Wingstop Q2 Net Income Up 16.9% to $31.3M; Authorizes $300M Buyback
Wingstop Inc. reported a 16.9% increase in net income to $31.3 million, or $1.15 per diluted share, for the second quarter of fiscal year 2026. Total revenue grew 6.4% to $185.6 million, and system-wide sales rose 5.3% to $1.4 billion. However, domestic same store sales saw a decrease of 7.5%. The company also authorized an additional $300.0 million for its share repurchase program and declared quarterly dividends of $0.30 and $0.33 per share for Q2 and Q3 2026, respectively. Additionally, Wingstop announced agreements to acquire 13 restaurants for $32 million subsequent to the quarter end.
Key Highlights
- Wingstop authorized an additional $300.0 million for its share repurchase program on March 5, 2026.
- Net income for Q2 2026 increased 16.9% to $31.3 million, or $1.15 per diluted share.
- Total revenue for Q2 2026 increased 6.4% to $185.6 million.
- System-wide sales for Q2 2026 increased 5.3% to $1.4 billion.
- Domestic same store sales decreased 7.5% in Q2 2026.
- Adjusted EBITDA for Q2 2026 increased 12.5% to $66.6 million.
- The company declared a quarterly dividend of $0.30 per share for Q2 2026 and $0.33 per share for Q3 2026.
- Subsequent to Q2, Wingstop agreed to purchase 13 restaurants for $32 million.
Price Impact
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