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Wingstop (WING)

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Earnings summaries and quarterly performance for Wingstop.

Research analysts who have asked questions during Wingstop earnings calls.

Danilo Gargiulo

Danilo Gargiulo

AllianceBernstein

9 questions for WING

Also covers: CAVA, CMG, DPZ +10 more
DT

David Tarantino

Robert W. Baird & Co.

9 questions for WING

Also covers: ATKR, BROS, CAKE +19 more
JB

Jeffrey Bernstein

Barclays

9 questions for WING

Also covers: BJRI, BLMN, BROS +22 more
SS

Sara Senatore

Bank of America

9 questions for WING

Also covers: BLMN, BROS, CAKE +21 more
AC

Andrew Charles

TD Cowen

8 questions for WING

Also covers: BROS, CAVA, CMG +14 more
Brian Harbour

Brian Harbour

Morgan Stanley

8 questions for WING

Also covers: BLMN, BROS, CAKE +21 more
Andrew Barish

Andrew Barish

Jefferies

7 questions for WING

Also covers: BROS, CAKE, CAVA +10 more
CC

Christine Cho

Goldman Sachs Group

5 questions for WING

Also covers: BEP, BEPC, BLMN +24 more
Gregory Francfort

Gregory Francfort

Guggenheim Securities

5 questions for WING

Also covers: BROS, CMG, DPZ +11 more
CO

Chris O'Cull

Stifel

4 questions for WING

Also covers: CAVA, CMG, DRI +3 more
CO

Christopher O'Cull

Stifel, Nicolaus & Company

3 questions for WING

Also covers: BROS, CAVA, CMG +13 more
HJ

Hyun Jin Cho

Goldman Sachs

3 questions for WING

Also covers: CMG, DRI, EAT +6 more
James Salera

James Salera

Stephens Inc.

3 questions for WING

Also covers: BRBR, CAKE, CELH +20 more
Jeffrey Farmer

Jeffrey Farmer

Gordon Haskett Research Advisors

3 questions for WING

Also covers: BLMN, BROS, CAKE +7 more
AB

Andy Barish

Jefferies Financial Group Inc.

2 questions for WING

Also covers: BROS, CAKE, DRI +4 more
CO

Chris O'cull

Stifel Financial Corp

2 questions for WING

Also covers: BROS, CAVA, CMG +11 more
DG

Dennis Geiger

UBS

2 questions for WING

Also covers: BLMN, BROS, CAKE +18 more
Jim Salera

Jim Salera

Stephens Inc.

2 questions for WING

Also covers: BRBR, CAKE, CELH +21 more
JT

Jon Tower

Citigroup

2 questions for WING

Also covers: BJRI, BLMN, BROS +19 more
PS

Peter Saleh

BTIG

2 questions for WING

Also covers: BYND, CHEF, DPZ +14 more
ZF

Zach Fadem

Wells Fargo

2 questions for WING

Also covers: AAP, FND, HD +4 more
Brian Vaccaro

Brian Vaccaro

Raymond James Financial, Inc.

1 question for WING

Also covers: BLMN, CAKE, CAVA +7 more
SZ

Sharon Zackfia

William Blair & Company

1 question for WING

Also covers: BIRK, BJRI, BROS +16 more

Recent press releases and 8-K filings for WING.

