Wingstop Inc. Reports Fiscal First Quarter 2017 Financial Results
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May 5, 2017 6:57 AM EDT
Cowen raised its price target on Wingstop (NASDAQ: WING) to $36.00 (from $34.00) while maintaining a Outperform rating.
Analyst Andrew M. Charles notes the company is starting to benefit from its national TV advertising with better than expected sales in March, and underlying sales... More
May 4, 2017 4:11 PM EDT
Wingstop (NASDAQ: WING) reported Q1 EPS of $0.22, $0.06 better than the analyst estimate of $0.16. Revenue for the quarter came in at $26.6 million versus the consensus estimate of $24.17 million.
Total revenue increased 20.4% to $26.6 millionSystem-wide restaurant count increased 18.1% to 1,031 worldwide locationsDomestic same store sales declined 1.1%Net income increased to $6.5 million, or $0.22 per diluted share*, compared to $4.3 million,...
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