Wingstop falls on forecast of annual same store sales decline

Shares of restaurant chain Wingstop WING.O fall ~9% to $205.53 premarket

Co revises 2025 same store sales to decline by 3% to 4%, compared with approximately 1% rise expected previously

Q3 domestic same store sales fell 5.6%, compared with decrease of 1.9% in Q2

Q3 adjusted earnings per share $1.09, compared to analysts' estimate of 93 cents per share, according to LSEG data

Fast food chains have struggled with weak demand, with traffic expected to fall further in the back half of the year

21 of 29 brokerages rate stock "buy" or higher and 8 "hold"; their median PT is $357.5

Up to last close, stock down 24.68% YTD