DALLAS, Sept. 27, 2022 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal third quarter 2022 financial results on Wednesday, October 26, 2022 at 10:00 AM EST. A press release with fiscal third quarter 2022…
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WING is a fast growing and profitable business in the restaurant industry. With a risk-reward ratio less than 2, now is a good time to take some profits and/or reduce exposure. Read more.
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Wingstop''s chicken sandwich may not have the satisfying crunch or thick cut of competitors'' chicken sandwiches, but it''s superior in one area.
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A couple of pieces of positive news boosted the chicken-wing restaurant.
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As of Wednesday, Wingstop Inc.’s (NASDAQ:WING) stock closed at $139.76, up from $132.04 the previous day. While Wingstop Inc. has overperformed by 5.85%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WING fell by -18.64%, with highs and lows ranging from $181.00 to $67.67, whereas the […]
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The chicken wing restaurant got some good economic news
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Wingstop With guests cutting back on visits, Wingstop''s new CEO explains his playbook for boosting sales. One move is ending an exclusive delivery partnership with DoorDash and…
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Wingstop CEO Michael Skipworth said adding Uber Eats as a new delivery partner and entering the chicken sandwich wars will help lure customers.
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A Relative Strength Rating upgrade for Wingstop shows improving technical performance.
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Wingstop is coming out with a chicken sandwich that is a lot like the others in the chicken sandwich wars, but with a big difference. The Texas-based chain’s sandwich is available with 12 different kinds of chicken, like its wings.
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Wingstop is "calling for a breakup" from your preferred chicken sandwich option by introducing their own, available in any of its dozen flavors.
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The Texas-based fast food chain is offering chicken sandwiches with the same selection of sauces and dry rubs as its chicken wings.
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A Relative Strength Rating upgrade for Wingstop shows improving technical performance.
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BMO Capital Markets said it is taking a cautious view of the restaurant sector despite some of the resilient restaurant spending trends. Read more.
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In trading on Friday, shares of Wingstop Inc (Symbol: WING) crossed below their 200 day moving average of $125.05, changing hands as low as $124.93 per share. Wingstop Inc shares are currently trading down about 3.2% on the day. The chart below shows the one year performance
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"Taking accountability is big when you''re the biggest," musician tells his followers on social media.
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“Restaurant industry employees work hard, often for low wages, and many depend on every dollar earned to make ends meet.”
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According to Benzinga Pro, during Q2, Wingstop (NASDAQ: WING ) earned $13.31 million, a 53.38% increase from the preceding quarter. Wingstop also posted a total of $83.78 million in sales, a 9.94% increase since Q1. Wingstop earned $8.68 million, and sales totaled $76.20 million in Q1. What Is Return On Invested Capital? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a sign of higher earnings … Full story available on Benzinga.com
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ClearBridge Investments, an investment management company, published its “ClearBridge Small Cap Growth Strategy” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the second quarter, the fund declined and underperformed the Russell 2000 growth benchmark. The letter states that higher interest rates and current economic events influenced the performance of […]
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Cowen sees significant upside for Wingstop (WING) with revenue growth supported by new initiatives and unit growth. Read more.
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The futures are lower on Monday as we start August after an outstanding July that saw the biggest gains for the stock market in months. All of the major indices closed higher on Friday as once again the Nasdaq led the way rising close to 2%. Strong results and positive guidance from mega-cap technology giants […]
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Related Stocks: WING , VSTO , AUDC , AMR , BGS ,
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Wingstop (WING) shares jumped over 20% on July 28 to close at $119.80 after the company delivered an impressive second-quarter earnings beat and reiterated its FY2022 earnings guidance above analysts'' expectations. Notably, the easing in commodity inflation, as seen in the 18.8% year-over-year decrease in the cost of bone-in chicken wings, acted as a tailwind. Based in the U.S., Wingstop is the franchisor and operator of restaurants that engage in the provision of cooked-to-order, hand-sauced, and tossed chicken wings. WING Q2 Numbers Notably, adjusted earnings of $0.45 per share grew 20.1% year-over-year and beat analysts’ expectations of $0.36 per share. The company reported earnings of $0.
