Wingstop (NASDAQ:WING) reported Q4 EPS of $0.60, $0.19 better than the analyst estimate of $0.41. Revenue for the quarter came in at $104.9 million versus the consensus estimate of $100.96 million.
Financial Outlook:
The Company is reaffirming its three- to five-year outlook of mid-single digit domestic same store sales growth. Additionally, the Company expects the following for 2023, which is a 52-week fiscal year:
- Approximately 240 global net new units;
- SG&A of between $82.0 - $84.0 million;
- Stock-based compensation expense of between $11.5 - $12.5 million; and
- Depreciation and amortization of between $14.0 - $15.0 million.