Wingstop Reports Q4 and Full Year 2025 Results, Provides 2026 Outlook
WING
Earnings
Guidance Update
New Projects/Investments
  • Wingstop achieved 12% system-wide sales growth for the full year 2025, reaching over $5 billion, and Q4 2025 system-wide sales increased 9.3% to $1.3 billion. Adjusted EBITDA grew 15% for the full year 2025 and 10% in Q4 2025 to $61.9 million, with Q4 adjusted earnings per diluted share at $1.
  • The company opened 493 restaurants globally in 2025, surpassing 3,000 total restaurants, and projects global unit growth of 15% to 16% in 2026. Average Unit Volumes (AUVs) reached $2 million, with a long-term target of $3 million.
  • Domestic same-store sales declined 3% for the full year 2025 and 5.8% in Q4 2025, but Wingstop anticipates a return to flat to low single-digit % growth in 2026. This outlook is supported by the full rollout of the Wingstop Smart Kitchen across all domestic restaurants in 2025 and the planned national launch of the Club Wingstop loyalty program by the end of Q2 2026.
  • In 2025, Wingstop returned over $250 million of capital to shareholders through dividends and share repurchases, and declared a quarterly dividend of $0.30 per share payable in March 2026.
Feb 18, 2026, 3:00 PM
Wingstop Reports Q4 and Full-Year 2025 Results, Provides 2026 Outlook
WING
Earnings
Guidance Update
New Projects/Investments
  • Wingstop reported 12% system-wide sales growth and 15% Adjusted EBITDA growth for 2025, despite a 3% decline in same-store sales.
  • The company completed the national rollout of the Wingstop Smart Kitchen in all domestic restaurants in 2025 and plans a national launch of its Club Wingstop loyalty program by the end of Q2 2026.
  • For 2026, Wingstop anticipates domestic same-store sales to be flat to low single-digit % growth and global unit growth between 15% and 16%.
  • In Q4 2025, Adjusted EPS increased 5% to $1, and the board authorized a quarterly dividend of $0.30 per share to be paid in March 2026.
Feb 18, 2026, 3:00 PM
Wingstop Reports Q4 and Full-Year 2025 Results, Outlines 2026 Outlook
WING
Earnings
Guidance Update
New Projects/Investments
  • Wingstop reported Q4 2025 system-wide sales of $1.3 billion, a 9.3% increase year-over-year, with adjusted EBITDA growing 10% to $61.9 million and adjusted EPS up 5% to $1. For the full year 2025, system-wide sales grew 12% to over $5 billion, adjusted EBITDA grew 15%, and the company opened 493 new restaurants globally, exceeding 3,000 total restaurants.
  • Domestic same-store sales declined 5.8% in Q4 2025 and 3% for the full year, marking the first decline in 22 years. However, the Wingstop Smart Kitchen was fully deployed across all domestic restaurants by year-end 2025, showing early signs of improved customer frequency and reduced delivery times.
  • A national launch of the Club Wingstop loyalty program is planned for the end of Q2 2026, following a successful pilot. For 2026, the company anticipates domestic same-store sales to be flat to low-single-digit percent growth and global unit growth between 15% and 16%, with an adjusted EBITDA growth rate of approximately 15%.
Feb 18, 2026, 3:00 PM
Wingstop Inc. Reports Q4 and Fiscal Year 2025 Financial Results
WING
Earnings
Guidance Update
Share Buyback
  • Wingstop Inc. announced its Q4 and fiscal year 2025 financial results, with total revenue reaching $175.7 million for Q4 2025 and $696.9 million for the full fiscal year 2025.
  • For fiscal year 2025, net income increased 60.3% to $174.3 million, or $6.21 per diluted share, and Adjusted EBITDA grew 15.2% to $244.2 million.
  • The company achieved a record 493 net new restaurant openings in 2025, representing 19.2% unit growth, and system-wide sales increased 12.1% for the fiscal year.
  • Wingstop provided 2026 guidance, projecting flat to low-single digit domestic same store sales growth and a global unit growth rate of 15% to 16%.
  • The Board of Directors declared a quarterly dividend of $0.30 per share, and the company repurchased 248,278 shares during the fourth quarter of 2025.
Feb 18, 2026, 12:45 PM
Wingstop Reports Fourth Quarter and Fiscal Year 2025 Financial Results
WING
Earnings
Guidance Update
Share Buyback
  • Wingstop achieved a record 493 net new restaurant openings in 2025, representing 19.2% unit growth, bringing the total system-wide restaurants to 3,056 by December 27, 2025.
  • For fiscal year 2025, system-wide sales increased 12.1% to $5.3 billion, total revenue grew 11.4% to $696.9 million, and Adjusted EBITDA increased 15.2% to $244.2 million. Adjusted earnings per diluted share for the year was $4.08, up from $3.75 in 2024.
  • In the fourth quarter of 2025, system-wide sales increased 9.3% to $1.3 billion, total revenue increased 8.6% to $175.7 million, and adjusted earnings per diluted share was $1.00.
  • The company provided Fiscal Year 2026 guidance, forecasting flat to low-single digit domestic same store sales growth and a global unit growth rate of 15% to 16%.