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https://www.investing.com/news/pro/wingstop-pt-raised-to-145-at-btig-432SI-2857793
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Gainers Athersys, Inc. (NASDAQ: ATHX ) climbed 71.1% to close at $0.3250 on Thursday after gaining 10% on Wednesday. Athersys is expected to release its Q2 financial results on Thursday, August 11, 2022. SKYX Platforms Corp. (NASDAQ: SKYX ) gained 68.6% to settle at $7.03. Benchmark initiated coverage on SKYX Platforms with a Buy rating and announced a price target of $15. ECB Bancorp, Inc. (NASDAQ: ECBK ) jumped 40.9% to close at $14.09. Aridis Pharmaceuticals, Inc. (NASDAQ: ARDS ) climbed 37.1% to close at $1.92. Q&K International Group Limited (NASDAQ: QK ) gained 32.6% to close at $1.87. JAKKS Pacific, Inc. (NASDAQ: JAKK ) shares surged 31.5% to close at $22.46 after the company reported better-than-expected Q2 results. Better Therapeutics, Inc. (NASDAQ: BTTX ) surged 30.9% to close at $1.99 after the company completed its clinical trial for BT-001, an investigational prescription digital therapeutic that is designed to use nCBT to treat type 2 diabetes. Sunrun Inc. (NASDAQ: RUN ) surged 30% to settle at $30.92 alongside Sunnova Energy International after the company reported strong top-line financial results and reaffirmed guidance.
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U.S. stocks closed higher on Thursday, with the Dow Jones jumping more than 300 points. Here is the list of some big stocks moving higher in the previous session. JAKKS Pacific, Inc. (NASDAQ: JAKK ) shares surged 31.5% to close at $22.46 after the company reported better-than-expected Q2 results. Sunrun Inc. (NASDAQ: RUN ) surged 30% to settle at $30.92 alongside Sunnova Energy International after the company reported strong top-line financial results and reaffirmed guidance. Sunnova Energy International Inc. (NYSE: NOVA ) rose 27.9% to close at $24.92 after the company reported better-than-expected Q2 sales results. Plug Power Inc. (NASDAQ: PLUG ) gained 25.9% to close at $21.63 after Senator Joe Manchin reversed his opposition to a bill that includes provisions to address climate change. SIGA Technologies, Inc. (NASDAQ: SIGA ) rose 24.8% to close at $22.35. Bel Fuse Inc. (NASDAQ: BELFB ) gained 23.7% to settle at $23.73 after the company reported better-than-expected Q2 EPS and sales results.
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Wingstop Inc. (NASDAQ:NASDAQ:WING) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Susana Arevalo - Vice President of FP&A & Investor Relations…
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The restaurant sector was among the top performing sectors on Thursday after a strong report from Wingstop (WING) offered indications that commodity prices may be coming down.
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At a time when many consumers may have forgotten what deflation is, Wingstop said it''s reaping the benefits of lower chicken wing prices.
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Wingstop (WING) is scheduled to announce Q2 earnings results on Thursday, July 28th, before market open.The consensus EPS Estimate is $0.36 (-5.3% Y/Y) and the consensus Revenue Estimate is…
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In the last trading session, 1.03 million Wingstop Inc. (NASDAQ:WING) shares changed hands as the company’s beta touched 1.50. With the company’s per share price at $99.26 changed hands at -$5.24 or -5.01% during last session, the market valuation stood at $3.03B. WING’s last price was a discount, traded about -82.35% off its 52-week high … Wingstop Inc. (NASDAQ: WING): Performance Report And Growth Forecast Read More »
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Stifel analyst Chris O’Cull offered updated perspectives on the restaurant industry ahead of a busy earnings schedule to close the month of July.
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Wingstop''s long-term growth prospects look attractive. The long-term target of 7000 restaurants should drive the top line. Read more.
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DALLAS, June 30, 2022 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal second quarter 2022 financial results on Thursday, July 28, 2022 at 10:00 AM EST. A press release with fiscal second quarter 2022…
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Wingstop has shown impressive growth over past few years. See why I believe despite good long-term prospects, WING stock might correct further before recovering.
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Wingstop''s flight toward the $200 level was cut short late last year, with the stock tumbling to 52-week lows. Read why investors should carefully watch WING.
