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Wingstop (WING) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-07-30 14:36
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]
X @Bloomberg
Bloomberg· 2025-07-30 14:34
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 ...
Starbucks CEO is accelerating the rollout of its new operating model: Morgan Stanley's Brian Harbour
CNBC Television· 2025-07-30 12:59
Starbucks's CEO Brian Nichols saying the coffee chain's turnaround is quote ahead of schedule despite the company reporting its sixth straight quarter of declining same store sales. Joining us right now with more on the quarter is Brian Harbor. He's US restaurants analyst at Morgan Stanley.Good morning to you. We're looking at the stock now about 98 bucks. Is this ahead of schedule in your mind.>> Well, look, I think there's no denying that the numbers are still tough here, but what what suggests that it's ...
X @Forbes
Forbes· 2025-07-30 11:48
New York Restaurants August 2025: Where To Go https://t.co/iDU0YmItAw ...
Wingstop Inc. Reports Fiscal Second Quarter Financial Results
Prnewswire· 2025-07-30 11:30
Record 129 Net New Openings in Second Quarter, 19.8% Net New Unit GrowthDALLAS, July 30, 2025 /PRNewswire/ -- Wingstop Inc. ("Wingstop" or the "Company") (NASDAQ: WING) today announced financial results for the fiscal second quarter ended June 28, 2025.Highlights for the fiscal second quarter 2025 compared to the fiscal second quarter 2024: System-wide sales increased 13.9% to $1.3 billion 129 net new openings in the fiscal second quarter 2025 Domestic restaurant AUV increased to $2.1 million Domestic same ...
X @Forbes
Forbes· 2025-07-30 10:50
New York Restaurants August 2025: Where To Go https://t.co/cG8WrDLruL https://t.co/cG8WrDLruL ...
X @Forbes
Forbes· 2025-07-30 10:40
New York Restaurants August 2025: Where To Gohttps://t.co/58HOAZHRsu https://t.co/ZwEOr1OSyE ...
星级酒店摆摊,老牌酒楼扎堆卖快餐,释放了什么信号?
3 6 Ke· 2025-07-30 09:05
Core Insights - The article highlights the emergence of budget-friendly dining options from traditional high-end restaurants, indicating a significant shift in the restaurant industry due to economic pressures and changing consumer behavior [1][9]. Group 1: Company Developments - "Yanyangtian," a well-known restaurant brand in Hubei, has launched a fast-food canteen offering over 50 dishes, with prices starting as low as 1.5 yuan, contrasting sharply with its previous high-end image [1][2]. - The new canteen, named "Yanyangtian Neighborhood Canteen," is located next to its existing high-end restaurant and is designed to cater to local communities, including nearby schools and residential areas [2][6]. - The canteen's pricing strategy includes dishes that are significantly cheaper than those at its upscale counterparts, with some items priced 30-40% lower [4]. Group 2: Industry Trends - A trend is emerging where traditional restaurants are adopting lower-priced fast-food models, with several well-established brands, such as "Ice Fire Tower" and "Guangzhou Restaurant," launching similar initiatives [7][8]. - The restaurant industry is facing a crisis, with many long-standing establishments closing down due to rising operational costs, declining demand, and outdated business models [9][10]. - The marriage market, a significant source of revenue for traditional restaurants, is shrinking, as evidenced by a 20.5% decrease in marriage registrations in 2024 compared to 2023, leading to a decline in banquet business [10][12]. - The shift towards fast food by traditional restaurants is seen as a necessary adaptation to survive in a changing market, although the long-term viability of this strategy remains uncertain [12][13].
X @The Wall Street Journal
The coffee chain that won't leave Starbucks alone is now coming for America. 🔗 https://t.co/YT96tBTItt https://t.co/eT26j7KCiF ...
Starbucks plans to phase out its mobile-only stores for a future with more 'warmth and human connection'
Business Insider· 2025-07-30 04:41
Group 1 - Starbucks is discontinuing its mobile order-only store model, phasing out 80 to 90 pickup-only locations in the US, many of which are in office buildings and lack seating [1] - CEO Brian Niccol stated that these stores felt too transactional and did not provide the warmth or human connection expected by customers [2] - The company is collaborating with CloudKitchens to expand its network in locations like San Francisco, utilizing ghost kitchens to fulfill orders on delivery platforms [3] Group 2 - Starbucks is developing a new "coffeehouse of the future" prototype featuring 32 seats and a drive-thru, set to debut in the next fiscal year [4] - The company plans to invest $500 million over the next year to enhance staffing and improve in-store wait times [4] - Same-store sales have dropped for six consecutive quarters, prompting Niccol to encourage employees to spend more time in the office to help turn the situation around [9] Group 3 - Unpredictable coffee prices and ongoing tariff pressures may lead to challenging financial conditions until 2026, although Niccol mentioned that "momentum is building" and the company is "ahead of schedule" [9] - Following the Q3 earnings report, which fell below analyst expectations, Starbucks shares dipped but rose approximately 3% in after-hours trading, remaining flat for the year [9]