Wingstop Pops on Results Beat as Smart Kitchens Lift Visits

Wingstop Inc. shares rose as much as 20% Wednesday after the company reported better-than-expected results, easing fears of a marked slowdown at the chicken chain.

Adjusted earnings per share of $1 beat analysts’ estimates 83 cents while domestic same-store sales for the fourth quarter fell 5.8%, a smaller drop than analysts’ expectations of 6.7%, Wingstop said in a statement Wednesday.