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. 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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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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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. 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.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on WING - FREE