  • Wingstop declared a quarterly dividend of $0.30 per share and repurchased 248,278 shares of common stock at an average price of $241.65 per share during the fourth quarter of 2025.
Feb 18, 2026, 12:45 PM
Wingstop Opens 3,000th Restaurant
WING
New Projects/Investments
Guidance Update
  • Wingstop announced the opening of its 3,000th restaurant globally on November 26, 2025, marking a significant milestone in its expansion efforts.
  • The company achieved this milestone at a record pace, opening nearly 800 restaurants and expanding its global footprint by 50% in just two years.
  • During this period, Wingstop entered six new markets and now operates in 47 U.S. states and 15 countries, with plans to open in Thailand, Italy, and Ireland soon.
  • Wingstop aims to become a Top 10 Global Restaurant Brand with more than 10,000 restaurants worldwide, driven by a strong development pipeline and franchisee interest.
Nov 26, 2025, 1:50 PM
Wingstop Reports Q3 2025 Results and Updates Full-Year Guidance
WING
Earnings
Guidance Update
New Projects/Investments
  • Wingstop reported a 5.6% decline in same-store sales for Q3 2025, which was below expectations due to a broader softening consumer environment.
  • Despite the sales decline, the company achieved $63.6 million in Adjusted EBITDA, a 19% increase year-over-year, and Adjusted EPS of $1.09, up 15.6% compared to the prior year.
  • For full-year 2025, domestic same-store sales guidance was updated to a decline of 3%-4%, while global unit growth guidance was increased to 475-485 net new restaurants.
  • Strategic initiatives, including the rollout of the Wingstop Smart Kitchen (implemented in over 2,000 restaurants), a new marketing campaign, and the upcoming Club Wingstop loyalty program (targeting national launch by end of Q2 2026), are expected to drive a return to same-store sales growth in 2026.
  • Wingstop declared a quarterly dividend of 30 cents per share and repurchased 140,103 shares of common stock at an average price of $285.26 during Q3 2025.
Nov 4, 2025, 3:00 PM
Wingstop Reports Strong Q3 2025 Financials, Updates 2025 Guidance, and Details Growth Strategies
WING
Earnings
Guidance Update
New Projects/Investments
  • Wingstop reported strong Q3 2025 financial results, including 10% system-wide sales growth, 19% unit growth, and a nearly 19% increase in adjusted EBITDA to $63.6 million. Adjusted earnings per diluted share rose 15.6% to $1.09.
  • The company updated its 2025 guidance, increasing global unit growth to a range of 475-485 net new restaurants and adjusting the domestic same-store sales outlook to a decline of 3%-4%.
  • Strategic initiatives, including the Wingstop Smart Kitchen, a new marketing campaign, and the Club Wingstop loyalty program (set for national launch by the end of Q2 2026), are expected to drive a return to same-store sales growth in 2026 and contribute to long-term goals of over 10,000 restaurants and $3 million AUVs.
  • Wingstop finalized a landmark agreement for expansion in India, identifying an opportunity for over 1,000 restaurants in that market.
Nov 4, 2025, 3:00 PM
Wingstop Reports Q3 2025 Results, Updates Guidance, and Details Strategic Initiatives
WING
Earnings
Guidance Update
Demand Weakening
  • Wingstop (WING) reported 10% system-wide sales growth and 19% unit growth in Q3 2025, with 369 net new restaurants opened through the first nine months of the year.
  • Domestic same-store sales declined 5.6% in Q3 2025, leading to an updated full-year 2025 outlook for domestic same-store sales to a decline of 3%-4%.
  • Adjusted EBITDA increased 19% to $63.6 million and Adjusted EPS grew 15.6% to $1.09 in Q3 2025.
  • The company is rolling out the Wingstop Smart Kitchen to over 2,000 restaurants, launched a new marketing campaign, and is piloting the Club Wingstop loyalty program, with a national launch planned by the end of Q2 2026.
  • Wingstop updated its global unit growth guidance for 2025 to 475-485 net new restaurants and declared a quarterly dividend of $0.30 per share.
Nov 4, 2025, 3:00 PM
Wingstop Inc. Reports Q3 2025 Financial Results and Updates 2025 Guidance
WING
Earnings
Guidance Update
Share Buyback
  • Wingstop Inc. reported a 10.0% increase in system-wide sales to $1.4 billion and an 8.1% increase in total revenue to $175.7 million for the fiscal third quarter ended September 27, 2025. Adjusted EBITDA grew 18.6% to $63.7 million, and net income increased 10.7% to $28.5 million, or $1.02 per diluted share.
  • The company achieved 114 net new restaurant openings in the fiscal third quarter 2025, contributing to 19.3% net new unit growth.
  • Despite overall growth, domestic same store sales decreased 5.6% in Q3 2025.
  • Wingstop updated its 2025 guidance, now anticipating a 3% to 4% decline for domestic same store sales growth (previously approximately 1% growth).
  • The Board of Directors declared a quarterly dividend of $0.30 per share, and the company repurchased 140,103 shares of common stock during the quarter.
Nov 4, 2025, 12:30 PM