These Analysts Slash Their Forecasts On Wingstop After Q3 Results

Wingstop (NASDAQ:WING) reported mixed third-quarter financial results on Wednesday.

The company reported third-quarter earnings per share of 88 cents, missing the street view of 95 cents. Quarterly sales of $162.498 million beat the analyst consensus estimate of $161.535 million.

The companydeclared a quarterly dividend of $0.27 per share of common stock, resulting in a total dividend of approximately $7.9 million. This dividend will be paid on December 6

The company reaffirmed approximately 20% domestic same-store sales growth for FY24 and updated guidance to 320, 330 global net new units (previously 285, 300), ...