Wingstop (WING) Tops Q3 EPS by 1c
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Wingstop Inc. Reports Fiscal Third Quarter 2016 Financial Results
November 1, 2016 4:06 PM EDTDALLAS, Nov. 01, 2016 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) today announced fiscal third quarter 2016 financial results for the period ended September 24, 2016 and raised annual guidance for fiscal year 2016.
Highlights for the Fiscal Third Quarter 2016 compared to the Fiscal Third Quarter 2015
Total revenue increased 14.0% to $21.8 millionSystem-wide restaurant count increased 17.6% to 949 worldwide locationsDomestic same store sales increased 4.1%Net income decreased to $2.8 million, or $0.09 per diluted share, compared to $3.2 million, or $0.11 per diluted shareAdjusted EBITDA*, a non-GAAP measure, increased 27.1% to $8.3 millionAdjusted net income*, a... MoreWingstop Signs Deal to Open 30 Locations in Colombia and Panama
October 28, 2016 8:01 AM EDTDALLAS, Oct. 28, 2016 (GLOBE NEWSWIRE) -- Wingstop, Inc. (NASDAQ: WING), the award-winning wing concept with more than 900 locations worldwide, today announced that it has entered into an international expansion agreement with Colowing S.A. de C.V. to open 30 locally operated franchise locations in Colombia and Panama over the next five years, starting in 2017. Â Antonio Ortiz Dominguez, majority partner of Wingstops Mexico... More