First Watch Restaurant Group Inc at TD Cowen Future of the Consumer Conference Transcript
So I'm really excited for day two of TD Cowen's Future of the Consumer Conference. I'm thrilled to be joined by CFO Mel Hope of First Watch. And in the audience, we have VP of Investor Relations, Steve Marotta.
Questions & Answers
Mel, I'd love for you to just talk about the story about First Watch. For those who are not familiar with the First Watch story, can you provide a brief intro of what makes it differentiating?
Sure, sure. And thank you, Andrew. We appreciate the opportunity to be here. First Watch is an elevated breakfast.
So what's kind of distinctive, I'll go through some things. But to give you a little bit of background, it's a 40-year-old brand. We have about 470 restaurants operating in 29 states now. Most of the restaurants are company-owned, over 300 are company-owned, and we like that capital-intensive model of operating and owning our own restaurants.
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