Wingstop Inc. said its normalized net income for the fiscal first quarter ended March 26 was 16 cents per share, compared with the S&P Capital IQ consensus estimate of 14 cents per share.
EPS rose 23.1% year over year from 13 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $4.6 million, a gain of 34.0% from $3.4 million in the prior-year period.
The normalized profit margin increased to 19.4% from 17.9% in the year-earlier period.
Total revenue climbed 16.0% on an annual basis to $22.1 million from $19.0 million, and total operating expenses grew 9.6% on an annual basis to $14.0 million from $12.8 million.
Reported net income rose 63.3% from the prior-year period to $4.3 million, or 15 cents per share, from $2.7 million, or 10 cents per share.