Wingstop reverses course on Q3 profit beat

Wingstop

04/11/2025 15:43

Updates

** Shares of restaurant chain Wingstop WING.O reverse course from premarket losses to rise ~16% to $249.31

** Q3 adjusted earnings per share $1.09 beat estimate of 93 cents per share - LSEG

** Wingstop revises 2025 same-store sales to decline by 3% to 4%, compared with approximately 1% rise expected previously amid slowing traffic at fast food chains due to economic uncertainty

** Q3 domestic same-store sales fall 5.6%, compared with decrease of 1.9% in Q2

** 21 of 29 brokerages rate stock "buy" or higher and 8 "hold"; their median PT is $357.5

** Short interest in WING at about 12.7% of the company's total float - LSEG

** Up to last close, stock down 24.68% YTD

 (Reporting by Chandni Shah in Bengaluru)

 ((Chandni.shah@thomsonreuters.com))