Wingstop Inc.'s stock slid 7.8% early Wednesday, after the operator of chicken restaurants fourth-quarter revenue fell short of estimates, offsetting a profit beat.
Dallas-based Wingstop $(WING.UK)$ had per-share earnings of 92 cents for the quarter, up from 64 cents a year ago, and ahead of the 86-cent FactSet consensus.
Revenue rose to $161.8 million from $127.1 million a year ago, below the $165.0 million FactSet consensus.
Same-store sales rose 10.1%. FactSet did not provide a same-store sales consensus.
The company is now expecting fiscal 2025 same-store sales to rise in the low to mid-single digits. The stock is down 4% in the last 12 months, while the S&P 500 SPX has gained 22.5%.
(This is a breaking news story. Check back for updates)
-Ciara Linnane
For more from MarketWatch: http://www.marketwatch.com/newsviewer
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 19, 2025 08:12 ET (13:12 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.