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Sep 26, 2020
Wingstop Q3 2020 Earnings Report
Wingstop's Q3 2020 financial performance was strong, marked by significant revenue growth, same-store sales increases, and strategic capital allocation.
Key Takeaways
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.
System-wide sales increased by 32.8% reaching $509.2 million.
Domestic same store sales grew by 25.4%.
Digital sales accounted for 62.0% of total sales.
Net income increased by 70.7% to $10.1 million, or $0.34 per diluted share.
Wingstop
Wingstop
Wingstop Revenue by Segment
Wingstop Revenue by Geographic Location
Revenue by Segment
Royalties & Fees Revenue
CapyFin.comAdvertising Fees Revenue
CapyFin.comCompany Restaurant Sales Revenue
CapyFin.comRevenue by Geographic Location
System-wide Sales Revenue
CapyFin.com Forward Guidance
Wingstop provided its financial outlook for the fiscal year ending December 26, 2020.
Positive Outlook
- Net system-wide restaurant openings of between 135 - 140
Challenges Ahead
- SG&A costs of approximately $63.5 - $64.5 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income