Wingstop's Q4 Earnings Miss Estimates

Wingstop Inc WING reported fourth-quarter FY21 sales growth of 13.8% year-on-year, to $72 million, missing the analyst consensus of $73.53 million.
System-wide sales increased 19.8% Y/Y to $601.9 million. Domestic same-store sales increased 7.5% or 25.7% on a two-year basis.
Revenue from royalty, franchise fees rose 18.2% Y/Y, advertising fee revenue rose 13%, and company-owned restaurant sales grew 7.2%.
Total costs and expenses expanded 8.7% Y/Y to $57.8 million. The operating margin was 19.7%, and operating income for the quarter rose 41% to $14.2 million.
The company held $52 million in cash and equivalents as of December 25, 2021.
Adjusted EBITDA of $20.2 million increased 24.5% Y/Y.
Adjusted EPS of $0.24 missed the analyst consensus of $0.31.
The company's quarterly dividend of $0.17 per share will be paid on March 25, 2022, to stockholders of record as of March 11, 2022.
Outlook: Wingstop reaffirmed its three- to five-year outlook of mid-single-digit domestic same-store sales growth.
Price Action: WING shares are trading higher by 2.46% at $161.56 on the last check Wednesday.

Momentum34.80

Growth44.13

QualityNot Available

Value10.22

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