Latest news with #WING
Business Insider
30-05-2025
- Business
- Business Insider
Wingstop (WING) Receives a Buy from Wells Fargo
In a report released today, Zachary Fadem from Wells Fargo maintained a Buy rating on Wingstop (WING – Research Report), with a price target of $375.00. The company's shares opened today at $337.75. Confident Investing Starts Here: According to TipRanks, Fadem is a 5-star analyst with an average return of 9.8% and a 60.72% success rate. Fadem covers the Consumer Cyclical sector, focusing on stocks such as Wingstop, AutoZone, and Best Buy Co. In addition to Wells Fargo, Wingstop also received a Buy from Truist Financial's Jake Bartlett in a report issued on May 27. However, on May 14, Truist Financial maintained a Hold rating on Wingstop (NASDAQ: WING). The company has a one-year high of $433.86 and a one-year low of $204.00. Currently, Wingstop has an average volume of 894.6K. Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WING in relation to earlier this year. Earlier this month, Michael Skipworth, the President & CEO of WING sold 10,000.00 shares for a total of $3,373,343.00.
Yahoo
02-05-2025
- Business
- Yahoo
WING Q1 Earnings Call: Menu Innovation and Digital Investments Offset Margin Pressure
Fast-food chain Wingstop (NASDAQ:WING) met Wall Street's revenue expectations in Q1 CY2025, with sales up 17.4% year on year to $171.1 million. Its non-GAAP profit of $0.99 per share was 14.7% above analysts' consensus estimates. Is now the time to buy WING? Find out in our full research report (it's free). Revenue: $171.1 million vs analyst estimates of $170.8 million (17.4% year-on-year growth, in line) Adjusted EPS: $0.99 vs analyst estimates of $0.87 (14.7% beat) Adjusted EBITDA: $54.19 million vs analyst estimates of $57 million (31.7% margin, 4.9% miss) Operating Margin: 22.4%, down from 29.3% in the same quarter last year Free Cash Flow Margin: 10.1%, down from 23% in the same quarter last year Locations: 2,689 at quarter end, up from 2,279 in the same quarter last year Same-Store Sales were flat year on year (21.6% in the same quarter last year) Market Capitalization: $7.25 billion Wingstop's first quarter results reflected steady revenue growth, driven by accelerated restaurant openings and progress in digital initiatives, as described by CEO Michael Skipworth. Management attributed performance to strong new guest acquisition, the successful relaunch of chicken tenders, and ongoing investments in the Wingstop Smart Kitchen. The company also highlighted the impact of difficult prior-year sales comparisons and regional consumer pullbacks, especially in lower-income and Hispanic markets, which management characterized as temporary. Looking ahead, management expects the macroeconomic environment to remain uncertain, shaping a cautious outlook for same-store sales in 2025. Skipworth and CFO Alex Kaleida emphasized continued focus on expanding unit count, brand awareness, and the upcoming loyalty program as levers for long-term growth. Kaleida noted that the Smart Kitchen rollout and digital personalization strategies are designed to improve guest experience and transaction frequency, supporting the company's goal of reaching $3 million average unit volumes (AUVs) and over 10,000 global locations. Management's remarks focused on the company's ability to deliver revenue growth through accelerated unit development and digital transformation, while navigating margin headwinds and shifts in guest behavior. Accelerated Unit Openings: Wingstop opened a record 126 new restaurants in the quarter, with franchisees' demand for growth supported by strong unit-level economics and predictable food costs. Management stated that new restaurant volumes are trending at $1.8 million, up from $1.2 million three years ago. Digital and Technology Investments: The rollout of the proprietary Wingstop Smart Kitchen platform, now in over 200 restaurants, has cut order times in half and improved consistency. Early results show higher sales and guest satisfaction versus control locations, and the company expects a full rollout by year end. Menu Innovation and Guest Acquisition: The relaunch of chicken tenders drove record new guest acquisition in March, with management noting that new tender guests exhibit behavior similar to those from the chicken sandwich launch—starting with individual visits and migrating to group occasions over