=Wingstop (WING) reported earnings on Wed 26 Oct 22 (b/o)

 ** charts after earnings **

Wingstop (WING) soared 15.3% Wednesday after the company reported third-quarter earnings that easily beat top and bottom-line analyst estimates. 

Highlights for the fiscal third quarter 2022 compared to the fiscal third quarter 2021:

• System-wide sales increased 17.7% to $699.6 million

• 40 net new openings in the fiscal third quarter 2022

• Domestic same store sales increased 6.9%

• Domestic restaurant AUV of $1.6 million

• Digital sales of 62.0% of sales

• Total revenue increased 40.9% to $92.7 million

Net income increased 18.4% to $13.4 million, or $0.45 per diluted share, compared to net income of $11.3 million, or $0.38 per diluted share in the prior fiscal third quarter. Adjusted net income and adjusted earnings per diluted share, both non-GAAP measures, increased 57.9% to $13.6 million, or $0.45 per diluted share, compared to $8.6 million, or $0.29 per diluted share in the prior fiscal third quarter

Adjusted EBITDA, a non-GAAP measure, increased 32.7% to $28.4 million, compared to adjusted EBITDA of $21.4 million in the prior fiscal third quarter