Wingstop (NASDAQ: WING) reported Q3 EPS of $0.11, $0.02 better than the analyst estimate of $0.09. Revenue for the quarter came in at $19.1 million versus the consensus estimate of $18.61 million.
Wingstop sees FY2015 revenue of $76.8-77.2 million, versus the consensus of $76.5 million.
Fiscal Year 2015 Financial Outlook
Based on fiscal third quarter performance, we are raising full year guidance to:
- 125-130 net system-wide franchise restaurant openings
- Domestic same store sales increase of between 7.25% to 7.50%
- Total revenue between $76.8 million and $77.2 million
- SG&A expenses between $33.1 million and $33.6 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 a March 2015 refinancing of our credit agreement and to our initial public offering)
- Adjusted EBITDA, a non-GAAP measure, between $27.5 million and $28.0 million
- Adjusted net income, a non-GAAP measure, between $12.4 million and $12.9 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.