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Wingstop(WING) - 2024 Q2 - Quarterly Results
2024-07-31 12:00
1 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: ▪ System-wide sales increased 45.2% to $1.2 billion ▪ 73 net new openings in t ...
Wingstop (WING) to Post Q2 Earnings: What's in the Offing?
ZACKS· 2024-07-29 14:25
Q2 Estimates The company's quarterly results are likely to benefit from remarkable success in its newest markets, including Canada, Puerto Rico and Korea, where WING is applying its successful U.K. strategy to achieve recordbreaking sales. The rapid scaling of brand awareness in these regions mirrors the achievements seen in the United Kingdom. What the Zacks Model Unveils WING has an Earnings ESP of -0.14% and a Zacks Rank #2 at present. Brinker International, Inc. (EAT) currently has an Earnings ESP of +8 ...
Seeking Clues to Wingstop (WING) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2024-07-29 14:21
The consensus EPS estimate for the quarter has been revised 2.7% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Given this perspective, it's time to examine the average forecasts of specific Wingstop metrics that are routinely monitored and predicted by Wall Street analysts. Analysts predict that the 'Revenue- Advertising fees' will reach $51.12 million. The estimate indicates a ...
Wingstop (WING) Laps the Stock Market: Here's Why
ZACKS· 2024-07-26 23:05
The investment community will be paying close attention to the earnings performance of Wingstop in its upcoming release. The company is slated to reveal its earnings on July 31, 2024. The company's earnings per share (EPS) are projected to be $0.82, reflecting a 43.86% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $143.98 million, indicating a 34.35% growth compared to the corresponding quarter of the prior year. The Zacks Rank system, ...
Wingstop (WING) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-24 15:07
The market expects Wingstop (WING) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence 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 ...
Wingstop Brings Its Iconic Flavor to Paris and Fans Across the World
Prnewswire· 2024-07-23 13:21
While fans indulge in their favorite flavors, they can experience various events at "House of Flavor": At home … Indulge in Wingstop's Summer of Flavor Bundle *Open daily to the public from 11am to 2am from July 27, 2024 to August 10, 2024 (hours subject to change, entry fees and / or age restrictions may apply. Visit https://www.wingstop.paris/ for full details including event schedule. ** Prices may be higher in Alaska, California, and Hawaii. In fiscal year 2023, Wingstop's system-wide sales increased 27 ...
Wingstop Brings Its Iconic Flavor to Paris and Fans Across the World
Prnewswire· 2024-07-23 12:57
In Paris … Enter Wingstop's "House of Flavor": A Taste of Street Culture Entertainment: 3x3 basketball showdowns, breakdance performances, dance battles and streaming of sporting events Music: A club featuring a stylish lineup of Parisian DJ collectives from Tuesday to Sunday. A major music night on August 8 will bring together big names from the hip-hop and rap scene Fashion: Stylish cuts from an acclaimed barber, trend-forward nail art manicures and exclusive merch up for grabs Art: Tattoos offered and ex ...
You Want It, You Got It - Wingstop's Hot Honey Rub is Here to Stay
Prnewswire· 2024-07-09 13:38
The best-selling LTO flavor has made its way onto Wingstop's menu year-round, following overwhelming love from superfans, celebrities and athletes, including basketball icon Giannis Antetokounmpo Basketball icon Giannis Antetokounmpo put in some calls at Wingstop and passionate fans made his favorite Hot Honey Rub a permanent flavor. Basketball star Giannis Antetokounmpo even got in on the action, demanding on X that the crave-worthy flavor stay on menus nationwide, saying, "What is this!?!? Who do I have t ...
Wingstop Inc. To Announce Fiscal Second Quarter 2024 Financial Results On July 31, 2024
Prnewswire· 2024-07-02 12:00
A press release with fiscal second quarter 2024 financial results will be issued before the market opens that morning. About Wingstop In fiscal year 2023, Wingstop's system-wide sales increased 27.1% to approximately $3.5 billion and marked its 20th consecutive year of same store sales growth. With a vision of becoming a Top 10 Global Restaurant Brand, Wingstop's system is comprised of independent franchisees, or brand partners, who account for approximately 98% of Wingstop's total restaurant count of 2,279 ...
Wingstop (WING) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-06-21 23:20
Wingstop (WING) closed the most recent trading day at $414.76, moving +1.49% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.16% for the day. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.18%. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating sy ...