BUZZ - Wingstop stock surges as its third-quarter profit exceeds expectations

October 28 - ** Restaurant chain brand Wingstop (WING.O) shares rose 9% in pre-market trading, quoted at $135.10

** The company reported adjusted third-quarter earnings per share of $1.08, higher than the expected $1.03 — LSEG data

** Quarterly revenue increased by 5.3% to $185.1 million, but failed to meet the expected $193.2 million due to continued pressure on consumer spending

** The company expects domestic same-store sales for the full year to decline by 6.5% to 7%, compared with the previous forecast of a 4% to 6% decline

** As of the close of the previous trading day, the stock had fallen 48.2% year-to-date

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