Financial Data and Key Metrics Changes - System-wide sales increased by 13.9% to $1.3 billion, while same-store sales declined by 1.9% for the quarter [7][25] - Total revenue increased by 12% to $174.3 million compared to the prior year [25] - Adjusted EBITDA rose by 14.3% to $59.2 million, and adjusted EPS was $1 per diluted share, a 1.6% increase year-over-year [27] Business Line Data and Key Metrics Changes - Company-owned restaurant sales increased by $2.6 million due to same-store sales growth of 3.6% [25] - Cost of sales as a percentage of company-owned sales was 75.2%, a decline of 70 basis points [26] - The implementation of the Wingstop Smart Kitchen has led to a consistent average ticket time of ten minutes [26][15] Market Data and Key Metrics Changes - The company opened 129 net new restaurants globally in the second quarter, marking a nearly 20% growth rate [9][20] - The international business is showing strong demand, with new restaurants in Sydney and Paris exceeding expectations [21][22] Company Strategy and Development Direction - The company aims to scale brand awareness, drive menu innovation, expand delivery channels, and invest in digital transformation [9][19] - The long-term target is to achieve average unit volumes (AUVs) of $3 million, supported by the success of the Wingstop Smart Kitchen [17][19] - The company has updated its guidance for unit growth to 17% to 18% for 2025, reflecting strong demand from brand partners [20][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged uncertainty in consumer behavior and spending habits but remains focused on executing strategies [10][22] - The company expects to return to positive same-store sales growth as the year progresses, particularly in the latter half of the third quarter [38][86] - Management expressed confidence in the long-term strategies and the potential of the Wingstop Smart Kitchen to enhance operational efficiency [41][43] Other Important Information - The company has increased its quarterly dividend from $0.27 to $0.30 per share, reflecting the strength of its business model [28] - The digital database has grown by 30%, now approaching 60 million, which will support the upcoming loyalty program [18][56] Q&A Session Summary Question: Clarification on third quarter guidance - Management noted some softness in consumer demand but expects to return to growth as comparisons ease in the latter half of the third quarter [36][38] Question: Impact of Smart Kitchen on sales - Early results from the Smart Kitchen indicate improvements in speed and guest satisfaction, with sales outperformance noted in the Dallas Fort Worth market [41][43] Question: Unit growth and franchisee demand - The company is encouraged by the pace of development and the record level of sold commitments, indicating strong franchisee demand [46][50] Question: Details on the loyalty program - The loyalty program is designed to create an emotional connection with guests, leveraging insights from the growing digital database [56][57] Question: Impact of value deals on customer behavior - The 20 for 20 bundle performed well, leading to higher average checks and demonstrating the company's ability to offer value without sacrificing margins [62][63] Question: Changes in delivery mix with Smart Kitchen - Restaurants with Smart Kitchen are seeing mid-single-digit growth in delivery sales, indicating improved performance [69] Question: Future unit growth normalization - Management is focused on disciplined and sustainable growth, with a strong pipeline of sold commitments supporting future expansion [98][100]

Financial Data and Key Metrics Changes - System-wide sales increased by 13.9% to $1.3 billion, while same-store sales declined by 1.9% for the quarter [6][25] - Total revenue increased by 12% to $174.3 million compared to the prior year [26] - Adjusted EBITDA rose by 14.3% to $59.2 million, and adjusted EPS was $1 per diluted share, a 1.6% increase year-over-year [28] Business Line Data and Key Metrics Changes - Company-owned restaurant sales increased by $2.6 million due to same-store sales growth of 3.6% [26] - Cost of sales as a percentage of company-owned sales was 75.2%, a decline of 70 basis points [27] - The implementation of the Wingstop Smart Kitchen has led to a consistent average ticket time of ten minutes in company-owned restaurants [27][14] Market Data and Key Metrics Changes - The company opened 129 net new restaurants globally in the second quarter, marking a nearly 20% growth rate [7][20] - The international business is showing strong demand, with new restaurants in Sydney and Paris exceeding expectations [21][22] - The average unit volume (AUV) has surged over $2 million, with a target of reaching $3 million [24][19] Company Strategy and Development Direction - The company aims to scale brand awareness, drive menu innovation, expand delivery channels, and invest in digital transformation [7][19] - The focus remains on executing long-term strategies to become a top 10 global restaurant brand [22][31] - The company is set to pilot a new loyalty program in Q4 2025, with a full launch planned for 2026 [18][56] Management's Comments on Operating Environment and Future Outlook - Management acknowledged uncertainty in consumer behavior and spending habits but remains focused on controllable factors [8][20] - The company expects to return to positive same-store sales growth as the year progresses, particularly in Q4 [30][88] - Confidence in achieving the adjusted EBITDA growth rate exceeding 15% versus 2024 [31] Other Important Information - The company has increased its quarterly dividend from $0.27 to $0.30 per share, reflecting the strength of its business model [29] - The demand for new restaurant openings remains strong, with over 95% of new units opened by existing brand partners [20][24] Q&A Session Summary Question: Clarification on third quarter guidance and confidence in trends - Management noted some softness in consumer demand but expects to return to growth as comparisons ease in the latter part of Q3 [38][39] Question: Impact of Smart Kitchen on sales - Early results from the Smart Kitchen indicate improvements in speed and guest satisfaction, with significant benefits expected after four months of implementation [41][42] Question: Unit growth and franchisee demand - The company is encouraged by the pace of development and the strength of unit economics, with a record pipeline of sold commitments [50][52] Question: Reception of value deals and impact on average ticket - The 20 for 20 bundle performed well, leading to higher average checks and demonstrating the company's ability to showcase value without sacrificing margins [62] Question: Addressing consumer pressure and promotional strategies - Management emphasized the importance of value initiatives and flavor innovations to engage consumers and address price sensitivity [90][92]

