Wingstop Inc. (WING) has reported a significant rise in its second-quarter earnings, surpassing market expectations.
The company's earnings reached $27.49 million, or $0.93 per share, compared to $16.18 million, or $0.54 per share, in the same quarter last year.
According to Thomson Reuters, analysts had anticipated an average earning of $0.82 per share, typically excluding special items.
Additionally, the company's revenue for the quarter saw a significant increase of 45.3%, rising to $155.70 million from $107.17 million in the previous year.
Summary of Wingstop Inc. Q2 earnings (GAAP):
- Earnings: $27.49 million vs. $16.18 million last year
- EPS: $0.93 vs. $0.54 last year
- Revenue: $155.70 million vs. $107.17 million last year
