# First Watch Restaurant Group, Inc. (FWRG) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from First Watch Restaurant Group, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/FWRG/mda/fy2025/): filed 2026-02-24; accession 0001789940-26-000014 (https://www.sec.gov/Archives/edgar/data/1789940/000178994026000014/fwrg-20251228.htm); latest 10-K
- [FY 2024 MD&A](/company/FWRG/mda/fy2024/): filed 2025-03-11; accession 0001789940-25-000010 (https://www.sec.gov/Archives/edgar/data/1789940/000178994025000010/fwrg-20241229.htm)
- [FY 2023 MD&A](/company/FWRG/mda/fy2023/): filed 2024-03-05; accession 0001789940-24-000012 (https://www.sec.gov/Archives/edgar/data/1789940/000178994024000012/fwrg-20231231.htm)
- [FY 2022 MD&A](/company/FWRG/mda/fy2022/): filed 2023-03-07; accession 0001789940-23-000011 (https://www.sec.gov/Archives/edgar/data/1789940/000178994023000011/fwrg-20221225.htm)
- [FY 2021 MD&A](/company/FWRG/mda/fy2021/): filed 2022-03-23; accession 0001789940-22-000012 (https://www.sec.gov/Archives/edgar/data/1789940/000178994022000012/fwrg-20211226.htm)

Back to /company/FWRG/