time. International Expansion Momentum: Management highlighted strong results in international markets, including record-opening sales in Kuwait and rapid expansion in Puerto Rico. Plans are underway to launch in Australia and up to five new international markets in 2025. Brand Awareness Initiatives: Increased advertising spend, including a partnership with the NBA and targeted campaigns through digital channels, was cited as a key driver for brand health metrics and guest acquisition. Management noted a persistent 20-point gap in brand awareness versus competitors, underscoring ongoing marketing efforts. Management's outlook for 2025 centers on cautious expectations for same-store sales growth, with a greater emphasis on new unit development, digital engagement, and menu innovation to support future performance. Smart Kitchen Rollout Impact: The full deployment of the Smart Kitchen is expected to improve service speed and consistency, potentially unlocking new sales occasions and driving higher transaction frequency, though management has not explicitly factored its impact into second-half guidance. Loyalty Program Launch: A new loyalty program, leveraging the company's 50 million-user database, is planned for pilot in late 2025. Management expects this initiative to drive repeat visits and enhance personalized marketing. International and Franchise Expansion: Ongoing commitment to opening new markets and accelerating franchise growth, including in Australia and other international regions, is viewed as a critical long-term growth engine. Management cited strong franchisee demand and improved returns as key enablers. Jeffrey Bernstein (Barclays): Asked about the rationale behind the cautious 1% same-store sales outlook. Management attributed this to difficult prior-year comparisons and localized consumer pullbacks, emphasizing confidence in long-term strategies. David Tarantino (Baird): Inquired about the measured sales impact from the Smart Kitchen rollout. Management pointed to early positive sales divergence and improved guest satisfaction, but did not quantify the expected benefit for the remainder of 2025. Danilo Gargiulo (Bernstein): Queried on international expansion plans, specifically the timing and strategic importance of China and India. Management stated that China remains a long-term opportunity but is not prioritized currently due to the geopolitical environment; India was also cited as a significant future market. Andrew Charles (TD Cowen): Asked about the effect of development on existing store sales and the decision to move from CRM efforts to a formal loyalty program. Management indicated minimal sales transfer impact and highlighted the importance of loyalty for driving repeat behavior. Chris O'Cull (Stifel): Sought details on how Wingstop is addressing softness among Hispanic and lower-income consumers, and strategies to communicate improved service times. Management described targeted, value-driven marketing and reliance on organic guest experience improvements rather than explicit messaging about faster service. In the coming quarters, the StockStory team will monitor (1) the pace and sales impact of the Smart Kitchen rollout, (2) the pilot and development of the new loyalty program as a driver of guest retention, and (3) continued international expansion, including new market entries and franchisee momentum. We will also pay close attention to whether menu innovation sustains new guest acquisition and if marketing investments narrow the brand awareness gap. Wingstop currently trades at a forward P/E ratio of 65.4×. Should you load up, cash out, or stay put? See for yourself in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Comfort Systems (+751% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Yahoo
30-04-2025
- Business
- Yahoo
Wingstop: Q1 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Wingstop Inc. (WING) on Wednesday reported first-quarter profit of $92.3 million. On a per-share basis, the Dallas-based company said it had profit of $3.24. Earnings, adjusted for one-time gains and costs, were 99 cents per share. The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. The restaurant chain posted revenue of $171.1 million in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $170.5 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on WING at
Business Upturn
30-04-2025
- Business
- Business Upturn
