Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Investors might want to bet on Wingstop (WING) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earning ...

Wingstop Inc. (NASDAQ:WING) Q4 2023 Earnings Conference Call February 21, 2024 10:00 AM ET Michael Skipworth - President and Chief Executive Officer Jeffrey Bernstein - Barclays Joshua Long - Stephens Company Participants Conference Call Participants Andrew Charles - TD Cowen Sara Senatore - Bank of America Brian Harbour - Morgan Stanley Danilo Gargiulo - Bernstein Jon Tower - Citigroup Alex Kaleida - Senior Vice President and Chief Financial Officer David Tarantino - Baird Chris OÂ'Cull - Stifel Jeff Farme ...

Wingstop (WING) reported $127.06 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 21.2%. EPS of $0.64 for the same period compares to $0.60 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $119.77 million, representing a surprise of +6.08%. The company delivered an EPS surprise of +12.28%, with the consensus EPS estimate being $0.57.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...

13.0% Increase in Unit Count in 2023 18.3% Domestic Same Store Sales Growth in 2023, Driven Primarily by an Increase in Transactions DALLAS, Feb. 21, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced financial results for the fiscal fourth quarter and fiscal year ended December 30, 2023. The fiscal fourth quarter and fiscal year ended December 31, 2022 benefited from a 53rd week as compared to fiscal 2023. Unless otherwise noted, all amounts presented for the prior fiscal periods are on a 14 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File No. 001-37425 WINGSTOP INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

FOR IMMEDIATE RELEASE Wingstop Inc. Reports Fiscal Fourth Quarter and Full Year 2023 Financial Results 13.0% Increase in Unit Count in 2023 Adjusted EBITDA, adjusted net income, and adjusted earnings per diluted share are non-GAAP measures. Reconciliations of adjusted EBITDA, adjusted net income, and adjusted earnings per diluted share to the most 1 ▪ System-wide sales increased 24.5% to $965.9 million ▪ 115 net new openings in the fiscal fourth quarter 2023 ▪ Domestic same store sales increased 21.2%** ▪ D ...

Analysts on Wall Street project that Wingstop (WING) will announce quarterly earnings of $0.57 per share in its forthcoming report, representing a decline of 5% year over year. Revenues are projected to reach $119.52 million, increasing 14% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Wingstop (WING) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 February 21. O ...

Wingstop (WING) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this restaurant chain have returned +10.4% over the past month versus the Zacks S&P 500 composite's +3.7% change. The Zacks Retail - Restaurants industry, to which Wingstop belongs, has gained 2.5% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports ...