Wingstop Investors Hit the Exits After Profit Shortfall
Wingstop Inc. (WING) stock is trading lower by nearly 5% in Wednesday’s pre-market session after the company missed fourth quarter 2019 profit estimates by more than 17%, booking earnings per share (EPS) of $0.14 compared to consensus estimates of $0.17. The fast food chain reported in-line revenue of $53.19 million, which marked a 31.3% increase…