Crypto market update: Bitcoin steady above $94,600 while XRP, Dogecoin lead losses
By News Desk Published on April 30, 2025, 07:09 IST The global cryptocurrency market saw mixed trading today with major altcoins witnessing price declines even as Bitcoin and Ethereum hovered in a narrow range. Traders appeared cautious amid broader market volatility, with selective tokens rallying on project-specific triggers. Bitcoin holds above $94,600 despite mild decline Bitcoin (BTC), the world's largest cryptocurrency by market cap, was trading at $94,604.62, registering a marginal 0.46% drop in the last 24 hours. The daily trading volume stood at $27.99 billion, while Bitcoin's market capitalization remained robust at $1.87 trillion. Ethereum gains slightly; Tether, USDC hold steady Ethereum (ETH) managed a modest recovery, gaining 0.17% to reach $1,801.78, supported by stable network demand and improving on-chain activity. Stablecoins Tether (USDT) and USD Coin (USDC) remained flat at $0.9998 and $0.9997 respectively, underscoring market participants' defensive positioning. Altcoins under pressure; XRP drops 2.75%, Solana down 1.69% Several top altcoins were in the red: XRP fell sharply by 2.75% to $2.24 , making it one of the worst performers among the top 10 by market cap. Solana (SOL) slipped 1.69% to $145.66 , with its 24-hour volume at $2.88 billion . BNB also dropped 0.71% to $601.30 , while Cardano (ADA) slid 1.25% to $0.6967 . Dogecoin (DOGE) lost 2.51%, trading at $0.17486, extending its recent weakness. Top gainers: SIGN and INIT surge over 26% Among the lesser-known cryptos, some tokens posted strong double-digit gains: SIGN led the market with a 26.63% surge , trading at $0.0944 . INIT was up 26.33% to $0.8487 , followed by PUNDIX (+20.43%) and REZ (+17.39%). Other gainers included COOKIE (+14.31%), CTK (+13.34%), and BMT (+9.15%). Top losers: VIB and WING plunge over 17% On the downside, high volatility gripped several small-cap tokens: VIB plunged 18.66% to $0.01404 , becoming the worst-performing coin of the day. WING dropped 17.65% , while BROCCOLI714 and BSW declined 11.36% and 10.66% , respectively. Other notable losers included TRUMP (-9.81%), IOTA (-8.85%), and HIFI (-8.31%). Market outlook Despite mixed performance in top cryptocurrencies, broader altcoin action suggests ongoing investor interest in emerging and speculative assets. However, downside pressure in prominent names like XRP, DOGE, and SOL may weigh on overall market sentiment in the near term. Disclaimer: This article is for informational purposes only and does not constitute investment advice. News desk at
Buzz Feed
01-04-2025
- Buzz Feed
World Travellers Are Revealing The Most Mind-Blowing, Worth-Every-Penny Restaurants They've Been To Around The World, And Now I'm Questioning All My Food Choices
As a loud-and-proud foodie, I'll confess the truth: I've travelled embarrassingly long distances solely for the food. And I'd do it all over again — because when a restaurant really knocks you off your feet, it's a unique experience that goes beyond words. If you don't like food or travel, I fear you're gravely missing out. And I also fear we could never be friends. So recently, I went searching on Reddit to find some restaurants that tourists can't stop thinking about — the places that may get get tons of hype, yet still seem to leave people speechless. Here are some of the places people mentioned: 1. First, "I had an absolutely phenomenal dinner at WING — it was the highlight of my Hong Kong trip. Easily one of my all-time favourite meals in the last 12 months, and that's counting several celebrated places." Plus, this restaurant was just ranked number three on the list of Asia's best restaurants of 2025. "They delivered a broad spectrum of modern Chinese dishes that are full of substance and sensibility." – vinoyvaca 2. Also in Hong Kong, " The Chairman. It's the consistent, best Cantonese food choice of many top-end Cantonese chefs in Hong Kong." And this one made it on the list, too — it was ranked the second-best restaurant in Asia this year. – New_Let_2494 3. " El Preferido de Palermo in Buenos Aires, Argentina. The Milanesa a la Napolitana was really, really delicious. And I'm a big fan of McDonalds fries and thought nothing would be better than those, until I tried El Preferido's fries." "They were very crispy and a had a little tinge of sweetness to