What happened Shares of Wingstop Inc (NASDAQ: WING) were soaring today as the fast-casual chicken chain turned in a strong third-quarter earnings report. As of 12:09 p.m. EDT, the stock was up 16.7%. In a difficult environment for restaurants, Wingstop posted domestic same-store sales growth of 4.1% and beat estimates on the top and bottom lines. Image source: Getty Images. So what Overall revenue increased 19.3% to $26 million, edging out estimates at $25.1 million, while adjusted earnings per share rose from $0.13 a share to $0.17, topping expectations by a penny. The same-store sales growth was particularly impressive; industrywide comparable sales fell 4% as the industry still appears to be in the midst of the so-called "restaurant recession." Wingstop, which relies on a franchise model, opened 32 new restaurants in the quarter and now has 1,088 locations globally. CEO Charlie Morrison commented, "We continue to drive best-in-class results, and our third quarter demonstrates that we are working on the right strategic priorities for our business." Morrison also credited a recent advertising campaign for driving comparable sales growth. Now what Looking ahead, management affirmed its full-year guidance of low-single-digit same-store sales growth, systemwide unit growth of 13% to 15%, and adjusted earnings per share (EPS) of $0.74 to $0.75, up from $0.58 a year ago. Shares touched an all-time high on the report as the company is effectively executing its growth plan. While oversaturation in the restaurant industry could eventually cool off the company's growth, its franchise model gives it some protection. It's certainly not a surprise to see shares pop after a quarter like this. 10 stocks we like better than WingstopWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Wingstop wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of October 9, 2017Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.