Wingstop Is Not Chipotle Mexican Grill Short Opportunity

News Snapshot:

Daniel Boczarski Introduction Stock of Wingstop Inc. (NASDAQ:WING) continues to defy all odds, seemingly climbing higher and higher with each passing day. The stock is up 77% YTD compared to the S&P 500's rise of 19%. That's a lot of alpha. WING reported Q3 2023 earnings on November 1, and the market responded favorably with an 8% post-earnings pop. The results were good with revenue and net income up 26% and 46% YoY, respectively. Also, same-store sales increased 15% over the same period. WING is operating from a low base, with quarterly revenue of $117 million and net income of...