them. I miss those fries a lot." – tomsawyertravels 5. " Osteria Santo Spirito in Florence, Italy. It was one of the highlights of our trip." – nathanaz "Lasagna I still dream about." – bluelizard5555 NBC / Via 6. " Bar Cañete in Barcelona. Sat at the bar and had the best food and wine — so fun to watch the chefs in action." — thesmallestwaffle "One of the best meals I've ever it was literally next door to my hotel! We ate there twice just because it was so close, and so amazing!" — beachlvr1 7. " L'As du Fallafel, in what was once Paris's most vibrant Jewish neighborhood." "Best falafel I've ever had. I literally think wistfully about it every time I come accross a so-so falafel here in the States." 8. " Mama's Fish House in Maui, Hawaii. We only got drinks and apps because we weren't exactly planning on eating there, but next time we go we're definitely going for a full meal." — 47981247 10. " Lee Brasserie in Tallinn, Estonia." — thesirensoftitans "A million years ago I worked with the chef from Lee. A year and a bit ago, we were in Tallinn, so I messaged him out of the blue. Was treated to an absolutely sensational evening by he and the team." — MuskratGriffin 11. " Fuku Noki in Sapporo, Japan. They had a unique tomato broth soup ramen (honestly it was more reminiscent of pasta than ramen) but that rich umami creamy broth still sticks out to me until this day. The noodle texture was also just right for the broth to cling to and to give it a bite." "Honestly recommend this place for anyone looking for unique and/or pork-free ramen in Sapporo. Plus the owner was really friendly!" – yodelingllama DigiPub / Getty Images 12. " Antalya Kebab in Budapest. That kebab changed my life." — MarcellusxWallace 13. " Quán Ut Ut in Saigon, Vietnam. Street American-style BBQ with local beers and Asian heat (spice and weather…). Best ribs I've ever tasted." — polymath77 14. "The scallops at Andina, a Peruvian restaurant in Portland, Oregon." — thriftingforgold "This restaurant is amazing. Had the grilled octopus and I still talk about it to this day almost six years later." — BC_Samsquanch 15. "I've been to Marmaris, Turkey several times and there's a restaurant called Golden Plate that I go to every time. I've never even seen a menu, I just ask for a recommendation and it is AMAZING every time! I've never been disappointed." — rlikesbikes 16. " Hisa Franko in Slovenia. Went out of our way to eat there. Great road trip and incredible meal and wine pairing. Amazing." — fancybeadedplacemat 17. " Bullock's Bistro in Yellowknife, Canada. The fish are fresh out of Great Slave Lake. I had the pan-fried arctic char, and I still think about it." — pleuschr 18. " Little Vincent's Pizzeria on Long Island. They add cold cheese on top of the pizza once it's cooked. Never had anything like it since." — sirachasamurai Fox / Via 20. "I was scrolling through these looking for Gaggan in Bankok — easily the most memorable meal of my life. The chef's table there isn't just a meal; it's a performance." "The thing that made it especially cool for me was that I was sat next to an Indian chef who had competed in and done very well on MasterChef Australia. So, he was able to explain both the techniques and the base foods that the chefs were adapting. Incredible." — fraxbo 21. "At a jazz club in Mexico City, I got a caesar salad prepared tableside by the grandson of Caesar Cardini. It was the best caesar salad I have ever had in my life." "Unfortunately, the restaurant did not survive COVID." — Prince-Minikid 22. " Ergon Agora in Thessaloniki, Greece. Greek food with a modern flair, but still so tasty, fresh, and humble. I went there in 2017 and still think about that place, often thinking how to add Thessaloniki to a trip just for this place!" — aucnderutresjp_1 23. "In my own country, the UK, I loved this restaurant called the Happy Lamb in London. It's near the British Museum and does fantastic make-it-yourself hot pot food. So delicious!" — Dependent_Break4800 24. And finally: " New York Pizzeria in Hamilton, New York. I've had pizza throughout Italy, New York, and many other places, but nothing as good as the slices I had while a student at Colgate in upstate New York." "I don't know if this is because I was usually fairly drunk when I ate it. Many years after graduation I took my husband, and he agreed that there was something really special about those slices." — 3C1J
