WING - Wingstop Analysts Raise Their Forecasts After Strong Q3 Results | Benzinga
Wingstop Inc. (NASDAQ: WING) posted upbeat earnings for the third quarter on Wednesday.
Wingstop reported third-quarter FY23 sales growth of 26.4% year-on-year to $117.1 million, beating the analyst consensus estimate of $109.08 million. Adjusted earnings of 69 cents per share beat the analyst consensus estimate of 52 cents per share.
Wingstop raised its FY23 domestic same-store sales growth outlook to about 16% from the previous 10% - 12% growth.
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