Wingstop Inc. Reports Fiscal Third Quarter 2018 Financial Results
DALLAS, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) today announced fiscal third quarter financial results for the period ended September 29, 2018.
Highlights for the Fiscal Third Quarter 2018 compared to the Fiscal Third Quarter 2017*:
System-wide sales increased 15.1% to $315.3 million
System-wide restaurant count increased 11.7% to 1,215 global locations
System-wide domestic same store sales increased 6.3%
Total revenue increased 15.5% to $38.2 million
Net income increased 33.8% to $6.3 million, or $0.21 per diluted share, compared to $4.7 million, or $0.16 per diluted share
Adjusted EBITDA**, a non-GAAP measure, increased 23.3% to $12.2 million
Wingstop, Inc - Wingstop Inc. Reports Fiscal Third Quarter 2018 Financial Results