Quarterly ResultApr 29, 2026, 07:47 AM
WING Q1 System-Wide Sales +5.9%; Domestic SSS -8.7%; 97 Net New Units
AI Summary
Wingstop Inc. reported fiscal first quarter 2026 financial results, with system-wide sales increasing 5.9% to $1.377 billion and total revenue up 7.4% to $183.7 million. The company achieved 97 net new openings, contributing to 17% unit growth and a 9.9% rise in Adjusted EBITDA to $65.4 million. However, domestic same store sales declined by 8.7% year-over-year, reflecting continued pressure on consumer spending. Wingstop also declared a quarterly dividend of $0.30 per share and repurchased 374,324 shares, while updating its 2026 guidance to a low-single digit decline in domestic same store sales.
Key Highlights
- 97 net new openings in Q1 2026, driving 17% unit growth.
- System-wide sales increased 5.9% to $1.377 billion.
- Domestic same store sales decreased 8.7% year-over-year.
- Total revenue grew 7.4% to $183.7 million.
- Adjusted EBITDA increased 9.9% to $65.4 million.
- Net income was $29.9 million, or $1.08 per diluted share.
- Declared quarterly dividend of $0.30 per share; repurchased 374,324 shares.
- Updated 2026 guidance: low-single digit domestic SSS decline, 15-16% global unit growth.