Wingstop Q1 domestic same-store sales +20.1%, revenue +42.7% to $108.7M, net income up 80.6%

Wingstop Inc.

2023-Q1 EPS reported $0.52 revenue$108,721,000

Domestic same-store sales rose 20.1%; system-wide sales up 30.4% to $821.6M.
Total revenue $108.7M (+42.7%); GAAP EPS $0.52 vs. $0.29 a year ago.
Adjusted EBITDA up 59.8% to $34.6M; adjusted EPS $0.59 vs. $0.33.
Digital sales hit a record 65.2% of sales; 37 net new openings in Q1.
Board declared $0.19 quarterly dividend, payable June 9 to holders of record May 19.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Wingstop Inc. reported fiscal first quarter ended April 1, 2023 results: revenue $108.7 million, net income $15.7 million, EPS $0.52 per diluted share.

Period: fiscal first quarter ended April 1, 2023
Revenue: $108.7 million
Net income: $15.7 million
EPS: $0.52 per diluted share
Result: reported results

Exact text from the filing

of 11.4% ▪ Domestic same store sales increased 20.1% ▪ Domestic restaurant AUVs increased to $1.7 million ▪ Digital sales increased to 65.2% ▪ Total revenue increased 42.7% to $108.7 million ▪ Net income increased 80.6% to $15.7 million, or $0.52 per diluted share, compared to net income of $8.7 million, or $0.29 per diluted share in the prior fiscal first quarter.

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Source: SEC EDGAR

accession 0001636222-23-000056

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