Wingstop (WING) Tops Q4 EPS by 1c, Offers FY Guidance
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Wingstop Inc. Reports Fiscal Fourth Quarter 2016 Financial Results
March 2, 2017 4:05 PM ESTDALLAS, March 02, 2017 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) today announced fiscal fourth quarter and fiscal year 2016 financial results for the period ended December 31, 2016 and annual guidance for fiscal year 2017.
Highlights for the Fiscal Fourth Quarter 2016 compared to the Fiscal Fourth Quarter 2015
Total revenue increased 20.3% to $24.8 millionSystem-wide restaurant count increased 18.1% to 998 worldwide locationsDomestic same store sales increased 1.0%Net income increased to $4.3 million, or $0.15 per diluted share, compared to $3.8 million, or $0.13 per diluted shareAdjusted EBITDA*, a non-GAAP measure, increased 27.1% to $10.0 millionAdjusted... More