Wingstop (WING) Tops Q3 EPS by 1c, Revenues Slightly Beat; Boosts FY18 EPS Outlook
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Wingstop Inc. Reports Fiscal Third Quarter 2018 Financial Results
October 29, 2018 4:05 PM EDTDALLAS, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) today announced fiscal third quarter financial results for the period ended September 29, 2018.
Highlights for the Fiscal Third Quarter 2018 compared to the Fiscal Third Quarter 2017*:
System-wide sales increased 15.1% to $315.3 millionSystem-wide restaurant count increased 11.7% to 1,215 global locationsSystem-wide domestic same store sales increased 6.3%Total revenue increased 15.5% to $38.2 millionNet income increased 33.8% to $6.3 million, or $0.21 per diluted share, compared to $4.7 million, or $0.16 per diluted shareAdjusted EBITDA**, a non-GAAP measure, increased 23.3% to $12.2 million... More