"We are very pleased with our Q3 results, which demonstrate our broad consumer appeal and the consistency and strength of our business model even in this uncertain economic environment," said CEO Chris Tomasso. "We believe our performance is among the best in our industry with the year-over-year increase in system-wide sales of 19.2%, same-restaurant sales growth of 12.0% and same-restaurant traffic growth of 3.7%. Our customers clearly recognize and appreciate the elevated dining experiences, differentiated offering and value proposition First Watch provides. Looking ahead, we continue to see a long runway for profitable growth as we invest in our people and accelerate our restaurant development."
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