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Wingstop (WING) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 22:10
Wingstop (WING) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.41%. A quarter ago, it was expected that this restaurant chain would post earnings of $0.76 per share when it actually produced earnings of $0.98, delivering a surprise of 28.95%.Over the last four quarters, the compan ...
Wingstop Inc. Reports Fiscal Second Quarter 2024 Financial Results
Prnewswire· 2024-07-31 20:01
Delivers 15.0% Unit Growth Domestic Same Store Sales Increased 28.7%, Driven by Transaction Growth DALLAS, July 31, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced financial results for the fiscal second quarter ended June 29, 2024. Highlights for the fiscal second quarter 2024 compared to the fiscal second quarter 2023: System-wide sales increased 45.2% to $1.2 billion 73 net new openings in the fiscal second quarter 2024 Domestic restaurant AUV increased to $2.0 million Domestic same st ...
Wingstop(WING) - 2024 Q2 - Quarterly Results
2024-07-31 20:00
财务表现 - 系统销售额增长45.2%至12.76亿美元[4] - 总收入增长45.3%至1.557亿美元[4] - 净利润增长69.9%至2,748.5万美元[7] - 调整后EBITDA增长50.7%至5,177.8万美元[7] - 公司总收入为1.557亿美元,同比增长45.2%[38] - 公司营业利润为4,122万美元,同比增长55.8%[38] - 公司净利润为2,748.5万美元,同比增长69.8%[38] - 公司调整后EBITDA为3,435万美元,同比增长15.1%[50] 门店拓展 - 73家新餐厅开业[4] - 预计2024年新开285-300家全球门店[14] - 公司国内特许经营餐厅数量增加至1,988家,同比增加13.7%[44] - 公司国际特许经营餐厅数量增加至312家,同比增加23.8%[47] - 公司总餐厅数量增加至2,352家,同比增加15.0%[48] 经营数据 - 国内餐厅平均营业额增至2,032,000美元[7] - 国内同店销售增长28.7%[7] - 数字销售占系统销售的68.3%[4] - 公司食品、饮料和包装成本占自营餐厅销售额的35.8%,同比上升3.6个百分点[43] - 公司劳动力成本占自营餐厅销售额的23.4%,同比下降1.0个百分点[43] - 公司其他餐厅运营成本占自营餐厅销售额的19.3%,同比下降0.2个百分点[43] 未来展望 - 预计2024年国内同店销售增长约20%[13]
Wingstop (WING) to Post Q2 Earnings: What's in the Offing?
ZACKS· 2024-07-29 22:25
Wingstop Inc. (WING) is scheduled to report second-quarter 2024 results on Jul 31, before the opening bell. In the last reported quarter, WING’s earnings surpassed the Zacks Consensus Estimate by 29%.Q2 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 82 cents per share, suggesting 43.9% growth from the prior-year quarter's level. In the past 30 days, estimates for earnings have witnessed an upward revision of 5.1%. The consensus mark for revenues is pegged at $144 million, indicating growth ...
Seeking Clues to Wingstop (WING) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2024-07-29 22:21
Wall Street analysts expect Wingstop (WING) to post quarterly earnings of $0.82 per share in its upcoming report, which indicates a year-over-year increase of 43.9%. Revenues are expected to be $143.98 million, up 34.4% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 2.7% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a company's ear ...
Wingstop (WING) Laps the Stock Market: Here's Why
ZACKS· 2024-07-27 07:05
In the latest trading session, Wingstop (WING) closed at $366.36, marking a +1.66% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 1.11%. At the same time, the Dow added 1.64%, and the tech-heavy Nasdaq gained 1.03%.The restaurant chain's stock has dropped by 15.45% in the past month, falling short of the Retail-Wholesale sector's loss of 2.12% and the S&P 500's loss of 1.16%.The investment community will be paying close attention to the earnings performance ...
Wingstop (WING) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-24 23:07
The market expects Wingstop (WING) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on J ...
Wingstop Brings Its Iconic Flavor to Paris and Fans Across the World
Prnewswire· 2024-07-23 21:21
In Paris … Enter Wingstop's "House of Flavor": A Taste of Street Culture "House of Flavor" marks the beginning of larger growth plans in Paris, with the potential for over 200 Wingstop restaurants in France. Celebrating its entrance into the city, Wingstop's "House of Flavor" restaurant and experience is open to the public from July 27 to August 10*. Located at the historic La Caserne – 12 Rue Philippe de Girard, 75010 Paris – the activation is expected to draw over 50,000 visitors. Fans will enjoy free win ...
Wingstop Brings Its Iconic Flavor to Paris and Fans Across the World
Prnewswire· 2024-07-23 20:57
In Paris … Enter Wingstop's "House of Flavor": A Taste of Street Culture"House of Flavor" marks the beginning of larger growth plans in Paris, with the potential for over 200 Wingstop restaurants in France. Celebrating its entrance into the city, Wingstop's "House of Flavor" restaurant and experience is open to the public from July 27 to August 10*. Located at the historic La Caserne – 12 Rue Philippe de Girard, 75010 Paris – the activation is expected to draw over 50,000 visitors. Fans will enjoy free wing ...
You Want It, You Got It - Wingstop's Hot Honey Rub is Here to Stay
Prnewswire· 2024-07-09 21:38
The best-selling LTO flavor has made its way onto Wingstop's menu year-round, following overwhelming love from superfans, celebrities and athletes, including basketball icon Giannis AntetokounmpoDALLAS, July 9, 2024 /PRNewswire/ -- Wingstop (NASDAQ: WING) announced today that its (now) famous Hot Honey Rub flavor – a fiery dry rub that delivers sweetness with a mouthwatering kick of heat – is now a permanent menu item. Due to an outpouring of love from fans, celebrities and athletes, Hot Honey Rub will be a ...