% from 15%-19%

FY23 revenue consensus $860.02M. Sees FY23 Adjusted EBITDA in the range of $80.0 million to $85.0 million; Updated blended tax rate in the range of 33.0% to 36.0%. Same-restaurant sales growth in the range of 6.0% to 8.0% with positive same-restaurant traffic growth.

Published first on TheFly

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