Wingstop Cuts FY2026 Outlook to 6.5%-7% Same-Store Sales Decline After Q3 Miss
WING sits 33% above its 52-week low of $95.82 on elevated volume (2.4× avg).
Summary
Wingstop cut its full-year domestic same-store sales outlook to a decline of about 6.5% to 7%, deepening the negative guidance it issued with Q2 results in July. The Q3 print shows the trend is not stabilizing: domestic same-store sales fell 5.4% in the quarter. Revenue came in at $185.1 million with adjusted EPS of $1.08, EPS of $1.07 and net income of $29.1M. Unit growth remains the offset, with FY2026 global net new units guided to 440 to 450, or 14.4% to 14.7% growth. The core issue is that a shrinking same-store sales base pressures franchisee economics and royalty revenue even as the store count expands. This follows the 8-K filed at 11:37 ET today carrying the same results and guidance.
At the time of this announcement, WING was trading at $127.00 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $95.82 to $302.80. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.