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Thursday, November 2, 2017

=Wingstop (WING) reported earnings on Thur 2 Nov 2017 (a/h)



Wingstop beats by $0.01, beats on revs; co also reaffirms FY 17 guidance 
  • Reports Q3 (Sep) earnings of $0.17 per share, excluding non-recurring items, $0.01 better thanthe Capital IQ Consensus of $0.16; revenues rose 19.4% year/year to $26.03 mln vs the $25.13 mln Capital IQ Consensus.
    • System-wide domestic same store sales growth of 4.1 %
  • Royalty revenue and franchise fees increased $2.7 million to $16.4 million from $13.7 million in the fiscal third quarter last year.
  • Company-owned restaurant sales increased $1.5 million to $9.7 million from $8.2 million in the fiscal third quarter last year. 

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