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Wingstop Inc. stock price
Wingstop Inc. latest news:
WING, Q4, Operating Metrics Released
Company Name: WINGSTOP INC Quarter: FQ -2017 - Q4, 2017-12.
Wingstop shares drop as outlook falls short of Street view
Wingstop Inc. shares dropped in the extended session Thursday after the chicken-wing franchise's outlook fell short of Wall Street estimates. Wingstop shares fell 9% after hours. For the year, Wingstop estimates earnings of 75 cents a share, while analysts surveyed by FactSet expect earnings of 83 cents a share. The company reported fourth-quarter net income of $10.5 million, or 36 cents a share, compared with $4.3 million, or 15 cents a share, in the year-ago period. Adjusted earnings were 17 cents a share. Revenue rose to $28.3 million from $24.6 million in the year-ago period. Analysts had estimated 16 cents a share on revenue of $27.5 million.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Wingstop declares special $3.17 dividend
Wingstop Inc. said late Tuesday its board of directors has approved a special cash dividend of $3.17 a share in conjunction with the company closing on a new $250 million senior secured credit facility. The special cash dividend represents about 7% of Wingstop's market capitalization, the company said in a statement. The special cash dividend will be paid on Feb. 14 to stockholders of record as of Feb. 9. Wingstop shares rose 0.4% in the late session, matching the share increase at the close of the regular trading day.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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