Wingstop (WING) Tops Q2 EPS by 3c, Revenues Beat; Offers FY18 EPS Outlook Below Consensus
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Wingstop Inc. Reports Fiscal Second Quarter 2018 Financial Results; Increases Regular Quarterly Dividend
August 2, 2018 4:05 PM EDTDALLAS, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) today announced fiscal second quarter financial results for the period ended June 30, 2018.
Highlights for the Fiscal Second Quarter 2018 compared to the Fiscal Second Quarter 2017*:
System-wide sales increased 13.5% to $304.9 millionSystem-wide restaurant count increased 12.5% to 1,188 global locationsSystem-wide domestic same store sales increased 4.3%Total revenue increased 17.3% to $37.0 millionNet income increased 39.4% to $6.8 million, or $0.23 per diluted share, compared to $4.9 million, or $0.17 per diluted shareAdjusted EBITDA**, a non-GAAP measure, increased 27.1% to $11.7 million... More