Wingstop Inc. Reports Fiscal Fourth Quarter and Full Year 2023 Financial Results

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Wingstop (WING) tops earnings, revenue expectations

February 21, 2024 8:21 AM EST

Wingstop (NASDAQ: WING) reported a robust fourth quarter, with earnings and revenue surpassing analyst estimates, yet shares fell over 4% as investors digested the results. The restaurant chain posted adjusted earnings per share (EPS) of $0.64, outperforming the consensus estimate of $0.57. Revenue for the quarter also exceeded expectations, coming in at $127.1 million against the predicted $119.94 million.

Despite the earnings beat, the company's stock experienced a... More