Wingstop falls after Q4 revenue miss

Wingstop

19/02/2025 14:26

** Shares of restaurant chain Wingstop  Wing.O  down 10.8%
at $272.85 premarket
    ** Q4 total revenue up 27.4% to $161.8 mln, but misses
market expectations of $164.5 million - data compiled by LSEG
    ** Co expects low- to mid-single-digit domestic same-store
sales growth for fiscal 2025, compared with 19.9% year-over-year
rise reported in 2024
    ** Co has also ramped up promotions, including the relaunch
of its $16.99 boneless meal bundle, as fast-food chains press
ahead with value meal offers priced as low as $5
    ** Reports Q4 profit per share of 92 cents, compared with
expectations of 86 cents
    ** Continue to believe brand has multiple levers to drive
same-store sales growth, expect shares to be under pressure
today due to sales miss, comparable sales forecast - BTIG
analyst Peter Saleh
    ** In 2024, stock rose 10.8%

 (Reporting by Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com;))