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.