Wingstop Q2 revenue rises on new franchise openings - WING News | Rallies
Wingstop Q2 revenue rises on new franchise openings W WING • 2026-07-29 Outlook
Wingstop expects 2026 domestic same store sales to decline 4% to 6%
Company reiterates 2026 global unit growth rate of 15% to 16%
Wingstop sees 2026 SG&A expense between $140 mln and $143 mln, including $3 mln restructuring charges
Overview
U.S. chicken wing chain's fiscal Q2 revenue rose 6.4% yr/yr
Adjusted EPS for fiscal Q2 increased 18% yr/yr
Domestic same store sales fell 7.5%, reflecting lower transaction volumes and consumer spending pressure
Key Details Metric Beat/Miss Actual Consensus Estimate Q2 System-Wide Sales $1.41 bln Q2 EPS $1.15 Q2 Adjusted Net Income $32.09 mln Q2 Net Income $31.29 mln Q2 Adjusted EBITDA $66.63 mln Q2 Same Store Sales Growth -7.50%
Result Drivers
NEW UNIT OPENINGS - Revenue growth was primarily driven by net new franchise development, with 102 net new openings in the quarter
SAME STORE SALES DECLINE - Domestic same store sales fell 7.5% due to lower transaction volumes and continued pressure on consumer spending
LOWER FOOD COSTS - Cost of sales as a percentage of company-owned restaurant sales decreased, mainly due to a decline in the cost of bone-in chicken wings
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