Wingstop shares (WING) rose nearly 9% on Monday, extending their post-earnings gains after the company reported third-quarter results on Oct. 28. Revenue rose 5.3% year over year to $185 million on new store openings, with 76 net new stores bringing the total to 3,331 locations as of Sept. 26, including 2,787 in the U.S. and 544 franchised international locations. However, domestic same-store sales fell 5.4% as consumers pulled back on dining out amid rising gas prices and other costs, and the company lowered its full-year same-store sales forecast to a decline of 6.5% to 7%. Adjusted net income was $29.3 million, or $1.08 per share, above Wall Street's estimate of $1.02. CEO Michael Skipworth said the Club Wingstop loyalty program is helping to draw guests back, and the company plans to open as many as 450 net stores in 2026 while working toward more than 10,000 restaurants globally.
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