WING Stock Recent News

Although the revenue and EPS for Wingstop (WING) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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.

Delivers 15.0% Unit Growth Domestic Same Store Sales Increased 28.7%, Driven by Transaction Growth DALLAS , July 31, 2024 /PRNewswire/ -- 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: System-wide sales increased 45.2% to $1.2 billion 73 net new openings in the fiscal second quarter 2024 Domestic restaurant AUV increased to $2.0 million Domestic same store sales increased 28.7% Digital sales increased to 68.3% of system-wide sales Total revenue increased 45.3% to $155.7 million Net income increased 69.9% to $27.5 million, or $0.93 per diluted share Adjusted EBITDA, a non-GAAP measure, increased 50.7% to $51.8 million Adjusted EBITDA is a non-GAAP measure.

Wingstop's (WING) second-quarter 2024 results are likely to gain from remarkable success in its newest markets, including Canada, Puerto Rico and Korea.

Get a deeper insight into the potential performance of Wingstop (WING) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Wingstop (WING) closed at $366.36 in the latest trading session, marking a +1.66% move from the prior day.

Wingstop (WING) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DALLAS , July 23, 2024 /PRNewswire/ -- Wingstop (NASDAQ: WING) – the brand made famous for its cooked-to-order chicken wings, iconic flavors and housemade ranch – is bringing flavor to the world while all eyes are on Paris for the summer events. Wingstop is opening a pop-up restaurant called "House of Flavor" (Maison des Saveurs) in the heart of Paris, attracting fans with craveable sauced-and-tossed wings and bold experiences that bring Wingstop's flavor to life.

Wingstop (WING) could produce exceptional returns because of its solid growth attributes.

In the closing of the recent trading day, Wingstop (WING) stood at $366.20, denoting a +0.72% change from the preceding trading day.