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Wingstop Inc. (NASDAQ:WING) shares, rose in value on Friday, 06/03/22, with the stock price down by -1.46% to the previous day’s close as strong demand from buyers drove the stock to $78.09. Actively observing the price movement in the last trading, the stock closed the session at $79.25, falling within a range of $76.34 and … Thinking About Buying Wingstop Inc. Stock? Here’s What You Need To Know. Read More »
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Wingstops Thighstop is encouraging guests to try thighs, which are one of the juiciest and most flavorful parts of the chicken. | Thighstop The nations chicken wars and cravings for comfort food during the pandemic have made poultry so scarce and expensive that some restaurants are limiting or running out of chicken sandwiches, wings and tenders. Wingstop is expanding its body of chicken offerings with Thighstop, an online-only, temporary restaurant that will deliver chicken thighs via DoorDash amid a chicken shortage. The new thigh concept will be available at more than 1,400 locations nationwide and is addressing the consumers fear of a chicken wing shortage head-on, the company said in a release provided by Thighstop spokesperson Megan Sprague. We think theyll appeal to guests because theyre a different part of the chicken and therefore a new way to experience Wingstop flavor, Charlie Morrison, CEO and chairman of Wingstop restaurants, said. They eat like a wing, but with more meat, Morrison continued.
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Summary List Placement Demand for chicken is still rising as brands compete in the chicken sandwich wars, but the meat has gotten more expensive. Experts predict a simple solution to alleviate this likely temporary problem: chains might start selling and promoting dark meat. Chicken has become more expensive over the last year, though most of the attention has focused on wings in particular. Chicken wing consumption is up 17% over last year, and breaded chicken is up 15% over the same period, according to NPD data. Chicken wings were a hit in 2020 and early 2021 as a nearly "pandemic proof" food they travel well for takeout, and wing and pizza shops already had the experience with delivery to keep business going without indoor dining. Large storms in Texas over the winter hit the US chicken supply hard in "major chicken producing regions," Tom Super, a spokesperson for the National Chicken Council, told Insider. "It will take time and effort to eventually replace the impacted hatchery supply flocks in that region." The same labor shortage impacting restaurants is also hitting chicken farms. "The chicken wing farms in America, they''re having trouble retaining and recruiting employees ," Greg Duell, co-owner of Duff''s Famous Wings in Buffalo, NY, said. "When that happens, they can''t process the birds fast enough, they have to feed them more, the feed costs have gone up, the birds are getting bigger and they can''t process and get them out," he said.
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NEW YORK , June 28, 2021 /PRNewswire/ -- Set to grow by USD 28.80 billion during 2021-2025, Technavio''s latest market research report estimates the fast-casual restaurants market in the US to register a CAGR of almost 8%. With a focus on identifying dominant industry influencers, Technavio''s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request a Free Sample Report The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amergent Hospitality Group Inc., Chipotle Mexican Grill Inc., Five Guys Enterprises LLC, Jimmy Johns Franchisor SPV LLC, Noodles and Co., Panera Bread Co., Portillos Hot Dogs LLC, Shake Shack Inc., Wingstop Inc., and YUM! Brands Inc. are some of the major market participants. The demand for innovation and customization in food menus will offer immense growth opportunities.
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THE Minister for Health has appointed Wing Tai Holdings chairman, Cheng Wai Keung, as the new chairman of the board of Singapore Health Services (SingHealth) for a three-year term starting July 1, 2021.
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The chicken wing chain is looking to ruffle some feathers in the industry.
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THE Minister for Health has appointed chairman of Wing Tai Holdings, Cheng Wai Keung, as the new chairman of the board of Singapore Health Services (SingHealth) for a three-year term starting July 1, 2021.
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There''s a chicken wing shortage. So this chain wants you to start loving thighs CNN
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DALLAS, June 24, 2021 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal second quarter 2021 financial results on Wednesday, July 28th, 2021 at
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Wingstop launches Thighstop amid wing shortage
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Wingstop is branching out with the launch of their first delivery-only brand, Thighstop
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Wingstop CEO Charlie Morrison told Cavuto: Coast to Coast Tuesday that due to shortage and soaring costs of chicken, the company is launching Thighstop as a more affordable alternative.
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When life hands you lemons, the obvious response according to the timeless cliché is to make lemonade. But what happens when life makes chicken wings too expensive to enjoy? The answer, according to one fast-food company, is to start selling chicken thighs. High On Thighs: Wingstop Inc. (NASDAQ: WING ) has introduced Thighstop as a non-wing alternative for fans. Available in both bone-in and boneless servings, Thighstop meals are, according to Full story available on Benzinga.com
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Wingstop (WING) has come to consumers rescue, tackling the chicken wing shortage head-on with its virtual thigh product offering. Thighstop, a virtual restaurant The post Wingstop Tackle Chicken Wing Shortage with Thighstop Virtual Restaurant appeared first on Smarter Analyst .
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