Wingstop Q3: Same-Store Sales Down 5.4%, Net Income Up 2.2% to $29.1M
WING sits 44% above its 52-week low of $95.82 on elevated volume (2.9× avg).
Summary
Wingstop's Q3 10-Q confirms the same-store sales decline and outlook cut disclosed this morning. Revenue rose 5.3% to $185.1 million and net income rose 2.2% to $29.1 million, while adjusted EPS fell 3.5%.
Key Events · Earnings and Guidance · WING
-
Q3 Same-Store Sales Fall 5.4%
Domestic same-store sales decreased 5.4% in the quarter and 7.2% year-to-date; domestic AUV dropped to $1,848 from $2,061 a year ago.
-
Revenue Up, Adjusted EPS Down
Total revenue rose 5.3% to $185.1 million on 76 net new openings, and net income rose 2.2% to $29.1 million ($1.07 per diluted share). Adjusted EPS, however, fell 3.5% to $1.08, and adjusted EBITDA was flat at $64.0 million.
-
Year-to-Date Profit Down 38.8%
Net income fell to $90.3 million from $147.5 million, largely because the prior-year period included a $97.2 million gain on the LPH investment sale.
-
Buybacks and Dividend Continue
565,012 shares were repurchased for $103.8 million at a $182.10 average, leaving $288.4 million available, and the quarterly dividend was raised to $0.33 per share from $0.30.
Analysis · WING · Trade & Services
The 10-Q puts hard numbers on the guidance cut announced this morning. Domestic same-store sales fell 5.4% in Q3 and 7.2% year-to-date, and domestic AUV dropped to $1,848 from $2,061. Revenue still grew 5.3% to $185.1 million on 76 net new openings, while net income rose 2.2% to $29.1 million ($1.07 per diluted share). Adjusted EPS, however, slipped 3.5% to $1.08 as company-owned restaurant margins compressed. Year-to-date net income is down 38.8% to $90.3 million, mostly because last year included a $97.2 million gain on the LPH sale. Cash fell to $141.2 million from $228.5 million at year-end after $103.8 million of buybacks and $25.6 million of dividends; the $1.2 billion of securitized debt stays classified long-term under the sub-5.0x leverage covenant.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 30.7% of the 1698 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WING was trading at $137.80 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $3.8B. The 52-week trading range was $95.82 to $302.80. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.