Wingstop Inc.

Wingstop Inc. announced that its Board of Directors increased its size from ten to eleven members and appointed Jay Snowden as a Class II independent director, effective August 6, 2026. Mr. Snowden will join the Audit and Compensation Committees. He will receive $100,000 in annual cash compensation and restricted stock valued at approximately $112,500. Mr. Snowden currently serves as the Chief Executive Officer and President of PENN Entertainment, Inc.

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.

Wingstop Inc. reported its fiscal second quarter 2026 financial results, with total revenue increasing 6.4% to $185.6 million and net income rising 16.9% to $31.3 million, or $1.15 per diluted share. The company added 102 net new restaurants, achieving 16% unit growth, and declared a quarterly dividend of $0.33 per share. Despite strong overall growth, domestic same-store sales decreased by 7.5%, and the company updated its 2026 guidance for domestic same-store sales to a decline of 4% to 6%, while reiterating its global unit growth forecast.

Wingstop Inc. held its 2026 Annual Meeting of Stockholders on May 21, 2026, where all proposals were approved. Stockholders voted to amend the Company's Certificate of Incorporation, granting the Board of Directors the power to adopt, amend, or repeal the Company's Bylaws. Additionally, prior amendments made by the Board to the Bylaws were ratified, including changes to advance notice provisions, procedural mechanics for nominations, and the elimination of a supermajority voting requirement. All director nominees were re-elected, KPMG LLP was ratified as the independent registered public accounting firm, and executive compensation was approved on an advisory basis.

Wingstop Inc. reported a significant decrease in Q1 2026 net income by 67.6% to $29.9 million, or $1.08 per diluted share, compared to the prior year. However, adjusted net income increased by 14.7% to $32.5 million, or $1.18 per diluted share. System-wide sales grew 5.9% to $1.4 billion, driven by 97 net new restaurant openings, despite an 8.7% decrease in domestic same-store sales. The Board also authorized an additional $300 million for share repurchases and declared a quarterly dividend of $0.30 per share.

Wingstop Inc. reported a 7.4% increase in total revenue to $183.7 million for the first quarter of 2026, with system-wide sales growing 5.9% to $1.4 billion. Net income, however, decreased by 67.6% to $29.9 million, or $1.08 per diluted share, primarily due to a non-recurring gain on investment sale in the prior year. Adjusted net income, a non-GAAP measure, increased 14.7% to $32.5 million. The company's Board of Directors also authorized an additional $300 million for its share repurchase program.

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.