Wingstop (WING) Posts Q3 EPS of $0.09, Revs Beat
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Wingstop (NASDAQ: WING) reported Q3 EPS of $0.09, which may not compare to the analyst estimate of $0.16. Revenue for the quarter came in at $26 million versus the consensus estimate of $25.12 million.
- System-wide sales increased 16.1%
- System-wide restaurant count increased 14.6% to 1,088 global locations
- Domestic same store sales increased 4.1%
- Total revenue increased 19.3% to $26.0 million
- Net income increased to $5.0 million, or $0.17 per diluted share*, compared to $2.8 million, or $0.09 per diluted share
- Adjusted EBITDA**, a non-GAAP measure, increased 25.2% to $10.4 million
- Adjusted net income**, a non-GAAP measure, increased 34.3% to $5.0 million
For earnings history and earnings-related data on Wingstop (WING) click here.
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