Investing.com -- Wingstop Inc (NASDAQ:WING) reported fourth-quarter earnings that topped Wall Street expectations, though revenue fell short of estimates. Shares of Wingstop were down more than 7% at $283 in premarket trading.
The chicken wing chain posted earnings per share of $0.92 for the quarter ended Dec. 31, beating analysts’ average estimate of $0.89. Revenue came in at $161.8 million, below the consensus forecast of $165.13 million.
Wingstop forecasted global unit growth of 14% to 15% for fiscal year 2025 and expects low- to mid-single-digit growth in domestic same-store sales.
Selling, general, and administrative expenses for the reported quarter rose $3.2 million to $31.2 million, mainly due to increased headcount costs, while depreciation and amortization increased to $5.9 million from $3.6 million, driven by investments in the company's proprietary software platform, MyWingstop.
The company forecast SG&A expenses of around $140 million for 2025, including $4.5 million in system implementation costs. Stock-based compensation expense is expected to be about $26 million, while net interest expense is projected at around $46 million. Depreciation and amortization are estimated to range between $29 million and $30 million
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