12:03 PM EDT, 07/30/2025 (MT Newswires) -- Wingstop's ( WING ) shares surged intraday Wednesday after the company's reported a surprise increase in second-quarter earnings and raised its full-year global restaurant unit growth outlook.

Adjusted per-share earnings rose to $1 for the quarter ended June 28 from $0.93 a year earlier, compared with the FactSet-polled consensus estimate of $0.87. Revenue grew 12% year on year to $174.3 million, ahead of analysts' view of $173.7 million.

The restaurant chain now expects global unit growth of 17% to 18%, compared with the prior guidance of 16% to 17%. It reiterated its domestic same-store sales growth forecast of about 1%.

The stock was up 23% in Wednesday trade.

"Our second-quarter results showcase the strength of our unit economics and returns our brand partners are seeing for their businesses," Chief Executive Michael Skipworth said in a statement. "We continue to open new restaurants at a record pace, demonstrating our brand partners' commitment to growing the Wingstop brand, furthering us towards our vision of becoming a top 10 global restaurant brand."

Wingstop ( WING ) opened 129 net new restaurants in the second quarter. The total number of system-wide locations rose to 2,818, including 2,411 restaurants in the US, from a combined tally of 2,352 a year earlier.

Domestic same-store sales fell 1.9%, while company-owned domestic comparable sales rose 3.6%.

Revenue from royalty, franchise fees and other rose to $79.9 million from $71.2 million a year earlier. Advertising fees increased to $62 million from $54.7 million. Company-owned restaurant sales climbed to $32.5 million from $29.9 million.

Price: 354.77, Change: +64.47, Percent Change: +22.21