NASDAQ$WING

Wingstop Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Wingstop reported financial results for the fiscal first quarter ended March 28, 2020.

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.

Headline financials

Total Revenue

$55.4M

Previous: $48.1M+15.4%
EPS (adj)

$0.27

Previous: $0.22+22.7%
Domestic same store sales growth

9.9%

Previous: 7.1%+39.4%
Capital Expenditures

-$1.58M

Previous: -$641K-146.3%
Free Cash Flow

$6.52M

Previous: $5.97M+9.3%
Net Income

$8.1M

Previous: $6.61M+22.6%
Operating Income

$13.5M

Previous: $11.8M+14.4%
Gross Profit

$44.3M

Previous: $38.3M+15.5%
Cash & Equivalents

$31M

Previous: $13.6M+127.7%
Total Assets

$189M

Previous: $151M+24.5%
Stock-Based Comp

$1.33M

Previous: $838K+58.8%

Revenue & EPS history

Wingstop · Revenue · Quarterly

$55.4M

Q1 2020+15.4%vs Q1 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Wingstop · $55.4M total across 3 segments · Q1 2020

  • Royalty revenue, franchise fees and other
    $24.2M+13.5%
  • Advertising fees
    $16M+21.2%
  • Company-owned restaurant sales
    $15.2M+12.6%

Forward guidance

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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+2.7%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+3.5%

Avg return

30 days after

63%

31 / 49 earnings

Positive

+26.6%

Q2 2022

Best reaction

-22.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%-13.0%-9.3%
Q4 2025+10.8%-1.4%-25.4%
Q3 2025+10.8%+11.3%+22.8%
Q1 2025+14.5%+16.8%+48.2%
Q4 2024-13.4%-22.7%-29.6%
Q3 2024-22.0%-19.5%-10.9%
Q2 2024-1.3%-6.4%+2.5%
Q1 2024-0.8%+2.9%-4.2%
Q4 2023+3.0%+7.7%+9.8%
Q3 2023+8.7%+13.0%+32.8%
Q2 2023-1.7%-0.9%-5.7%
Q1 2023+4.1%+3.6%-0.8%
Q4 2022+4.8%+4.2%+10.9%
Q3 2022+17.5%+17.5%+15.3%
Q2 2022+26.6%+24.3%+16.1%
Q1 2022-1.4%-9.4%-12.4%
Q4 2021-1.5%-15.3%-16.7%
Q3 2021-2.6%+1.1%-7.7%
Q2 2021+2.5%+0.5%+1.1%
Q1 2021+6.7%+8.0%-3.7%
Q4 2020-16.0%-20.9%-20.8%
Q3 2020+1.6%+13.7%+8.3%
Q2 2020+19.1%+22.0%+23.6%
Q1 2020+1.7%+4.6%-0.8%
Q4 2019-0.5%-4.2%-44.4%
Q3 2019-0.3%-8.0%-4.4%
Q2 2019-3.2%-1.3%+4.8%
Q1 2019+3.7%+3.6%+16.8%
Q4 2018+0.6%-1.2%+14.8%
Q3 2018-6.7%-7.1%-4.7%
Q2 2018+20.6%+20.6%+36.4%
Q1 2018+10.7%+12.7%+4.1%
Q4 2017-3.0%-0.1%+3.0%
Q3 2017+10.4%+8.7%+17.5%
Q2 2017+5.2%+6.7%+8.9%
Q1 2017+10.7%+5.8%+0.3%
Q4 2016-3.7%-6.8%+4.7%
Q3 2016+1.5%-1.5%+17.6%
Q2 2016+11.6%+16.8%+17.2%
Q1 2015+2.3%
Q1 2016+1.4%
Q4 2013+0.2%
Q1 2014+0.2%
Q4 2015+4.2%
Q3 2014-5.8%
Q3 2015-0.5%
Q2 2014+0.4%
Q4 2014+0.4%
Q2 2015+0.7%

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