Wingstop (WING) Posts Q2 Earnings And Revenue Beats

Published 08/04/2016, 06:06 AM
Updated 10/23/2024, 11:45 AM

Wingstop Inc. ( (NASDAQ:WING) ) 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.



WINGSTOP INC (WING): Free Stock Analysis Report

Original post

Zacks Investment Research

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.