First Watch Restaurant Group (FWRG) vs Kura Sushi USA (KRUS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
First Watch Restaurant Group (FWRG) has outperformed Kura Sushi USA (KRUS) over the past year, losing 29.3% versus a loss of 31.1%. Over five years, KRUS leads with a -12.7% price change compared with -49.2% for FWRG. First Watch Restaurant Group is the larger company by market cap ($676.4 million vs $485.1 million), about 1.4 times the size.
On valuation, First Watch Restaurant Group trades at a lower forward P/E (44.6x vs 142.9x for Kura Sushi USA).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FWRG | KRUS |
|---|---|---|
| Share price | $10.96 | $39.93 |
| Market cap | $676.37M | $485.14M |
| 1-day change | +4.38% | -0.05% |
| YTD return | -27.32% | -23.70% |
| 1-year return | -29.29% | -31.06% |
| 5-year return | -49.24% | -12.72% |
| P/E ratio (TTM) | 39.14 | — |
| Forward P/E | 44.59 | 142.91 |
| EPS (TTM) | $0.28 | $-0.17 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $18.82 | $80.84 |
| 52-week low | $9.88 | $33.97 |
| Distance from 52-week high | -41.77% | -50.61% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +76.09% | +67.79% |
| Average volume | 1.19M | 226.13K |
| Shares outstanding | 61.71M | 11.15M |
| Employees | 18,000 | 3,900 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Restaurants | Restaurants |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
About First Watch Restaurant Group
FWRG stock →First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc.
Consumer Discretionary · Restaurants · 18,000 employees
About Kura Sushi USA
KRUS stock →Kura Sushi USA, Inc. operates technology-enabled Japanese restaurants in the United States.
Consumer Discretionary · Restaurants · 3,900 employees
FWRG vs KRUS FAQ
Which is bigger, First Watch Restaurant Group or Kura Sushi USA?
First Watch Restaurant Group (FWRG) is larger, with a market capitalization of $676.37M compared with $485.14M for Kura Sushi USA (KRUS).
Which stock has performed better over the past year, FWRG or KRUS?
FWRG returned -29.29% over the past 12 months, compared with -31.06% for KRUS (price return, excluding dividends). Past performance does not predict future results.
Are First Watch Restaurant Group and Kura Sushi USA in the same industry?
Yes. Both are classified in the Restaurants industry within the Consumer Discretionary sector.