RBC Capital Cautious On Wingstop (WING) Amid Soft Same-Store Sales Trends

Backed by one-year EPS and gross maturation estimates of 25.49% and 16.01%, respectively, Wingstop Inc. (NASDAQ:WING) ranks among the best maturation stocks to bargain and clasp successful 2026.

Wingstop Inc. (NASDAQ:WING) is sitting connected coagulated expert enactment heading into precocious April 2026.

A beardown majority, astir 84% of analysts covering Wingstop Inc. (NASDAQ:WING), are recommending it arsenic a Buy, and the statement terms people of $189.19 suggests 53% upside potential.

However, that affirmative backdrop did not halt RBC Capital expert Logan Reich from making an accommodation connected April 20, 2026.

Reich trimmed the terms people connected Wingstop Inc. (NASDAQ:WING) to $275 from $340, portion reiterating an “Outperform” rating, up of the company’s archetypal 4th results.

The steadfast is modeling a miss successful same-store sales, citing ongoing macro pressures weighing connected Wingstop’s halfway user base. Weather is besides expected to person created an further 100 ground constituent headwind during the quarter. Despite near-term softness, RBC sees beardown franchisee returns connected superior arsenic supporting continued portion enlargement and does not presumption the company’s portion maturation outlook arsenic being astatine elevated risk.

This cautious near-term work follows Wingstop’s results reported successful February, which told a mixed story.

Revenue came successful astatine $175.7 million, up 8.6%, portion system-wide income reached $1.3 billion, a 9.3% increase. Adjusted EBITDA followed suit, climbing 9.8% to $61.9 million. The 1 country that fell abbreviated was home same-store sales, which pulled backmost 5.8% implicit the period.

The afloat twelvemonth 2025 results painted a stronger picture.

For the afloat twelvemonth 2025, system-wide income grew 12.1% to $5.3 billion, portion nett income reached $174.3 million, up 60.3%, a beardown showing connected the profitability front. Heading into 2026, Wingstop is forecasting level to low-single-digit maturation successful home same-store sales, with planetary portion maturation expected to onshore betwixt 15% and 16%.

On the outgo front, Wingstop Inc. (NASDAQ:WING) has acceptable retired its expectations clearly.

SG&A is projected astatine $151 cardinal to $154 million, stock-based compensation astatine astir $32 million, involvement disbursal astatine astir $43 million, and depreciation and amortization astatine astir $30 million.

The wide guidance points to a institution that is pressing up with enlargement portion keeping a steadfast grip connected costs and making the astir of its operating leverage. The institution volition study its Q1 2026 results connected April 29, 2026.

Wingstop Inc. (NASDAQ:WING) is an relation and franchisor of restaurants nether the Wingstop brand. The institution operates its restaurants crossed the United States, Kuwait, Saudi Arabia, Australia, Puerto Rico, Bahrain, and the Netherlands. It was incorporated successful 1994 and is based successful Dallas, Texas.