Wingstop Inc. (NASDAQ:WING) reported Q4 fiscal 2023 earnings with adjusted EPS of 64 cents, surpassing Wall Street's estimate of 57 cents. Revenues rose 21.2% to $127.05 million, exceeding expectations. System-wide sales increased 24.5% to $965.9 million. The company announced 115 net new openings, bringing the total to 2,214 Wingstop restaurants. Adjusted EBITDA grew 13.2% to $39.1 million. A quarterly dividend of 22 cents per share will be paid on March 29, 2024. For fiscal 2024, Wingstop anticipates mid-single-digit domestic same-store sales growth and around 270 global net new units. The company expects stock-based compensation expense of about $19 million and depreciation and amortization of $18 million to $19 million. Despite the positive report, WING shares dropped 2.77% to $315.47.