WING Stock Recent News

Shares of Wingstop slid ~15% after reporting a rare Q4 earnings miss. Same-store sales growth decelerated sharply to 10% y/y (from 21% in the previous quarter), and is expected to decline to the low/mid-single digits in FY25. Macro conditions and price increases risk alienating customers, while secular trends towards healthier eating challenge Wingstop's market position.

Shares of quickly growing chicken wing franchisor Wingstop (WING -6.77%) were down by 19% as of 1:50 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.

Wingstop Inc. (NASDAQ:WING ) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Corporate Participants Kristen Thomas - Senior Manager of Investor Relations Michael Skipworth - President and Chief Executive Officer Alex Kaleida - Senior Vice President and Chief Financial Officer Conference Call Participants David Tarantino - Baird Andrew Charles - TD Cowen Jeffrey Bernstein - Barclays Jim Salera - Stephens, Inc. Sara Senatore - Bank of America Brian Harbour - Morgan Stanley Chris O'Cull - Stifel Danilo Gargiulo - Bernstein Jeff Farmer - Gordon Haskett Christine Cho - Goldman Sachs Gregory Francfort - Guggenheim Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Wingstop Fiscal Fourth Quarter and Full Year 2024 Earnings Conference Call.

Since it went public in 2015, Wingstop (WING -13.29%) has been one of the greatest restaurant stock investments. This means it trades at 52-week highs more often than 52-week lows.

While the top- and bottom-line numbers for Wingstop (WING) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Wingstop (WING) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.64 per share a year ago.

Wingstop (WING 0.44%), the popular chicken wings chain, recently published its Q4 2024 earnings on February 19, 2025. The company announced a diluted EPS of $0.92, surpassing the analyst forecast of $0.86, by delivering a growth rate of 43.8% year-over-year.

The revenue miss — driven by higher costs of food, beverage, packaging and bone-in chicken wings — offset a profit beat.

Record 349 Net New Restaurants and 15.8% Unit Growth in 2024 Delivers 21st Consecutive Year of Same Store Sales Growth with 19.9% in 2024 DALLAS , Feb. 19, 2025 /PRNewswire/ -- Wingstop Inc. ("Wingstop" or the "Company") (NASDAQ: WING) today announced financial results for the fiscal fourth quarter and fiscal year ended December 28, 2024. Highlights for the fiscal fourth quarter 2024 compared to the fiscal fourth quarter 2023: System-wide sales increased 27.6% to $1.2 billion 105 net new openings in the fiscal fourth quarter 2024 Domestic restaurant AUV increased to $2.1 million Domestic same store sales increased 10.1% Digital sales increased to 70.3% of system-wide sales Total revenue increased 27.4% to $161.8 million Net income increased 42.2% to $26.8 million, or $0.92 per diluted share Adjusted EBITDA, a non-GAAP measure, increased 44.2% to $56.3 million Highlights for the fiscal year 2024 compared to the fiscal year 2023: System-wide sales increased 36.8% to $4.8 billion 349 n

WING's fiscal fourth-quarter performance is likely to have benefited from new restaurant openings, menu innovation and a strong digital business.