Overview

• Wingstop posted adjusted second-quarter earnings of $1.00 per share on revenue of $174.3 million, topping FactSet estimates of $0.87 and $173.7 million.
• The company opened a record 129 net new locations in Q2, marking nearly 20% growth in its global restaurant footprint.
• Systemwide sales climbed to $1.34 billion and domestic same-store sales rose 3.6%, reversing analysts’ forecasts of a decline.
• Shares surged more than 25% in early trading as Bank of America and other firms lifted price targets and upgrade ratings.
• Wingstop increased its quarterly dividend to $0.30 and is rolling out AI-powered “smart kitchens” to roughly 1,000 U.S. restaurants by year-end.