Wingstop (NASDAQ: WING) reported Q4 EPS of $0.36, which may not compare to the analyst estimate of $0.16. Revenue for the quarter came in at $28.3 million versus the consensus estimate of $27.56 million. Domestic same store sales increased 5.2%.

Financial Outlook

For fiscal year ending December 29, 2018, the Company is reiterating its long-term targets and providing an update on certain items that will impact how Wingstop reports its financials in 2018.

2018

• 10%+ system-wide unit growth
• Low single digit domestic same store sales growth
• Adjusted EBITDA growth of 13% - 15%
• As discussed above, we will report results reflecting the new revenue recognition standards beginning in the first quarter of 2018
• Effective tax rate of approximately 23%
• Stock-based compensation expense of approximately $3 million
• Fully diluted Adjusted earnings per share of approximately $0.75, which reflects 29.6 million diluted shares outstanding. This estimate is comparable to fully diluted Adjusted earnings per share of $0.69 for fiscal year 2017, which has been restated to reflect the new revenuerecognition standards. Fiscal year 2017 included a benefit of $0.08 to Adjusted earnings per share associated with the new accounting rules for excess tax benefits for stock options exercised. No excess tax benefits from stock option exercises have been contemplated in our 2018 guidance.

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