Core Insights - Wingstop reported revenue of $174.33 million for the quarter ended June 2025, marking a year-over-year increase of 12% and an EPS of $1.00 compared to $0.93 a year ago, with a slight revenue surprise of -0.05% against the Zacks Consensus Estimate [1] - The EPS surprise was +13.64% compared to the consensus estimate of $0.88 [1] Financial Performance Metrics - Total system-wide restaurants reached 2,818, exceeding the eight-analyst average estimate of 2,766 [4] - Domestic same-store sales growth was -1.9%, better than the -2.4% average estimate [4] - Company-owned domestic same-store sales growth was 3.6%, significantly higher than the -1.8% average estimate [4] - Total domestic restaurants numbered 2,411, surpassing the 2,369 average estimate [4] - Domestic franchised activity restaurants totaled 2,357, exceeding the four-analyst average estimate of 2,317 [4] - International franchised activity restaurants reached 407, slightly above the 399 average estimate [4] - New domestic franchised restaurant openings were 110, significantly higher than the 67 estimated by analysts [4] - New international franchised restaurant openings were 21, compared to the 13 estimated [4] - Royalty revenue, franchise fees, and other totaled $79.89 million, slightly below the average estimate of $80.65 million, but representing a year-over-year change of +12.3% [4] - Company-owned restaurant sales revenue was $32.48 million, exceeding the $29.77 million estimate, reflecting an +8.7% year-over-year change [4] - Advertising fees revenue was $61.96 million, below the $64.01 million average estimate, but showing a +13.4% year-over-year change [4] Stock Performance - Wingstop shares have returned -13.5% over the past month, contrasting with the Zacks S&P 500 composite's +3.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Wingstop shares jumped 29% after saying it plans to step up the rate at which it opens new restaurants after posting its most profitable quarter on record https://t.co/dRvFjQFjK9 ...

Core Insights - Wingstop (WING) reported quarterly earnings of $1 per share, exceeding the Zacks Consensus Estimate of $0.88 per share, and showing an increase from $0.93 per share a year ago, resulting in an earnings surprise of +13.64% [1] - The company posted revenues of $174.33 million for the quarter ended June 2025, slightly missing the Zacks Consensus Estimate by 0.05%, but up from $155.7 million year-over-year [2] - Wingstop has surpassed consensus EPS estimates three times over the last four quarters and topped revenue estimates twice in the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $189.28 million, while the estimate for the current fiscal year is $3.91 on revenues of $731 million [7] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Retail - Restaurants industry, to which Wingstop belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Wingstop's stock performance [5]

格隆汇7月30日｜美国餐饮运营商Wingstop二季度调整后每股收益超出市场预期。 ...

