Wingstop (WING) Tops Q2 EPS by 3c

Wingstop (NASDAQ: WING) reported Q2 EPS of $0.18, $0.03 better than the analyst estimate of $0.15. Revenue for the quarter came in at $24.67 million versus the consensus estimate of $24.58 million.

Fiscal Year 2017 Financial Outlook

We are providing the following updated financial outlook for the fiscal year ending December 30, 2017:

• System-wide unit growth of approximately 13% - 15%
• Low single digit domestic same store sales growth
• SG&A expenses of between $36.5 million and $37.5 million
• Net income between $20.9 million and $21.2 million (previously $20.2 million to $20.5 million)
• Fully diluted EPS growth of 23% - 25% (previously 19% - 21%), which reflects 29.3 million diluted shares outstanding, over 2016 adjusted earnings per diluted share of $0.58
• Adjusted EBITDA growth of 13% - 15%

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

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