Loading...
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.
System-wide sales increased 18.6% to $429.9 million.
Domestic same store sales increased 9.9%.
Digital sales increased to 47.0% at the end of the fiscal first quarter 2020.
Net income increased 22.6% to $8.1 million, or $0.27 per diluted share.
Due to the uncertainty surrounding COVID-19, the company withdrew its previous 2020 guidance for domestic same-store sales, system-wide unit growth, SG&A, Adjusted SG&A and the effective tax rate.
Visualization of income flow from segment revenue to net income