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Wingstop(WING) - 2023 Q4 - Annual Results
2024-02-20 16:00
FOR IMMEDIATE RELEASE Wingstop Inc. Reports Fiscal Fourth Quarter and Full Year 2023 Financial Results 13.0% Increase in Unit Count in 2023 Adjusted EBITDA, adjusted net income, and adjusted earnings per diluted share are non-GAAP measures. Reconciliations of adjusted EBITDA, adjusted net income, and adjusted earnings per diluted share to the most 1 ▪ System-wide sales increased 24.5% to $965.9 million ▪ 115 net new openings in the fiscal fourth quarter 2023 ▪ Domestic same store sales increased 21.2%** ▪ D ...
Stay Ahead of the Game With Wingstop (WING) Q4 Earnings: Wall Street's Insights on Key Metrics
Zacks Investment Research· 2024-02-15 15:20
Analysts on Wall Street project that Wingstop (WING) will announce quarterly earnings of $0.57 per share in its forthcoming report, representing a decline of 5% year over year. Revenues are projected to reach $119.52 million, increasing 14% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior ...
Wingstop (WING) Expected to Beat Earnings Estimates: Should You Buy?
Zacks Investment Research· 2024-02-14 16:06
Wall Street expects a year-over-year decline in earnings on higher revenues when Wingstop (WING) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 21. O ...
Investors Heavily Search Wingstop Inc. (WING): Here is What You Need to Know
Zacks Investment Research· 2024-02-14 15:01
Wingstop (WING) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this restaurant chain have returned +10.4% over the past month versus the Zacks S&P 500 composite's +3.7% change. The Zacks Retail - Restaurants industry, to which Wingstop belongs, has gained 2.5% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports ...
Here's Why Wingstop (WING) Fell More Than Broader Market
Zacks Investment Research· 2024-02-12 23:56
In the latest market close, Wingstop (WING) reached $293.25, with a -0.76% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.1%. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 0.3%.Heading into today, shares of the restaurant chain had gained 13.1% over the past month, outpacing the Retail-Wholesale sector's gain of 6.89% and the S&P 500's gain of 5.78% in that time.Investors will be eagerly watching for the performance of Wingstop in ...
Wingstop Brings Back Hot Honey Rub (For Your Hot Honey) Just in Time for Valentine's Day
Prnewswire· 2024-02-08 13:51
Unlike the sticky honey consistency that's expected, Wingstop's Hot Honey is a craveable dry rub, delivering sweet flavors with a bold kick of cayenne pepper and ancho chili. The flavor can be hand sauced-and-tossed on cooked to order chicken sandwiches, classic wings, boneless wings or tenders. "Our fans have spoken and we listened. Their passion for Wingstop's Hot Honey Rub is undeniable," said President & CEO, Michael Skipworth. "To show our love to our fans this Valentine's Day, we're bringing Hot Honey ...
3 Reasons Growth Investors Will Love Wingstop (WING)
Zacks Investment Research· 2024-02-07 18:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...
Wingstop (WING) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-02-05 23:56
Wingstop (WING) closed the most recent trading day at $285.94, moving -0.64% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.32% for the day. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.2%.The the stock of restaurant chain has risen by 17.35% in the past month, leading the Retail-Wholesale sector's gain of 5.56% and the S&P 500's gain of 4.59%.Investors will be eagerly watching for the performance of Wingstop in its upcoming ear ...
Will Wingstop (WING) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-01-30 18:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Wingstop (WING) . This company, which is in the Zacks Retail - Restaurants industry, shows potential for another earnings beat.This restaurant chain has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 22.23%.For the most r ...
Wingstop begins biggest UK expansion since launching
Proactive Investors· 2024-01-29 14:38
Wingstop (NASDAQ:WING), the popular chicken restaurant chain, is set to open 15 new UK sites throughout 2024. This represents the largest expansion in the UK since it crossed the pond in 2018. Expected to generate up to 750 job opportunities, sites are set to open in areas like Hounslow, Leeds, Watford and Croydon. Lemon Pepper Holdings, which holds the master franchise rights for Wingstop (NASDAQ:WING) in the UK, confirmed nine locations, with negotiations for the six additional sites ongoing. Slated to op ...