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Thursday, March 2, 2017

=Wingstop (WING) reported earnings on Thur 2 March 17 (a/h)




Wingstop beats by $0.01, reports revs in-line; guides FY17 EPS slightly below consensus:
  • Reports Q4 (Dec) earnings of $0.15 per share, $0.01 better than the Capital IQ Consensus of $0.14; revenues rose 20.4% year/year to $24.8 mln vs the $25.04 mln Capital IQ Consensus.
  • Domestic same store sales increased 1.0%.
  • System-wide restaurant count increased 18.1% to 998 worldwide locations.
  • Co issues slight downside guidance for FY17, sees EPS growth of 8-10% equating to $0.63-$0.64 vs. $0.65 Capital IQ Consensus Estimate. Sees low single digit domestic same store sales growth. Sees system wide unit growth of 13-15%. Adjusted EBITDA growth of 13-15%.

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