Wingstop(WING)

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Seeking Clues to Wingstop (WING) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-02-13 15:16
Core Viewpoint - Wingstop (WING) is expected to report a quarterly earnings per share (EPS) of $0.86, marking a 34.4% increase year-over-year, with revenues projected at $164.43 million, reflecting a 29.4% increase compared to the same period last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 1.9% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts predict 'Revenue- Royalty revenue, franchise fees and other' to reach $74.07 million, a 28.4% increase from the previous year [5]. - 'Revenue- Company-owned restaurant sales' is estimated at $33.10 million, indicating a 26.2% year-over-year change [5]. - 'Revenue- Advertising fees' is expected to be $56.99 million, reflecting a 32.1% increase from the prior-year quarter [5]. Restaurant Metrics - Total System-wide Restaurants are forecasted to reach 2,543, up from 2,214 in the same quarter last year [6]. - System-wide Domestic Same Store Sales Growth is estimated at 11.1%, down from 21.2% in the same quarter last year [6]. - Total Franchise Restaurants are projected to be 2,484, compared to 2,165 a year ago [7]. - Company-owned domestic same store sales growth is expected to be 5.2%, down from 10.8% in the previous year [7]. New Openings and Activity - The Number of Restaurants at end of period - Domestic Company-Owned Activity is likely to reach 58, compared to 49 in the same quarter last year [8]. - New Restaurant Openings - International Franchised Activity is projected at 22, down from 29 in the same quarter last year [8]. - The consensus estimate for New Restaurant Openings stands at 85, compared to 108 a year ago [9]. - Total Domestic Restaurants are expected to be 2,184, up from 1,926 in the same quarter last year [9]. - The Number of Restaurants at end of period - International Franchised Activity is projected to reach 359, compared to 288 in the same quarter last year [10]. Stock Performance - Wingstop shares have increased by 11.7% in the past month, outperforming the Zacks S&P 500 composite, which rose by 3.9% [11].
Wingstop (WING) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-02-12 16:06
Core Viewpoint - The market anticipates Wingstop (WING) will report a year-over-year increase in earnings driven by higher revenues when it releases its results for the quarter ended December 2024 [1] Earnings Expectations - The upcoming earnings report is expected on February 19, 2025, with a consensus EPS estimate of $0.86, reflecting a year-over-year increase of +34.4% [3] - Revenues are projected to reach $164.43 million, marking a 29.4% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 1.87% lower in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Wingstop is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +3.01% [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - Wingstop currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Wingstop was expected to post earnings of $0.97 per share but delivered $0.88, resulting in a surprise of -9.28% [12] - Over the past four quarters, Wingstop has beaten consensus EPS estimates three times [13] Conclusion - While an earnings beat may not solely dictate stock movement, betting on stocks expected to exceed earnings expectations can enhance the odds of success [15] - Wingstop is viewed as a compelling earnings-beat candidate, but investors should consider other influencing factors before making investment decisions [16]
OPI Unveils New RapiDry™ Nail Polish by Teaming Up With Wingstop to Introduce the "Snack in :60 Challenge"
Newsfilter· 2025-01-30 14:03
Core Viewpoint - OPI has launched the RapiDry™ Quick-Dry Nail Polish, which allows for a flawless manicure in just 60 seconds, addressing consumer frustrations with nail polish drying time [2][4]. Product Innovation - RapiDry™ Quick-Dry Nail Polish features a one-coat application that dries quickly, utilizing built-in Drip Dry Drops and speedy solvents, along with an innovative Rush Brush™ that has 200 extra bristles for faster application and drying [2][4]. - The product is designed to cater to the needs of consumers who want to avoid smudging their nails while engaging in activities like snacking shortly after application [3][4]. Marketing Collaboration - OPI is collaborating with Wingstop to launch the Snack in :60 Challenge, encouraging consumers to enjoy their favorite Wingstop snacks just 60 seconds after painting their nails [3][4]. - The campaign is aimed at Gen-Z consumers, leveraging social media platforms like TikTok to engage with the audience through challenges and exclusive kits [4][5][6]. Product Availability - The RapiDry™ Quick-Dry Nail Polish will be available in various shades, including bright, neutral, and classic colors, starting January 1, 2025, with a retail price of $9.99 USD per 9ml bottle [6][7]. - Limited edition Snack in :60 Kits will be available for fans to claim on Snackin60.com from January 31 to February 5, 2025 [5]. Brand Positioning - OPI is recognized as the 1 salon brand worldwide, committed to providing high-quality products and a wide range of colors for self-expression [9][10]. - The brand emphasizes inclusivity and creativity, appealing to a diverse consumer base with its innovative products and marketing strategies [10][11].
