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]

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 ...

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 ...

DALLAS, Nov. 13, 2024 /PRNewswire/ -- Wingstop Inc. ("Wingstop" or the "Company") (NASDAQ: WING), today announced its intention to complete a securitized financing transaction, which will include a new series of securitized debt. The Company also expects to upsize the capacity of its variable funding note facility.The Company intends to issue $500 million of new securitized notes (the "Notes"), in addition to its existing Series 2022-1 and Series 2020-1 Fixed Rate Senior Notes. The Company intends to use th ...

ATLANTA, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Blaze Pizza, the recognized leader in fast-casual artisanal pizza, is firing up its growth engine thanks to a partnership with a multi-unit franchisee with extensive fast casual and quick service experience. Blaze Pizza’s latest development plan targets the Southern California market, covering Ventura, Santa Barbara, and the Upper San Fernando Valley—all areas west of Los Angeles. This five-unit agreement is with Red Phoenix Group, LLC, owned by Ray Luthra and his ...

Wingstop WING reported mixed third-quarter financial results on Wednesday.The company reported third-quarter earnings per share of 88 cents, missing the street view of 95 cents. Quarterly sales of $162.498 million beat the analyst consensus estimate of $161.535 million.The companydeclared a quarterly dividend of $0.27 per share of common stock, resulting in a total dividend of approximately $7.9 million. This dividend will be paid on December 6The company reaffirmed approximately 20% domestic same-store sal ...

Wingstop Inc. (NASDAQ: WING ), the restaurant chain known for its chicken wings, reported the company's Q3 results on the 30 th of October in pre-market hours. While Wingstop reported incredible growth, exceeding Wall Street's expectations, the stock reacted with a I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced sec ...

Financial Data and Key Metrics Changes - Q3 domestic same-store sales growth was 20.9%, driven primarily by transaction growth, marking the potential for the 21st consecutive year of same-store sales growth [10][28] - Average unit volume (AUV) for restaurants surpassed $2.1 million, up from $2 million last quarter and $1.8 million in the prior year quarter [10][28] - Total revenue for the quarter increased 38.8% to $162.5 million, with royalty revenues and franchise fees increasing by $21.2 million [32][36] - Adjusted EBITDA was $53.7 million, a 39.5% increase year-over-year, with earnings per diluted share at $0.88, a 35.4% increase [36][38] Business Line Data and Key Metrics Changes - The average investment to open a Wingstop remains around $500,000, with brand partners seeing unlevered cash-on-cash returns exceeding 70% [11] - The company opened over 100 restaurants in Q3, achieving a unit growth rate of 17% [11][30] - Company-owned restaurant sales totaled $31.3 million, an increase of $7.4 million, driven by 10 net new restaurants and a 7.3% increase in same-store sales [32] Market Data and Key Metrics Changes - The international business is expanding, with a pop-up restaurant in France during the Olympics generating significant interest and leading to the opening of the first restaurants in Paris [23][24] - The company has a development pipeline that includes opportunities for over 750 restaurants across new international markets, including France and Australia [24][52] Company Strategy and Development Direction - The company aims to scale AUVs to $3 million, supported by strategies such as brand awareness, menu innovation, and digital transformation [13][20] - A new partnership with the NBA is expected to enhance brand visibility and drive guest acquisition [16][67] - The company is focused on responsible and sustainable growth, with a strong development pipeline and 95% of new openings coming from existing brand partners [31][84] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term strategies and the ability to navigate potential deceleration in same-store sales growth [43][51] - The company reiterated guidance for domestic same-store sales growth of approximately 20% for the full year [39] - Management highlighted the effectiveness of the supply chain strategy in mitigating food cost volatility, targeting food costs in the mid-30% range [34][75] Other Important Information - The company announced a dividend of $0.27 per share, totaling approximately $7.9 million, to be paid on December 6, 2024 [38] - SG&A expenses increased by $9.2 million, primarily due to performance-based stock compensation and investments in headcount [35][39] Q&A Session Summary Question: Insights on Q4 comp trends and potential slowdown - Management acknowledged the potential for a deceleration in Q4 but emphasized long-term strategies and the overall health of the brand [43][51] Question: Unit growth expectations for 2025 - Management indicated strong demand for growth from brand partners and a robust development pipeline, suggesting continued growth beyond 2024 [47][84] Question: Clarification on international market opportunities - Management elaborated on the potential for over 750 restaurants in new markets, including France and Gulf Coast countries [52][24] Question: Impact of NBA partnership on brand awareness - Management highlighted the partnership's potential to enhance brand visibility and drive guest acquisition through various marketing channels [67][66] Question: Frequency of existing customers versus new customers - Management reported growth in both frequency of existing customers and new guest acquisition, contributing to overall sales growth [70][69] Question: Company-owned store margins and food costs - Management discussed the impact of supply chain strategies on food costs and the expectation of a slight decrease in Q4 [75][90]

The stock is still crushing the S&P 500 over the past year -- and it's not even close. Shares of restaurant chain Wingstop (WING -21.40%) absolutely plunged on Wednesday after the company reported financial results for the third quarter of 2024. As of 3 p.m. ET, Wingstop stock was down a painful 20%. Incredible growth, but profits not what investors expected The Q3 headline numbers were incredible for Wingstop. The company had nearly 2,400 locations at the end of the second quarter, but still added 106 more ...

Wingstop (WING) reported $162.5 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 38.8%. EPS of $0.88 for the same period compares to $0.69 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $162.07 million, representing a surprise of +0.27%. The company delivered an EPS surprise of -9.28%, with the consensus EPS estimate being $0.97.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...