First Watch Restaurant shares are trading lower after the company cut its FY24 outlook.
Portfolio Pulse from Benzinga Newsdesk
First Watch Restaurant shares are trading lower after the company revised its FY24 outlook downwards.
May 07, 2024 | 3:23 pm
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First Watch Restaurant's stock is trading lower due to the company's reduced FY24 outlook.
The downward revision of the FY24 outlook by First Watch Restaurant directly impacts investor sentiment and the perceived future profitability of the company, likely leading to a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100