WING Stock Recent News
WING LATEST HEADLINES
Wingstop is not experiencing consumer pullback like some of its fast-food peers.
Wingstop (WING) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Wingstop UK's owners are continuing to expand the chicken restaurant chain while they look for a buyer, with a 50th outlet opened today and six more openings lined up this year. Lemon Pepper Holdings (LPH), the master franchisee for Wingstop Inc (NASDAQ:WING) in the UK, celebrated its half-century in Bolton, Greater Manchester, part of the 300-plus franchise outlets that the Dallas-based chain has open worldwide.
Wingstop reported strong Q2 earnings with revenue and Adjusted EBITDA growing 45.3% and 50.7% YoY, respectively, driven by strong domestic same-store sales and AUV per restaurant. The company continues to scale its brand awareness, innovate its menu, while building a strong digital strategy to better engage its customers and drive repeat orders. Management also raised its guidance for domestic same-store sales to grow 20% YoY, while expecting to open close to 293 restaurants in FY24.
Wingstop (WING) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Wingstop (WING) possesses solid growth attributes, which could help it handily outperform the market.
Wingstop (NASDAQ:WING), a rapidly expanding UK quick-service chicken chain, has hired Goldman Sachs to find new owners for its UK business, according to Sky News. Wingstop's majority shareholders, who introduced the brand to Britain in 2018, reportedly initiated the sale after receiving unsolicited interest from potential buyers.
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Wingstop CEO Michael Skipworth and CNBC's Kate Rogers join 'Power Lunch' to discuss the fast food companies' earnings results and consumer trends.
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 - Gordon Haskett Gregory Francfort - Guggenheim Operator Good morning, ladies and gentlemen and thank you for standing by. Welcome to the Wingstop Fiscal Second Quarter 2024 Earnings Conference Call.