Wingstop Rises 2.76% as Major US Stock Indexes Fall

Wingstop shares closed at $101.80 on Sept. 28, up 2.76% from the previous session. The S&P 500 fell 0.77%, while the Dow dropped 0.67% and the Nasdaq slid 0.92%.

The stock’s daily gain followed a difficult month. Before the session, shares were down 12.78% over the prior month, while the Retail-Wholesale sector lost 6.02% and the S&P 500 gained 0.96%.

Investors are awaiting Wingstop’s upcoming earnings report. Analysts expect earnings of $1.05 per share, a 3.67% year-over-year decline. Zacks’ consensus revenue estimate is $194.94 million, up 10.93% from the year-ago quarter.

For the full year, the Zacks consensus calls for earnings of $4.5 per share and revenue of $766.07 million, increases of 10.29% and 9.93%, respectively, from the previous year. The consensus earnings estimate was revised 0.2% lower over the past 30 days, according to Zacks.