Group 1: Wingstop's Initiative - Wingstop is launching a month-long initiative in October to support St. Jude Children's Research Hospital, allowing customers to round up their checks to donate [1][2] - 100% of the donations will go towards St. Jude's mission of finding cures and saving children, ensuring families do not receive bills for treatment, travel, housing, or food [1][7] Group 2: Company Performance - In fiscal year 2023, Wingstop's system-wide sales increased by 27.1% to approximately $3.5 billion, marking the 20th consecutive year of same-store sales growth [4] - Wingstop aims to become a Top 10 Global Restaurant Brand, with approximately 98% of its 2,352 locations operated by independent franchisees [4] Group 3: Company Values and Recognition - The success of Wingstop is attributed to "The Wingstop Way," which emphasizes authenticity, entrepreneurship, service-mindedness, and fun [5] - In 2023, Wingstop received the "Best Places to Work" certification and was recognized on several prestigious lists, including Entrepreneur Magazine's "Fastest-Growing Franchises" [6]

DALLAS, Sept. 25, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal third quarter 2024 financial results on Wednesday, October 30, 2024 at 10:00 a.m. ET. A press release with fiscal third quarter 2024 financial results will be issued before the market opens that morning. The conference call can be joined telephonically by dialing 1-877-259-5243 or 1-412-317-5176 (international) and asking for the Wingstop conference call. ...

In the latest trading session, Wingstop (WING) closed at $426.86, marking a -0.25% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.56%. Shares of the restaurant chain have appreciated by 5.85% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 5.28% and the S&P 500's gain of 1.65%. Analysts and investors alike will be keep ...

Wingstop (WING) ended the recent trading session at $412.70, demonstrating a -0.95% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.29%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.31%. The restaurant chain's shares have seen an increase of 11.51% over the last month, surpassing the RetailWholesale sector's gain of 4.15% and the S&P 500's gain of 1.57%. The upcoming earnings release of Wingstop will be o ...

Wingstop Inc. (WING) is likely to benefit from unit expansion, franchise model and technological initiatives. The company's focus on enhancing shareholder value bodes well. However, a challenging macroeconomic environment and elevated costs are concerns. Growth Catalysts for Wingstop Stock Wingstop focuses on unit expansion to drive growth. Over the last 12 months, the company has opened more than 300 net new restaurants, demonstrating its ability to grow both domestically and internationally at a rapid pac ...

For Immediate Releases Chicago, IL – August 26, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Texas Roadhouse Inc. (TXRH) , Wingstop Inc. (WING) , Potbelly Corp. (PBPB) , El Pollo Loco Holdings Inc. (LOCO) and Meritage Hospitality Group Inc. (MHGU) . Here are highlights from Monday's Analyst Blog: 5 Restaurant ...

Andrew1Norton/iStock via Getty Images Introduction & Investment Thesis I last wrote about Wingstop (NASDAQ:WING) in June, where I initiated a "sell" rating on the stock based on my belief that there was excessive investor optimism baked into its valuation, which would make it prone to a sizable pullback should management fail to surprise in future earnings reports along with macroeconomic uncertainties. The stock had declined more than 10% from my price at publication, underperforming the S&P 500. The compa ...

Over the last four quarters, the company has surpassed consensus EPS estimates four times. Wingstop (WING) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for nonrecurring items. Wingstop, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $155.7 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 8.14%. Th ...

Key operating metrics for the fiscal second quarter 2024 compared to the fiscal second quarter 2023: Cost of sales was $22.7 million compared to $16.6 million in the fiscal second quarter of the prior year. As a percentage of company-owned restaurant sales, cost of sales increased to 75.9% from 73.7% in the prior year comparable period. The increase as a percentage of company-owned restaurant sales was driven by food, beverage and packaging costs primarily resulting from an increase in the cost of bone-in c ...

FOR IMMEDIATE RELEASE Wingstop Inc. Reports Fiscal Second Quarter 2024 Financial Results Delivers 15.0% Unit Growth Domestic Same Store Sales Increased 28.7%, Driven by Transaction Growth Dallas, July 31, 2024 - (PR NEWSWIRE) - Wingstop Inc. (NASDAQ: WING) today announced financial results for the fiscal second quarter ended June 29, 2024. Highlights for the fiscal second quarter 2024 compared to the fiscal second quarter 2023: Adjusted EBITDA is a non-GAAP measure. A reconciliation of adjusted EBITDA to th ...