Wingstop (WING) Reports In-Line Q3 EPS

Wingstop (NASDAQ: WING) reported Q3 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter came in at $64 million versus the consensus estimate of $63.68 million.

Financial Outlook:

After considering the Company's performance through the first three quarters of fiscal year 2020 and expected results for the remainder of the year, the Company is providing the following outlook for the fiscal year ending December 26, 2020:

• Net system-wide restaurant openings of between 135 - 140, previously projected to be 120 - 130
• SG&A costs of approximately $63.5 - $64.5 million
• Adjusted SG&A, a non-GAAP measure, of $48.4 - $49.4 million

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

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