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Wingstop — Apr 29, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001636222-25-000056
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Showing in the filing
SG&A
“approximately $140 million, which includes system implementation costs of approximately $4.5 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
Domestic same store sales growth for FY2025
“Approximately 1%”
Global unit growth rate for FY2025
“16% to 17%”
SG&A for FY2025
“approximately $140 million, which includes system implementation costs of approximately $4.5 million”
System implementation costs (included in SG&A) for FY2025
“approximately $4.5 million”
Stock-based compensation expense for FY2025
“approximately $26 million”
Interest expense, net for FY2025
“approximately $40 million”
Depreciation and amortization for FY2025
“between $28 and $29 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company’s outlook is dependent on the macro-environment which is inherently difficult to predict given current high levels of uncertainty. • Approximately 1% domestic same store sales growth, previously low- to mid- single digits; • Global unit growth rate of 16% to 17%, previously 14% to 15%; • SG&A of approximately $140 million, which includes system implementation costs of approximately $4.5 million; • Stock-based compensation expense of approximately $26 million; • Interest expense, net of approximately $40 million, previously approximately $46 million; and • Depreciation and amortization of between $28 and $29 million, previously $29 - $30 million. Restaurant Development As of March 29, 2025, there were 2,689 Wingstop restaurants system-wide. This included 2,301 restaurants in the United States, of which 2,250 were franchised restaurants and 51 were company-owned, and 388 franchised restaurants were in international markets, including U.S. territories. During the fiscal first quarter 2025, there were 126 net system-wide Wingstop restaurant openings. Quarterly Dividend In recognition of the Company’s strong cash flow generation and our commitment to returning value to stockholders, on April 29, 2025, our board of directors authorized and declared a quarterly dividend of $0.27 per share of common stock, resulting in a total dividend of approximately $7.5 million. This dividend will be paid on June 6, 2025 to stockholders of record as of May 16, 2025. Share Repurchases On December 9, 2024, the Company entered into an accelerated share repurchase agreement (the “ASR Agreement”)
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.