Welcome to our dedicated page for Wingstop news (Ticker: WING), a resource for investors and traders seeking the latest updates and insights on Wingstop stock.
Wingstop Inc. reports developments for a fast-casual chicken restaurant brand built around classic and boneless wings, tenders, chicken sandwiches, sauces, sides, and housemade ranch and bleu cheese dips. The company operates an asset-light, highly franchised restaurant system with brand partners owning most locations worldwide.
Recurring news includes quarterly financial results, system-wide sales, same-store sales, domestic average unit volume, restaurant openings, royalty and advertising-fee trends, capital allocation, share repurchase authorizations, leadership updates, limited-time flavors, beverage pairings, and brand collaborations.
Wingstop (NASDAQ: WING) announced it will release its fiscal second quarter 2024 financial results on July 31, 2024, at 10:00 a.m. ET. The announcement will be followed by a conference call and webcast to discuss the results. The press release with detailed financial information will be issued before the market opens on the same day.
Participants can join the call by dialing 1-877-259-5243 or 1-412-317-5176 for international calls. A replay will be available two hours after the call and can be accessed until August 7, 2024, by dialing 1-877-344-7529 (U.S.) or 1-412-317-0088 (international) and entering the replay code 7955331. Additionally, the webcast will be archived on Wingstop's investor relations website.
Wingstop Inc. (NASDAQ: WING) reported impressive fiscal first quarter 2024 financial results, showing a 36.8% increase in system-wide sales, 21.6% domestic same store sales growth, and an 83.5% surge in net income. Total revenue rose to $145.8 million, with adjusted EBITDA up 45.3% to $50.3 million. The company plans low double-digit domestic same store sales growth and 275 to 295 global net new units for 2024. Despite rising costs, Wingstop remains committed to shareholder value, approving a $0.22 quarterly dividend per share.
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