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 ...

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: Adjusted EBITDA is a non-GAAP measure. A reconciliation of adjusted EBITDA to th ...

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 ...

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 ...

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, ...

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 ...

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 ...