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 ...

Wingstop is not seeing the same consumer pullback that fast food chains like McDonald's and Starbucks have experienced this year. Part of that success is because its traditional offering, chicken wings, is popular with watching live sports. "If you're thinking about someone who has to make a decision on where to trim spending, the likelihood that they're going to give up something that is associated with your social event is much lower," said Stephens equity research analyst Jim Salera. Wingstop CEO Michael ...

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 ...

A behemoth of fast food versus a relative newcomer: Which is the better stock buy right now? Second-quarter results for McDonald's (MCD 0.31%) gave indications that consumers might be tightening their wallets a bit. At a time when things are starting to look a bit weaker for restaurant chains, it behooves investors to stick with the momentum. Right now, that is unquestionably Wingstop (WING 0.62%). Sales comparisons Perhaps the largest divide between these two companies is their sales growth. McDonald's is ...

Wingstop Inc. (NASDAQ:WING) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Michael Skipworth - President and Chief Executive Officer Alex Kaleida - Senior Vice President and Chief Financial Officer Conference Call Participants David Tarantino - Baird Jeffrey Bernstein - Barclays Andrew Charles - Cowen Sara Senatore - Bank of America Chris O’Cull - Stifel Danilo Gargiulo - Bernstein Brian Harbour - Morgan Stanley Andy Barish - Jefferies Jim Salera - Stephens Inc Jeff Farmer - ...

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 ...