Wingstop Supports the American Red Cross to Help Communities Affected by 2025 California Wildfires
Prnewswire· 2025-01-24 13:04
Core Insights - Wingstop Inc. is expanding its efforts to assist communities affected by the wildfires in Southern California through a matching donation campaign [1][3] - The company has partnered with the American Red Cross to facilitate contributions from customers during the checkout process on its website and mobile app [2][3] Company Initiatives - Contributions made through the Round-Up campaign will be matched dollar for dollar up to $500,000 until February 15 [1] - Wingstop is providing free meals to first responders and delivering food to local fire stations and medical facilities to support emergency personnel [3] Financial 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 [5] - The company aims to become a Top 10 Global Restaurant Brand, with 98% of its 2,458 locations operated by independent franchisees as of September 28, 2024 [5] Brand Recognition - Wingstop was recognized on Ad Age's 'Hottest Brands' list in 2024 and ranked 14 on Entrepreneur Magazine's 'Franchise 500' [7] - The company has also received certifications for being one of the "Best Places to Work" [7]
Wingstop (WING) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-01-23 00:21
Company Performance - Wingstop's stock closed at $283.58, reflecting a +1.11% change from the previous day, outperforming the S&P 500's gain of 0.61% [1] - Over the last month, Wingstop's shares decreased by 3.86%, underperforming compared to the Retail-Wholesale sector's gain of 2.32% and the S&P 500's gain of 2.08% [1] Upcoming Earnings - Wingstop's earnings report is anticipated on February 19, 2025, with an expected EPS of $0.86, representing a 34.38% increase from the prior-year quarter [2] - The consensus estimate projects revenue of $165.05 million, indicating a 29.9% rise from the same quarter last year [2] Analyst Projections - Recent shifts in analyst projections for Wingstop are important as they reflect changes in near-term business trends [3] - Positive revisions in estimates suggest analysts' confidence in the company's performance and profit potential [3] Valuation Metrics - Wingstop currently has a Forward P/E ratio of 63.66, which is a premium compared to the industry's average Forward P/E of 23.27 [6] - The PEG ratio for Wingstop is 2.18, while the average PEG ratio for Retail-Restaurants stocks is 2 [6] Industry Ranking - The Retail-Restaurants industry holds a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]
Wingstop Inc. to Announce Fiscal Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025
Prnewswire· 2025-01-21 13:01
Core Insights - Wingstop Inc. will host a conference call on February 19, 2025, to discuss its fiscal fourth quarter and full year 2024 financial results [1] - The company reported a 27.1% increase in system-wide sales for fiscal year 2023, reaching approximately $3.5 billion, marking 20 consecutive years of same-store sales growth [5] Company Overview - Founded in 1994 and headquartered in Dallas, TX, Wingstop operates and franchises over 2,450 locations globally [4] - The brand focuses on providing an unparalleled guest experience with a technology platform and a menu featuring classic and boneless wings, tenders, and chicken sandwiches in 12 distinct flavors [4] Business Performance - Wingstop's system comprises corporate-owned restaurants and independent franchisees, with franchisees accounting for about 98% of the total restaurant count as of September 28, 2024 [5] - The company aims to become a Top 10 Global Restaurant Brand [5] Recognition and Awards - In 2024, Wingstop was listed on Ad Age's 'Hottest Brands' and recognized as one of QSR Magazine's "Best Brands to Work For" [7] - The company ranked 14 on Entrepreneur Magazine's 'Franchise 500' as one of the fastest-growing franchises [7] - Wingstop received its "Best Places to Work" certification in 2023 [7] Corporate Values - The success of Wingstop is attributed to "The Wingstop Way," which emphasizes authenticity, entrepreneurship, service-mindedness, and fun [6] - The brand is committed to environmental, social, and governance initiatives to provide value to all guests [6]
Wingstop (WING) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-01-15 00:20
Group 1 - Wingstop's stock closed at $273.44, reflecting a -0.91% change from the previous day, underperforming compared to the S&P 500's gain of 0.12% [1] - Over the last month, Wingstop's shares decreased by 8.11%, while the Retail-Wholesale sector and S&P 500 saw losses of 4.43% and 3.45%, respectively [1] Group 2 - Wingstop is expected to report an EPS of $0.86, representing a 34.38% increase year-over-year, with revenue forecasted at $165.05 million, indicating a 29.9% growth compared to the same quarter last year [2] - Recent changes in analyst estimates for Wingstop may indicate a favorable outlook on the company's business health and profitability [3] Group 3 - The Zacks Rank system, which evaluates estimate changes, indicates that Wingstop currently holds a Zacks Rank of 3 (Hold), with a recent 1.08% decline in the consensus EPS estimate [5] - The Forward P/E ratio for Wingstop is 62.63, significantly higher than the industry average of 22.75, and the PEG ratio stands at 2.15 compared to the industry average of 1.97 [6] Group 4 - The Retail-Restaurants industry, which includes Wingstop, has a Zacks Industry Rank of 143, placing it in the bottom 44% of over 250 industries [7]
Wingstop: Flying Too Close To The Sun On Icarian Wings
Seeking Alpha· 2024-12-11 18:54
Group 1 - Wingstop Inc. (NASDAQ: WING) has achieved its 21st consecutive quarter of growth, indicating strong performance in the fast-casual restaurant sector [1] - The company is positioned above its competitors in the fast-casual restaurant market, similar to the historical significance of the Lockheed P-38 Lightning in the 1940s [1] - The analysis is conducted by a specialized firm focused on restaurant stocks, employing advanced analytical models and valuation techniques to provide insights [1] Group 2 - The coverage of the firm includes various segments of the restaurant industry, such as QSR, fast casual, casual dining, fine dining, and family dining [1] - The firm aims to help investors make informed decisions through detailed insights and actionable strategies [1] - The founder has a strong background in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership [1]
Wingstop Announces Additional $500 Million Share Repurchase Authorization
Prnewswire· 2024-12-05 21:30
DALLAS, Dec. 5, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that its board of directors approved the purchase of up to an additional $500 million of its outstanding shares of common stock under its existing share repurchase program, effective immediately. This repurchase program follows the substantial completion of purchases of common stock under the inaugural $250 million repurchase authorization from August 2023. With this additional repurchase authorization, the Company anticipates ...
Should You Invest in Wingstop (WING) Based on Bullish Wall Street Views?
ZACKS· 2024-12-04 15:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Wingstop (WING) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Wingstop currently has an average ...