Wingstop jumps on annual growth forecast raise, quarterly results beat

Shares of restaurant chain Wingstop WING.O rise 13.9% to $330.51 in premarket trade

Co raised its annual forecast for global unit growth rate range to 17% to 18%, from prior range 16% to 17%

WING reports Q2 revenue of $174.3 million, above estimates of $173.4 million, while adjusted EPS of $1 beat expectations of 87 cents - data compiled by LSEG

Co says an increase in royalty revenue, franchise fees and advertising fees, as well as an increase in transactions at its outlets, aided the quarterly results

Up to last close, stock has risen 2.2% YTD