Wingstop (WING) Tops Q2 EPS by 2c, Offers FY Guidance
Wingstop (NASDAQ: WING) reported Q2 EPS of $0.11, $0.02 better than the analyst estimate of $0.09. Revenue for the quarter came in at $19.2 million versus the consensus estimate of $18.37 million.
Wingstop sees FY2015 revenue of $75.5-76 million, versus the consensus of $74.6 million.
- 120-130 net system-wide franchise restaurant openings
- Domestic same store sales increase of 6.5% to 7.0%
- Total revenue between $75.5 million and $76.0 million
- SG&A expenses between $33.0 million and $34.0 million (includes $3.3 million in management agreement termination fee, $0.2 million in management fees and $2.0 million in transaction costs related to March 2015 refinancing our credit agreement and our initial public offering)
- Adjusted EBITDA, a non-GAAP measure, between $26.8 million and $27.3 million
- Adjusted net income, a non-GAAP measure, between $11.8 million and $12.1 million
- Pro-forma diluted share count, a non-GAAP measure, of approximately 28.8 million
For earnings history and earnings-related data on Wingstop (WING) click here.
