Wingstop (WING) Tops Q1 EPS by 2c, Updates FY Guidance
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Wingstop Inc. Reports Fiscal First Quarter 2016 Financial Results
May 5, 2016 4:11 PM EDTDALLAS, May 05, 2016 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) today announced fiscal first quarter 2016 financial results for the period ended March 26, 2016 and also raised annual guidance for fiscal year 2016.
Highlights for the Fiscal First Quarter 2016 compared to the Fiscal First Quarter 2015
Total revenue increased 16.0% to $22.1 millionSystem-wide restaurant count increased 17.2% to 873 worldwide locationsDomestic same store sales increased 4.6%Net income increased to $4.3 million, or $0.15 per diluted share, compared to $2.6 million, or $0.10 per diluted shareAdjusted EBITDA*, a non-GAAP measure, increased 24.0% to $8.9 millionAdjusted net... More