Wingstop Inc. (WING)
NASDAQ:WING
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.04Last Year’s EPS
1Same Quarter Last Year
Strong Buy
Based on 25 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mixed but broadly constructive picture: meaningful growth and momentum in unit development, revenue, adjusted EBITDA, loyalty pilot traction, operational improvements from the Wingstop Smart Kitchen, and strong franchise economics and capital return programs are significant positives. Offsetting these are a substantial Q1 same-store sales decline (8.7%), notable macro and weather headwinds (estimated ~4 percentage point hit), and continued work required to scale Smart Kitchen and delivery performance systemwide. Management expects normalization and a return to same-store sales growth in the second half of the year as initiatives scale.Company Guidance
Unit Growth and Global Expansion
Opened 97 net new restaurants in Q1, representing ~17% unit growth year-over-year; pipeline at more than 2,200 restaurant commitments and on track to enter India in 2026. Management reiterated 2026 global unit growth guidance of 15%–16%.
System-Wide Sales and Revenue Growth
System-wide sales increased 5.9% to $1.4 billion in the quarter; total revenue increased 7.4% to $183.7 million versus prior year.
Adjusted EBITDA and Adjusted EPS Momentum
Adjusted EBITDA was $65.4 million, a 9.9% increase year-over-year. Adjusted diluted EPS (excluding prior-year nonrecurring gain) was $1.18, a 19.2% increase versus Q1 2025.
Strong Franchise Economics and Returns
Domestic average unit volume (AUV) is approximately $2.0 million with an estimated upfront investment of ~$580,000; average brand partner payback <2 years, reinforcing strong unit-level economics and franchise demand.
Operational Improvements (Wingstop Smart Kitchen)
Operational execution improved: ~16 percentage point increase in restaurants hitting the target 10-minute speed of service in Friday/Saturday dinner dayparts versus Q4, ~5 percentage point improvement in accuracy, bottom-quartile restaurants saw ~3-minute faster speed, and delivery customer satisfaction improved ~17 percentage points.
Loyalty Pilot Traction (Club Wingstop)
Pilot shows strong engagement: roughly half of active guests enrolled, ~40% of new guests are signing up in pilot market, members show higher check and stronger retention; reactivation of lapsed users ~2x that of nonmembers in pilot.
Margin and Cost Benefits
Brand partner margins strengthened in Q1; company-owned restaurant cost of sales improved by 110 basis points to 74.9% (driven by a ~160 basis point decline in food, beverage and packaging costs). Supply chain strategy improved visibility into food costs.
Capital Allocation and Shareholder Returns
Board declared a quarterly dividend of $0.30 per share (~$8.2 million) and authorized an additional $300 million for share repurchases; in Q1 repurchased 374,324 shares at an average price of $208.08 with $313.4 million remaining available under the program.
WING Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WING Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $172.97 | $171.21 | -1.02% |
Feb 18, 2026 | $251.46 | $278.73 | +10.84% |
Nov 04, 2025 | $213.52 | $236.71 | +10.86% |
Jul 30, 2025 | $289.28 | $366.97 | +26.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Wingstop Inc. (WING) report earnings?
Wingstop Inc. (WING) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Wingstop Inc. (WING) earnings time?
Wingstop Inc. (WING) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WING EPS forecast?
WING EPS forecast for the fiscal quarter 2026 (Q2) is 1.04.
