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Wingstop reports decline in US same-store sales and lowers annual guidance

The Motley Fool +1 · ·by G4L

WING
WING Wingstop Inc
$169.58 -4.18%
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  1. 1Wingstop recorded a 5.4% decrease in US same-store sales for the third quarter.
  2. 2Wingstop announced an annual US same-store sales decline guidance of 6.5% to 7.0%.
  3. 3CFO Alex Calidad completed the acquisition of 13 restaurants in the Tampa market during the third quarter.

So what's the key point?

Wingstop's US store sales decreased by 5.4 percent. Sales are expected to decrease further this year.

Source The Motley Fool +1 · View original ↗

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