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Wingstop (WING) Tops Q2 EPS by 10c, Revenues Beat as Domestic same store sales increased 31.9%

July 29, 2020 7:34 AM

Wingstop (NASDAQ: WING) reported Q2 EPS of $0.39, $0.10 better than the analyst estimate of $0.29. Revenue for the quarter came in at $66.1 million versus the consensus estimate of $62.42 million. Domestic same store sales increased 31.9%.

"I am very proud of our team members and brand partners and the extraordinary results we achieved against a challenging backdrop. We benefited from a steadfast focus on expanding our digital business and leveraging delivery to make it seamless for fans to access the craveable flavors of our fresh, cook-to-order wings, fries and sides," commented Charlie Morrison, Chairman and Chief Executive Officer of Wingstop. "Despite the unprecedented circumstances, we opened 23 net new restaurants which highlights the excitement of our brand partners to grow with Wingstop and the strength of the unit level economics. We believe we are well positioned to continue making progress towards our vision of becoming a top 10 global restaurant brand."

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

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