NASDAQ$WING

Wingstop Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Wingstop reported Q3 2025 revenue of $175.7M with net income of $28.5M and diluted EPS of $1.02.

System-wide sales growth and new unit development supported revenue of $175.7 million. Net income was $28.5 million with diluted EPS of $1.02 as franchise economics and digital mix improved.

  • Q3 revenue $175.7M; domestic unit growth continued.
  • Net income $28.5M; diluted EPS $1.02.
  • Digital and delivery channels support same-store sales.
  • Franchise development pipeline remains active.

Headline financials

Total Revenue

$176M

Previous: $162M+8.1%
EPS (adj)

$1.02

Previous: $0.88+15.9%
Number of system-wide restaurants

2.9K

Previous: 2.5K+19.3%
Number of domestic franchise restaurants

2.5K

Previous: 2.1K+18.7%
Number of international franchise restaurants

427

Previous: 338+26.3%
Domestic AUV

$2.06M

Previous: $2.12M-2.6%
Domestic same store sales growth

-5.6%

Previous: 20.9%-126.8%
Company-owned domestic same store sales growth

3.8%

Previous: 7.3%-47.9%
Adjusted EBITDA

$63.7M

Previous: $53.7M+18.6%
Net new system-wide restaurant openings

19.3

No prior period
Capital Expenditures

-$24.6M

Previous: -$35.6M+30.8%
Net Income

$28.5M

Previous: $25.7M+10.7%
Operating Income

$49M

Previous: $39.8M+23.0%

Revenue & EPS history

Wingstop · Revenue · Quarterly

$176M

Q3 2025+8.1%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Wingstop · $117M total across 3 segments · Q3 2023

  • Royalty revenue, franchise fees and other
    $53.2M+31.8%
  • Advertising fees
    $40M+24.3%
  • Company-owned restaurant sales
    $24M+18.8%

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and risks; formal multi-year guidance varies by issuer.

Tailwinds

  • Management outlines strategic priorities and capital allocation.
  • Segment or product commentary supports the investment narrative.

Headwinds

  • Macro, rates, or input costs may affect margins.
  • One-time items can affect quarter-over-quarter comparability.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+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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