WingstopNASDAQ: WING

DALLAS , Nov. 13, 2024 /PRNewswire/ -- Wingstop Inc. ("Wingstop" or the "Company") (NASDAQ: WING), today announced its intention to complete a securitized financing transaction, which will include a new series of securitized debt. The Company also expects to upsize the capacity of its variable funding note facility.

ATLANTA, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Blaze Pizza, the recognized leader in fast-casual artisanal pizza, is firing up its growth engine thanks to a partnership with a multi-unit franchisee with extensive fast casual and quick service experience. Blaze Pizza's latest development plan targets the Southern California market, covering Ventura, Santa Barbara, and the Upper San Fernando Valley—all areas west of Los Angeles.

Wingstop reported incredibly strong Q3 growth, consisting of accelerating unit expansion and great same-restaurant growth. A hiccup in Wingstop's earnings scared the market's incredibly tight expectations, as company-owned restaurants' income fell and SG&A increased due to higher stock-based compensation. WING stock is still expensive, but due to potential bull scenarios of rapid international growth or rapid restaurant acquisitions, the risk-to-reward is more balanced.

Wingstop WING reported mixed third-quarter financial results on Wednesday.

Wingstop Inc. (NASDAQ:WING ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Alex Kaleida - SVP & CFO Michael Skipworth - President & CEO Conference Call Participants Jeffrey Bernstein - Barclays David Tarantino - Baird Andrew Charles - Cowen Sara Senatore - Bank of America James Salera - Stephens Brian Harbour - Morgan Stanley Danilo Gargiulo - Bernstein Andrew Barish - Jefferies Jeffrey Farmer - Gordon Haskett Gregory Francfort - Guggenheim Christine Cho - Goldman Sachs Brian Vaccaro - Raymond James Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Wingstop Fiscal Third Quarter 2024 Earnings Conference Call.

The stock is still crushing the S&P 500 over the past year -- and it's not even close.

Wingstop (WING) shares tumbled Wednesday after the chicken-wing chain's third-quarter profits fell short of analyst estimates.

Although the revenue and EPS for Wingstop (WING) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Delivers Record Third Quarter with 106 Net New Openings and 17.1% Unit Growth Domestic Same Store Sales Increased 20.9%, Driven by Transaction Growth DALLAS , Oct. 30, 2024 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced financial results for the fiscal third quarter ended September 28, 2024. Highlights for the fiscal third quarter 2024 compared to the fiscal third quarter 2023: System-wide sales increased 39.4% to $1.2 billion 106 net new openings in the fiscal third quarter 2024 Domestic restaurant AUV increased to $2.1 million Domestic same store sales increased 20.9% Digital sales increased to 69.0% of system-wide sales Total revenue increased 38.8% to $162.5 million Net income increased 31.9% to $25.7 million, or $0.88 per diluted share Adjusted EBITDA, a non-GAAP measure, increased 39.5% to $53.7 million Adjusted EBITDA is a non-GAAP measure.