trending Market Intelligence /marketintelligence/en/news-insights/trending/FFOHvrBWZDizo4GBKFv7mQ2 content esgSubNav
In This List

Wingstop fiscal Q3 profit climbs 21.9% YOY


Gold - Geopolitical tensions and inflation remain key drivers


Lithium and Cobalt - Softer demand weighs on prices


Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Wingstop fiscal Q3 profit climbs 21.9% YOY

Wingstop Inc. said its normalized net income for the fiscal third quarter ended Sept. 24 amounted to 13 cents per share, compared with the S&P Capital IQ consensus estimate of 12 cents per share.

EPS rose 21.4% year over year from 11 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $3.8 million, an increase of 21.9% from $3.1 million in the year-earlier period.

The normalized profit margin rose to 17.3% from 16.2% in the year-earlier period.

Total revenue rose 14.0% on an annual basis to $21.8 million from $19.1 million, and total operating expenses grew 8.2% year over year to $14.4 million from $13.3 million.

Reported net income declined 17.8% on an annual basis to $2.6 million, or 9 cents per share, from $3.2 million, or 11 cents per share.