Why Wingstop Stock Dropped 21% Last Month
Shares of restaurant company Wingstop (WING 0.47%) dropped 21.2% in February, according to data provided by S&P Global Market Intelligence. On Feb. 19, the company reported its financial results for the fourth quarter of 2024, capping off its 21st consecutive year of same-store sales growth, which is a spectacular achievement. It expects to report its 22nd consecutive year of gains in 2025.However, Wingstop's accomplishment is clouded by a clear deceleration trend in its growth rate. In 2023, the company's ...