Wingstop Inc

WING

Equity

ISIN US9741551033 / Valor 28143211

NASDAQ (2024-11-21)

USD 338.41+1.56%

Wingstop Inc
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About company

Wingstop Inc is a company that operates and franchises a global network of restaurants with a focus on serving flavorful chicken wings. The company's mission is to provide customers with a unique and delicious dining experience centered around their signature wings. With a strong emphasis on flavor and quality, Wingstop has established itself as a popular choice for those looking for a tasty and satisfying meal.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Total Revenue

Wingstop Inc. reported a total revenue increase of 45.3% to $155.7 million for the fiscal second quarter of 2024, compared to $107.2 million in the same quarter of the previous year. This growth was driven by a significant rise in system-wide sales and an increase in domestic same store sales.

Net Income

For the fiscal second quarter of 2024, Wingstop Inc. achieved a net income of $27.5 million, or $0.93 per diluted share. This represents a 69.9% increase from the net income of $16.2 million reported in the fiscal second quarter of 2023.

Adjusted EBITDA

Wingstop Inc.'s adjusted EBITDA for the fiscal second quarter of 2024 increased by 50.7% to $51.8 million, compared to $34.4 million in the same period of the previous year. This non-GAAP measure reflects the company's strong operational performance and profitability.

Same Store Sales Growth

Domestic same store sales for Wingstop Inc. increased by 28.7% in the fiscal second quarter of 2024, driven primarily by transaction growth. This significant increase highlights the company's successful strategies in enhancing customer engagement and sales.

Quarterly Dividend

Wingstop Inc.'s Board of Directors approved an increase in the quarterly dividend from $0.22 to $0.27 per share of common stock, resulting in a total dividend of approximately $7.9 million. This dividend will be paid on September 6, 2024, to stockholders of record as of August 16, 2024.

Summarized from source with an LLMView Source

Key figures

46.9%1Y

91.3%3Y

360%5Y

Performance

42.0%1Y

48.2%3Y

49.1%5Y

Volatility