Wingstop Q3 revenue up 26.4% to $117.1M, same-store sales +15.3%, raises FY guidance

Wingstop Inc.

2023-Q3 EPS reported $1.71 revenue$332,998,000

System-wide sales $885M (+26.5%); domestic same-store sales up 15.3%.
Total revenue $117.1M (+26.4%); net income $19.5M (+46%), diluted EPS $0.65.
Adjusted EPS $0.69 (+53.3%); Adjusted EBITDA $38.5M (+36.7%).
Raised FY2023 same-store sales outlook to approximately 16%.
Declared quarterly dividend $0.22/share, payable Dec 8 to holders of record Nov 17.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Wingstop Inc. reported fiscal third quarter ended September 30, 2023 results: revenue $117.1 million, net income $19.5 million, EPS $0.65 per diluted share. Guidance raised.

Period: fiscal third quarter ended September 30, 2023
Revenue: $117.1 million
Net income: $19.5 million
EPS: $0.65 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

2023 ▪ Domestic same store sales increased 15.3% ▪ Domestic restaurant AUVs increased to $1.8 million ▪ Digital sales increased to 66.9% ▪ Total revenue increased 26.4% to $117.1 million ▪ Net income increased 46.0% to $19.5 million, or $0.65 per diluted share ▪ Adjusted net income and adjusted earnings per diluted share, both non-GAAP measures, increased 53.3%

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Source: SEC EDGAR

accession 0001636222-23-000118

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