Financial Performance - System-wide sales increased by 13.9% to $1.34 billion compared to the same quarter last year[4] - Total revenue increased by 12.0% to $174.3 million from $155.7 million in the prior year[6] - Net income decreased by 2.6% to $26.8 million, or $0.96 per diluted share[4] - Total revenue for the thirteen weeks ended June 28, 2025, was $174,329,000, representing an increase of 11.9% from $155,699,000 in the same period of 2024[30] - Net income for the same period was $26,763,000, slightly down from $27,485,000 in 2024, resulting in diluted earnings per share of $0.96 compared to $0.93[30][39] Operational Efficiency - Adjusted EBITDA increased by 14.3% to $59.2 million, reflecting improved operational efficiency[4] - Adjusted EBITDA for the thirteen weeks ended June 28, 2025, was $59,205,000, up from $51,778,000 in 2024, reflecting a year-over-year increase of 14.3%[36] - The cost of sales as a percentage of company-owned restaurant sales decreased to 75.2% in 2025 from 75.9% in 2024, indicating improved operational efficiency[32] Growth and Expansion - 129 net new openings in the fiscal second quarter 2025, resulting in 19.8% net new unit growth[4] - Domestic restaurant average unit volume (AUV) rose to $2.1 million, up from $2.0 million[4] - The company opened 110 new domestic franchised restaurants, increasing the total to 2,357, up from 1,988 in the previous year, marking a growth of 18.5%[34] - The total number of system-wide restaurants reached 2,818, up from 2,352 in the previous year, indicating strong expansion efforts[34] - Company plans to maintain a global unit growth rate of 17% to 18% for 2025[16] Digital Sales and Trends - Digital sales accounted for 72.2% of system-wide sales, indicating a strong shift towards online transactions[4] Shareholder Returns - Quarterly dividend increased from $0.27 to $0.30 per share, totaling approximately $8.4 million[12] - The company declared dividends per share of $0.27, an increase from $0.22 in the same period last year, reflecting a commitment to returning value to shareholders[30] Assets and Liabilities - Total assets as of June 28, 2025, were $708,288,000, a slight decrease from $716,246,000 at the end of 2024[28] - Long-term debt remained stable at approximately $1,207,631,000, compared to $1,206,201,000 in the previous year[28] Costs and Investments - The company incurred $1,534,000 in system implementation costs related to new technology development, impacting the adjusted net income[39] Same Store Sales - Domestic same store sales decreased by 1.9%, contrasting with a previous growth of 28.7%[5]

Core Insights - Wingstop Inc. reported strong financial results for the fiscal second quarter of 2025, showcasing significant growth in unit openings and sales metrics [1][2][3] Financial Performance - Total revenue increased to $174.3 million, up from $155.7 million in the prior year, representing a 12.0% growth [5][7] - System-wide sales rose by 13.9% to $1.34 billion, driven by new restaurant openings and increased sales [7][16] - Net income decreased by 2.6% to $26.8 million, with adjusted net income increasing by 1.6% to $27.9 million [7][29] - Adjusted EBITDA grew by 14.3% to $59.2 million, reflecting improved operational efficiency [7][34] Operational Highlights - The company opened 129 net new restaurants, achieving a 19.8% growth in units, marking the fourth consecutive quarter of over 100 net openings [3][11] - The total number of system-wide restaurants reached 2,818, with 2,357 domestic franchise locations and 407 international franchise locations [4][11] - Domestic average unit volume (AUV) increased to $2.1 million, while domestic same-store sales decreased by 1.9% [4][7] Cost Management - Cost of sales was $24.4 million, with a decrease in the cost of sales as a percentage of company-owned restaurant sales to 75.2% from 75.9% [6][31] - Selling, general & administrative expenses rose to $32.9 million, primarily due to increased headcount and system implementation costs [8][29] Dividend Announcement - The board of directors approved an increase in the quarterly dividend from $0.27 to $0.30 per share, totaling approximately $8.4 million to be paid on September 5, 2025 [12]

Core Insights - Wingstop is celebrating its annual Wingstop Wing Day by offering fans five free wings, either classic or boneless, in any of its 12 flavors using the code FREEWINGS at checkout [1][2] - The company is launching a new flavor called Hot Lemon, a combination of Original Hot and Lemon Pepper, available for a limited time starting July 30 [3] Company Overview - Wingstop Inc., founded in 1994 and headquartered in Dallas, TX, operates over 2,650 restaurants globally, with 98% owned by brand partners [5] - The company reported approximately $5 billion in system-wide sales for fiscal 2024 and has achieved 21 consecutive years of same-store sales growth [5] - Wingstop aims to become a Top 10 Global Restaurant Brand and has been named the Official Chicken Partner of the NBA [5]

DALLAS, July 24, 2025 /PRNewswire/ -- The Flavor Experts at Wingstop (NASDAQ: WING) filed an application to register National Chicken Tender Day. The move sets out to make official what fans already know: Wingstop's crispy tenders don't just compete – they dominate.But what really hits different about Wingstop's crispy tenders in a crowd of bland fingers and strips? Wingstop filed an application to register National Chicken Tender Day. Tenderloin – one of the most premium and craveable parts of the c ...