Wingstop plunges after Q3 profit view miss on higher costs
30/10/2024 12:23
** Shares of restaurant chain Wingstop WING.O slump ~16%
to $309.95 premarket
** Co posts Q3 EPS of 88 cents vs analysts' estimates of 95
cents - data compiled by LSEG
** Reports Q3 revenue of $162.5 mln vs Street expectations
of $161.6 mln; Q3 total costs and expenses rise ~42%
** Maintains FY 2024 domestic same store sales growth
outlook of ~20%
** Up to Tuesday's close, stock has risen ~44% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))