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WING Wingstop News Story

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Wingstop jumps on annual growth forecast raise, quarterly results beat

** Shares of restaurant chain Wingstop WING.O rise 13.9% to $330.51 in premarket trade

** Co raised its annual forecast for global unit growth rate range to 17% to 18%, from prior range 16% to 17%

** WING reports Q2 revenue of $174.3 million, above estimates of $173.4 million, while adjusted EPS of $1 beat expectations of 87 cents - data compiled by LSEG

** Co says an increase in royalty revenue, franchise fees and advertising fees, as well as an increase in transactions at its outlets, aided the quarterly results

** Up to last close, stock has risen 2.2% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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