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Wingstop Late Wednesday Issued Prelim. Q1 Results; Says System-Wide Sales Increased 30% YoY


Benzinga | Apr 1, 2021 12:21PM EDT

Wingstop Late Wednesday Issued Prelim. Q1 Results; Says System-Wide Sales Increased 30% YoY

Wingstop Inc. (NASDAQ:WING) today released preliminary unit development and unaudited sales results for the fiscal first quarter 2021. The company also announced that it will host a conference call and webcastWingstop Inc. (NASDAQ:WING) today released preliminary unit development and unaudited sales results for the fiscal first quarter 2021. The company also announced that it will host a conference call and webcast to discuss its fiscal first quarter 2021 financial results on Wednesday, April 28, 2021.

Highlights for the fiscal first quarter 2021 as compared to the fiscal first quarter 2020:

* 41 net new openings resulting in 1,579 Wingstop restaurants system-wide, an increase of 11.7%

* Domestic same-store sales increased 20.7%

* Company-owned restaurant same-store sales increased 13.4%

* System-wide sales increased 30.0% to approximately $558.9 million

* Digital sales increased to 63.6%, compared to 43.3% in fiscal first quarter 2020







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