Wingstop Q4 profit tops estimates, shares fall on revenue miss
Investing.com -- Wingstop Inc (NASDAQ: WING) reported fourth-quarter earnings that topped Wall Street expectations, though revenue fell short of estimates. Shares of Wingstop were down more than 7% at $283 in premarket trading.
The chicken wing chain posted earnings per share of $0.92 for the quarter ended Dec. 31, beating analysts’ average estimate of $0.89. Revenue came in at $161.8 million, below the consensus forecast of $165.13 million.
Wingstop forecasted global unit growth of 14% to 15% for fiscal year 2025 and expects low- to mid-single-digit growth in domestic same-store sales.
