The Latest Breaking News from Wingstop Inc

Wingstop Inc (NASDAQ:WING) reported first-quarter FY22 sales growth of 7.8% year-on-year to $76.21 million, missing the consensus of $85.59 million. System-wide sales increased 12.7% Y/Y to $630 million. Domestic same-store sales increased 1.2% versus last year or 31.8% on a three-year basis. Revenue from royalty, franchise fees, and others rose 10.9% Y/Y, Advertising…

Piper Sandler cut the price target on Wingstop Inc. (NASDAQ: WING) from $195 to $102. Wingstop shares fell 0.7% to trade at $111.44 on Thursday.

Wingstop Inc (NASDAQ:WING) plans to expand into Spain by launching four ghost kitchens in Madrid. The company is opening the kitchens in partnership with a kitchen logistics partner. The first two of the kitchens will be opened on March 31, 2022, the third is scheduled to open in early April, and the fourth in…

Wingstop Inc (NASDAQ:WING) reported fourth-quarter FY21 sales growth of 13.8% year-on-year, to $72 million, missing the analyst consensus of $73.53 million. System-wide sales increased 19.8% Y/Y to $601.9 million. Domestic same-store sales increased 7.5% or 25.7% on a two-year basis. Revenue from royalty, franchise fees rose 18.2% Y/Y, advertising fee revenue rose 13%,…