Wingstop (WING) Misses Q4 EPS by 2c, Slight Beat on Revenues

February 27, 2019 4:10 PM

Wingstop (NASDAQ: WING) reported Q4 EPS of $0.15, $0.02 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $40.5 million versus the consensus estimate of $40.39 million.

“Driven by our vision to become a top 10 global restaurant brand and our mission to serve the world flavor, we are pleased to report another year of strong growth across all key metrics. Additionally, 2018 marked another year where we continued to demonstrate our dedication to returning capital to shareholders by returning over $192 million in dividends,” stated Charlie Morrison, Chairman and Chief Executive Officer. “We remain focused on our strategic long-term growth drivers of national advertising, digital innovation, delivery and unit expansion, and we believe we are executing against a strategy that will continue to deliver strong same store sales growth, best-in-class unit economics and strong shareholder returns in 2019 and the years to come.”

Financial Outlook

The Company is reiterating its long-term targets of:

Additionally, the Company is providing an update on certain items specific to the fiscal year ending December 28, 2019:

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


Corporate News Earnings Management Comments

Next Articles