Wingstop Inc. Reports Fiscal First Quarter 2017 Financial Results
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Wingstop (WING) PT Raised to $36 at Cowen; Starting to Reap Benefits of National Ad Campaign
May 5, 2017 6:57 AM EDTCowen raised its price target on Wingstop (NASDAQ: WING) to $36.00 (from $34.00) while maintaining a Outperform rating.
Analyst Andrew M. Charles notes the company is starting to benefit from its national TV advertising with better than expected sales in March, and underlying sales... More
Wingstop (WING) Tops Q1 EPS by 6c, Sales Beat
May 4, 2017 4:11 PM EDTWingstop (NASDAQ: WING) reported Q1 EPS of $0.22, $0.06 better than the analyst estimate of $0.16. Revenue for the quarter came in at $26.6 million versus the consensus estimate of $24.17 million.
Total revenue increased 20.4% to $26.6 millionSystem-wide restaurant count increased 18.1% to 1,031 worldwide locationsDomestic same store sales declined 1.1%Net income increased to $6.5 million, or $0.22 per diluted share*, compared to $4.3 million,... More