Wingstop Inc. achieved 27.4% YoY revenue growth in Q4 2024, driven by strong system-wide sales and increased digital sales penetration. Net income surged 42.2%, while adjusted EBITDA rose 44.2%, reflecting operational efficiencies and higher franchise fee revenue.
Wingstop Inc. reported strong fiscal third quarter 2024 financial results, marked by a 39.4% increase in system-wide sales to $1.2 billion and a 20.9% increase in domestic same store sales. The company opened a record 106 net new units, representing a 17.1% growth in system-wide restaurants. Total revenue increased by 38.8% to $162.5 million, and net income rose by 31.9% to $25.7 million, or $0.88 per diluted share.
Wingstop Inc. reported a strong fiscal second quarter 2024, with a 45.2% increase in system-wide sales, a 28.7% increase in domestic same store sales, and 73 net new restaurant openings. Total revenue increased by 45.3% to $155.7 million, and net income increased by 69.9% to $27.5 million.
Wingstop Inc. reported strong financial results for the fiscal first quarter ended March 30, 2024, with a 36.8% increase in system-wide sales to $1.1 billion and a 21.6% increase in domestic same-store sales. The company's domestic AUV exceeded $1.9 million, and net income increased by 83.5% to $28.7 million.
Wingstop Inc. announced its fiscal fourth quarter and full year 2023 financial results, demonstrating robust growth. System-wide sales increased by 24.5% to $965.9 million, and domestic same store sales grew by 21.2%. The company opened 115 net new restaurants in the quarter, with total revenue increasing by 21.2% to $127.1 million. Net income also saw an increase of 6.9% to $18.8 million, or $0.64 per diluted share.
Wingstop Inc. reported strong financial results for the fiscal third quarter ended September 30, 2023, with a 26.5% increase in system-wide sales to $885.0 million and a 15.3% increase in domestic same-store sales. The company's net income rose by 46.0% to $19.5 million, or $0.65 per diluted share, and they updated their guidance for 2023 domestic same store sales growth to approximately 16%.
Wingstop Inc. reported a strong fiscal second quarter 2023, marked by a 27.8% increase in system-wide sales to $809.8 million and a 16.8% rise in domestic same store sales. The company opened 50 net new restaurants, surpassing 2,000 locations globally. Total revenue increased by 27.9% to $107.2 million, with net income up by 21.6% to $16.2 million, or $0.54 per diluted share.
Wingstop Inc. reported a strong fiscal first quarter 2023 with a 20.1% increase in domestic same store sales growth and a record digital sales mix of 65.2%. The company's total revenue increased by 42.7% to $108.7 million, and net income increased by 80.6% to $15.7 million.
Wingstop Inc. reported strong financial results for the fiscal fourth quarter and full year 2022, which benefited from a 53rd week compared to fiscal 2021. Key highlights include a 28.9% increase in system-wide sales, an 8.7% increase in domestic same store sales, and a 155.2% increase in net income for the fiscal fourth quarter 2022.
Wingstop Inc. reported a system-wide sales increase of 17.7% to $699.6 million, driven by a 6.9% increase in domestic same store sales. The company opened 40 net new restaurants and saw total revenue rise by 40.9% to $92.7 million. Net income increased by 18.4% to $13.4 million, or $0.45 per diluted share, while adjusted EPS also reached $0.45.
Wingstop Inc. announced financial results for the fiscal second quarter ended June 25, 2022, featuring a 7.5% increase in system-wide sales to $633.6 million and 67 net new openings. Total revenue increased 13.2% to $83.8 million, and net income rose 17.6% to $13.3 million, or $0.44 per diluted share. The company reiterated its full-year financial outlook, benefiting from deflation in bone-in wings and proven sales-driving strategies.
Wingstop Inc. announced financial results for the fiscal first quarter ended March 26, 2022. System-wide sales increased 12.7% to $630.0 million and the company had 60 net new openings. Total revenue increased 7.8% to $76.2 million. The company is raising its net new unit guidance for the full year to 220+.
Wingstop Inc. announced strong financial results for the fiscal fourth quarter ended December 25, 2021. Key highlights include a 7.5% increase in domestic same store sales, a system-wide sales increase of 19.8% to $601.9 million, and a total revenue increase of 13.8% to $72.0 million. Net income increased to $6.9 million, or $0.23 per diluted share.
Wingstop Inc. announced financial results for the fiscal third quarter ended September 25, 2021, with system-wide sales increasing by 16.7% to $594.3 million and domestic same-store sales growing by 3.9%. The company achieved 49 net new openings. Total revenue increased by 2.8% to $65.8 million, and net income increased by 12.0% to $11.3 million, or $0.38 per diluted share.
Wingstop Inc. reported fiscal second quarter financial results with a 15.8% increase in system-wide sales, 2.1% increase in domestic same-store sales, and total revenue increase of 11.9% to $74.0 million. The company opened 45 net new restaurants, representing a 13.1% unit growth.
Wingstop Inc. reported a strong fiscal first quarter in 2021, with a 30.0% increase in system-wide sales, a 20.7% increase in domestic same-store sales, and a 62.5% increase in net income. The company's digital sales also grew significantly, and it is continuing to expand its restaurant footprint.
Wingstop Inc. reported financial results for the fiscal fourth quarter ended December 26, 2020. System-wide sales increased by 26.5% to $502.5 million, and domestic same-store sales increased by 18.2%. Total revenue increased by 19.0% to $63.3 million. However, the company reported a net loss of $6.4 million, or $0.21 per diluted share, due to expenses associated with debt refinancing and a special dividend.
Wingstop Inc. reported a strong fiscal third quarter 2020, with a 32.8% increase in system-wide sales to $509.2 million and a 25.4% increase in domestic same store sales. The company completed a $480 million recapitalization and declared a special dividend of $5.00 per share.
Wingstop Inc. reported a strong fiscal second quarter with a 37.0% increase in system-wide sales to $509.0 million and a 36.1% increase in total revenue to $66.1 million. Net income increased by 134.6% to $11.5 million, and domestic same store sales grew by 31.9%. The company also saw a rise in digital sales, accounting for 63.7% of domestic system-wide sales.
Wingstop's Q1 2020 results showed resilience with an 18.6% increase in system-wide sales and a 9.9% increase in domestic same store sales. Digital sales also saw growth, accounting for 47% of sales.
Wingstop Inc. announced positive financial results for Q4 2019, featuring a 21.2% increase in system-wide sales, a 12.2% rise in domestic same store sales, and total revenue growth to $53.2 million. Net income also increased to $3.0 million.