Wingstop Shares Soar on Robust Q2 Performance, Higher Growth Projections
1. WING shares soared 25% following strong Q2 earnings report. 2. Adjusted EPS was $1.00, exceeding analyst expectations. 3. Global unit growth outlook raised from 16-17% to 17-18%. 4. Systemwide sales of $1.34 billion surpassed estimates. 5. Bank of America increased WING's price target to $430.