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Wingstop (WING) Posts Q2 Earnings and Revenue Beats
Wingstop Inc. (WING - Free Report) just released its second-quarter earnings results, posting earnings of $0.15 per share and revenue of $22.7 million.
Currently, WING has a Zacks Rank #4 (Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
Wingstop:
- Beat earnings estimates. The company posted earnings of $0.15 per share, beating our Zacks Consensus Estimate of $0.14.
- Beat revenue estimates. The company saw revenue figures of $22.7 million, just edging out our estimate of $22 million.
- Domestic same store sales grew 3.1%.
- System-wide restaurant count increased 16.4% to 914 worldwide locations.
- WING was down 3.8% to $25.50 as of 4:39 p.m. EST in after-hours trading shortly after its earnings report was released.
Here’s a graph that looks at Wingstop’s latest earnings performance:
WINGSTOP INC Price, Consensus and EPS Surprise
WINGSTOP INC Price, Consensus and EPS Surprise | WINGSTOP INC Quote
Wingstop Inc. franchises and operates restaurants. The Company's operating segment consists of Franchise segment and Company segment. It offers cooked-to-order, hand-sauced and tossed chicken wings.
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