Added to YB: 2026-09-22
Pitch date: 2026-09-17
WING [neutral]
Wingstop Inc.
+2.71%
current return
Author Info
No bio for this author
Company Info
Wingstop Inc., together with its subsidiaries, franchises and operates restaurants under the Wingstop brand in United States, Australia, Bahrain, Kuwait, Puerto Rico, Saudi Arabia, and The Netherlands.
Market Cap
$2.8B
Pitch Price
$104.50
Price Target
N/A
Dividend
1.27%
EV/EBITDA
16.36
P/E
24.70
EV/Sales
5.52
Sector
Hotels, Restaurants and Leisure
Category
N/A
Wingstop Execs Aren’t Paid to Sell Wings?
WING (pass): Wingstop was never purchased at 90-120x earnings, and the continued pass reflects incentives favoring adjusted EBITDA and unit openings while assigning 0% of annual bonuses to same-store sales. Comps have declined for five consecutive quarters, most recently 7.5%, and AUV fell from $2.1M in Q2 2025 to $1.9M, yet unit growth remains 16%. The thesis changes only if sales per restaurant stop declining.
Read full article (4 min)