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MarketBeat
MarketBeat
Peter Frank

First Watch’s Growth Story Meets a Reality Check

First Watch Restaurant Group (NASDAQ: FWRG) has proved that Americans will wait for a table to eat banana brittle French toast and blueberry lemon cornbread.

With 665 restaurants across 33 states, management calls the daytime-dining chain the fastest-growing full-service restaurant brand in the country. The stock, however, is telling a different story.

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