NASDAQ$WING
Wingstop Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Wingstop reported fiscal first quarter financial results, with system-wide sales increasing and raising full year unit guidance.
Wingstop Inc. announced financial results for the fiscal first quarter ended March 26, 2022. System-wide sales increased 12.7% to $630.0 million and the company had 60 net new openings. Total revenue increased 7.8% to $76.2 million. The company is raising its net new unit guidance for the full year to 220+.
- System-wide sales increased 12.7% to $630.0 million.
- 60 net new openings in the fiscal first quarter 2022, an increase of 13.4%.
- Domestic same-store sales increased 1.2%.
- Total revenue increased 7.8% to $76.2 million.
Headline financials
Revenue & EPS history
Wingstop · Revenue · Quarterly
$76.2M
Revenue by segment
Wingstop · $76.2M total across 3 segments · Q1 2022
- Royalty revenue, franchise fees and other$35.1M+11.0%46.0%
- Advertising fees$22.5M+4.7%29.6%
- Company-owned restaurant sales$18.6M+5.9%24.4%
Forward guidance
The Company is providing updated guidance for 2022, which is a 53-week fiscal year:
Tailwinds
- 220+ net new units, which assumes no additional delays in supply chain availability.
- Low-single digit domestic same store sales growth.
- SG&A of between $70.0 - $72.0 million.
- Stock-based compensation expense of between $7.5 - $8.5 million.
- Diluted earnings per share of between $1.55 to $1.57.
Headwinds
- The company's ability to achieve or maintain sales and earnings may be affected by COVID-19 related factors.
- The length of time that the pandemic continues.
- The inability of workers, including third party delivery drivers, to work due to illness, quarantine, or government mandates.
- Temporary store closures due to reduced workforces or government mandates.
- Competitive labor market.
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 2022
+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
| Quarter | Report date | Reaction (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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