First Watch Restaurant Expects Commodity Inflation -- Market Talk

Dow Jones

03/11

0836 ET - First Watch Restaurant Group is feeling the pressure of rising egg costs, and expects "spikes" in commodity costs to continue this year. The brunch chain says on a 4Q earnings call that eggs, avocados, bacon and coffee prices were driving up costs this year. The company included those rising costs and the impact of tariffs in its financial expectations for this year. First Watch largely met 4Q earnings expectations. Shares are flat in premarket trading. (heather.haddon@wsj.com; @heatherhaddon)

(END) Dow Jones Newswires

March 11, 2025 08:37 ET (12:37 GMT)

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