Wingstop (WING) Tops Q1 EPS by 5c, Beats on Revenues

Wingstop (NASDAQ: WING) reported Q1 EPS of $0.25, $0.05 better than the analyst estimate of $0.20. Revenue for the quarter came in at $37.4 million versus the consensus estimate of $36.13 million.

Highlights for the Fiscal First Quarter 2018 compared to the Fiscal First Quarter 2017*:

• System-wide sales increased 20.4% to $313.0 million
• System-wide restaurant count increased 12.2% to 1,157 global locations
• Domestic same store sales increased 9.5%
• Total revenue increased 11.9% to $37.4 million
• Net income of $6.2 million, or $0.21 per diluted share, comparable to $6.3 million, or $0.21 per diluted share
• Adjusted EBITDA**, a non-GAAP measure, increased 31.0% to $12.5 million
• Adjusted net income**, a non-GAAP measure, increased 16.4% to $7.3 million, or $0.25 per diluted share

For earnings history and earnings-related data on Wingstop (WING) click here.

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