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Here's Why Wingstop (WING) Gained But Lagged the Market Today
ZACKS· 2024-10-04 23:05
Wingstop (WING) closed the most recent trading day at $414.99, moving +0.21% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.9%. Meanwhile, the Dow experienced a rise of 0.81%, and the technology-dominated Nasdaq saw an increase of 1.22%. Coming into today, shares of the restaurant chain had gained 10.92% in the past month. In that same time, the Retail-Wholesale sector gained 5.79%, while the S&P 500 gained 3.15%. Market participants will be closely foll ...
Why Wingstop (WING) Outpaced the Stock Market Today
ZACKS· 2024-10-02 23:20
Wingstop (WING) closed the most recent trading day at $422.95, moving +0.49% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.01% for the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.08%. Shares of the restaurant chain witnessed a gain of 12.87% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.59% and the S&P 500's gain of 1.21%. Investors will be eagerly watching ...
Wingstop Round-Up Donations Benefit St. Jude Children's Research Hospital This October
Prnewswire· 2024-10-01 00:21
100% of donations made at Wingstop restaurants will support St. Jude efforts to research and treat childhood cancer DALLAS, Sept. 30, 2024 /PRNewswire/ -- This October in honor of National Children's Health Day, Wingstop is launching a month-long initiative to benefit St. Jude Children's Research Hospital® to help make a difference in the lives of children everywhere with cancer and other life-threatening diseases. For the entire month of October, Wingstop fans can round up their checks on Wingstop.com or t ...
Wingstop Inc. To Announce Fiscal Third Quarter 2024 Financial Results On October 30, 2024
Prnewswire· 2024-09-25 12:00
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. ...
Wingstop (WING) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-24 23:20
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) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-09-18 23:06
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 ...
Here's Why You Should Retain Wingstop Stock in Your Portfolio Now
ZACKS· 2024-09-13 15:16
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 ...
The Zacks Analyst Blog Texas Roadhouse, Wingstop, Potbelly, El Pollo Loco and Meritage Hospitality
ZACKS· 2024-08-26 14:45
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 ...
How Wingstop is outpacing its fast-food competitors
CNBC· 2024-08-26 12:00
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 ...
Wingstop: Extraordinary Q2 Results, But Don't Expect Further Upside
Seeking Alpha· 2024-08-18 13:23
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 ...