Wingstop beats as same-store sales surge (WING)
Hollis Johnson/Business Insider
- Wingstop beat Wall Street estimates for the first quarter.
- Global sales increased 20.4% compared to the first-quarter of 2017.
- Same store sales increased 9.5%.
- Watch Wingstop trade in real-time here.
Wingstop beat on both the top and bottom lines for the first quarter, but shares are little changed following the results.
The wing chain reported adjusted earnings of $0.25 a share, topping the Bloomberg consensus estimate of $0.19. Revenue came in at $37.4 million compared to the $36.28 million that was expected. See the rest of the story at Business Insider
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