Wingstop Inc. (NASDAQ:WING ) Q4 2024 Earnings Conference Call February 19, 2025 10:00 AM ET Corporate Participants Kristen Thomas - Senior Manager of Investor Relations Michael Skipworth - President and Chief Executive Officer Alex Kaleida - Senior Vice President and Chief Financial Officer Conference Call Participants David Tarantino - Baird Andrew Charles - TD Cowen Jeffrey Bernstein - Barclays Jim Salera - Stephens, Inc. Sara Senatore - Bank of America Brian Harbour - Morgan Stanley Chris O'Cull - Stifel Danilo Gargiulo - Bernstein Jeff Farmer - Gordon Haskett Christine Cho - Goldman Sachs Gregory Francfort - Guggenheim Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Wingstop Fiscal Fourth Quarter and Full Year 2024 Earnings Conference Call.
Since it went public in 2015, Wingstop (WING -13.29%) has been one of the greatest restaurant stock investments. This means it trades at 52-week highs more often than 52-week lows.
While the top- and bottom-line numbers for Wingstop (WING) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Wingstop (WING) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.64 per share a year ago.
Wingstop (WING 0.44%), the popular chicken wings chain, recently published its Q4 2024 earnings on February 19, 2025. The company announced a diluted EPS of $0.92, surpassing the analyst forecast of $0.86, by delivering a growth rate of 43.8% year-over-year.
The revenue miss — driven by higher costs of food, beverage, packaging and bone-in chicken wings — offset a profit beat.
WING's fiscal fourth-quarter performance is likely to have benefited from new restaurant openings, menu innovation and a strong digital business.
Wingstop Inc.'s Q4 performance should show rapid revenue growth as the company's franchise continues to grow. Negatively, industry-wide sales suggest a slowdown in December, and lower consumer confidence in early 2025 could lead to a weaker outlook ahead. Rising food costs add to Wingstop's negative catalysts. With concerns over Wingstop's performance, especially with margins, I believe that WING stock provides a weak risk-to-reward. I estimate -17% downside to a fair value of $251.9.
Get a deeper insight into the potential performance of Wingstop (WING) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Wingstop (WING) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Wingstop (WING) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wingstop (WING) concluded the recent trading session at $303.67, signifying a +1.94% move from its prior day's close.