DALLAS-
Wingstop Logo (
Highlights for the fiscal first quarter 2024 compared to the fiscal first quarter 2023:
System-wide sales increased 36.8% to
65 net new openings in the fiscal first quarter 2024
Domestic same store sales increased 21.6%
Domestic restaurant AUV increased to
Digital sales increased to 68.3% of system-wide sales
Total revenue increased 34.1% to
Net income increased 83.5% to
Adjusted net income and adjusted earnings per diluted share, both non-GAAP measures, increased 61.8% to
Adjusted EBITDA, a non-GAAP measure, increased 45.3% to
Adjusted EBITDA, adjusted net income, and adjusted earnings per diluted share are non-GAAP measures. Reconciliations of adjusted EBITDA, adjusted net income, and adjusted earnings per diluted share to the most directly comparable financial measure presented in accordance with accounting principles generally accepted in
'Our fiscal first quarter 2024 showcased the momentum behind the Wingstop brand and the continued strength of our strategies, delivering 21.6% domestic same-store sales growth driven almost entirely by transaction growth,' said
Key operating metrics for the fiscal first quarter 2024 compared to the fiscal first quarter 2023:
See full release at: https://ir.wingstop.com/wingstop-inc-reports-fiscal-first-quarter-2024-financial-results/
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