First Watch Restaurant Group Provides Status Of Company Restaurants Affected By Hurricane Milton; Says "From October 8-13, 2024, 85 Company-Owned Restaurants In Hurricane Milton's Path Were Closed At Least 1 Business Day For Employee Safety, Storm Preparation, Utility Outage, Damage Assessment And Re-Stocking. By October 14th, 77 Of Those Restaurants Had Been Reopened"

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company") provides the following information regarding Hurricane Milton.

 

From October 8, 2024 through October 13, 2024, 85 Company-owned restaurants in Hurricane Milton's path were closed at least one business day for employee safety, storm preparation, utility outage, damage assessment and re-stocking. By Monday, October 14th, 77 of those restaurants had been reopened. Management is ascertaining the reopening timetable for the remaining 8 affected restaurants.

Chief Executive Officer and President, Chris Tomasso, said, "We are grateful that our team members and their families are safe in the aftermath of Milton and that we have been able to resume operations at nearly all of our restaurants."

Separately, due to Hurricane Helene, less than 10 of First Watch's Company-owned restaurants were closed for at least one business day and only one was closed for more than three days.