Wingstop reports Q2 adjusted EPS $1.00, consensus 87c

Reports Q2 revenue $174.3M, consensus $173.54M. Domestic same store sales decreased 1.9%. “Our second quarter results showcase the strength of our unit economics and returns our brand partners are seeing for their businesses,” said Michael Skipworth, President & Chief Executive Officer. “Our momentum in development continued in the second quarter, opening 129 net new units, delivering 19.8% unit growth, which marked our fourth consecutive quarter of opening more than 100 net new units. We continue to open new restaurants at a record pace, demonstrating our brand partners’ commitment to growing the Wingstop (WING) brand, furthering us towards our vision of becoming a Top 10 Global Restaurant Brand.”