Street View: Wingstop's disappointing Q3 and continuing pressures

Wingstop

05/11/2025 17:19

** Restaurant chain Wingstop  forecasts decline in annual same store sales on Tuesday, amid slowing traffic at fast food chains due to economic uncertainty

** At least 13 analysts cut PT on WING; average rating of 29 analysts is "buy"; median PT is $325 - data compiled by LSEG

MACRO PRESSURES, SAME POTENTIAL

** Stifel ("buy" PT: $300): Co's view that easier comparisons would result in better performance did not play out as consumer backdrop softened more than anticipated

** Gordon Haskett ("buy" PT:$285): Sees Q3,Q4 as "low-water mark" for sales, looking for a return to atleast low single digit percentage in 2026

** UBS ("neutral" PT: $295): Pressures from challenging macro, increasingly competitive promotional environment are likely to weigh on sales trends through Q4 and into 2026

** Bernstein ("outperform" PT: $350):  Views broadening consumer pressure in Q3 as temporary, but sees no clear catalysts to lift sentiment heading into FY26

** Jefferies ("buy" PT: $350): Says acceleration in 2026 is still attainable, with robust development, visibility under a franchised model limiting downside risk in an uncertain environment

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))