Wingstop slides as chicken prices come home to roost

Wingstop shares dropped sharply after the company posted a mixed earnings report for the final three months of 2024.

Wingstop reported earnings per share of $0.92, compared to the $0.86 analysts polled by FactSet were expecting. But it also reported $161.8 million in sales — up from the $127.1 million it made in the same period in 2023, but lower than the $165 million analysts were expecting.

The company said results were hurt partly because of higher costs of bone-in chicken wings in the final quarter. The company has exploded in popularity since 2020, in part because it’s been able to keep its prices competitive as the cost of beef outpaces the price of chicken.

Still, Tuesday marks the second earnings report in a row that left investors unimpressed. The company is down more than 5% in the past year, compared with a broader stock market that has risen sharply.

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Nia Warfield

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Retailers prep for an October sales blitz ahead of a cutthroat holiday shopping season

Walmart, Amazon, and Target are leaning on early deal events, faster delivery, and price cuts to win over cash-strapped consumers.

Set of halftone hands holding gift boxes

Max Knoblauch9/24/25

Lucid rises following the delivery of its first Uber robotaxi (of 20,000) and a price target bump

One down, a minimum of 19,999 to go.

In a Wednesday morning post on X featuring some of the most royalty-free music you’ve ever heard, Lucid announced it’s delivered its first Gravity SUV earmarked for service as an Uber robotaxi next year. Shares of the company climbed 3%.

The vehicle is now with autonomous driving company Nuro, which will add software and test the SUV for road readiness.

The 20,000-vehicle agreement over six years is a hefty order for Lucid, which expects to build between 18,000 and 20,000 vehicles this year.

Lucid stock could also be seeing a boost from a price target hike by Cantor Fitzgerald on Wednesday, to $26 from $20. (Remember, though, that before a 1-for-10 reverse stock split at the beginning of this month, Cantor’s target had been the equivalent of $30.)

Lucid shares have now risen more than 40% from their all-time closing low of a split-adjusted $16.16 on September 4.

Hyunsoo Rim

thank you wmt, very cool!

9/24/25

Walmart will now offer same-day refrigerated prescription deliveries

In an industry first, customers can now get insulin, Ozempic, and other GLP-1s as part of their usual grocery delivery.

Tom Jones

ride or dine

9/24/25

Uber wants customers to bulk buy rides, restaurants to batch cook value meals

The company is already making more trips and deliveries than ever.

Nia Warfield9/23/25

Disney+ subscribers are getting (another) price hike next month

Disney’s streaming prices are going to infinity and beyond.

Starting October 21, Disney+ with ads will climb to $11.99 a month (from $9.99), while the ad-free Disney+ Premium plan will rise to $18.99 (from $15.99). Annual Premium subscriptions will now cost $189.99, up from $159.99. Disney shares were flat on the news.

Bundles are getting pricier too: the Disney+/Hulu (with ads) package will jump from $10.99 to $12.99, while the Disney+/Hulu/ESPN Select bundle will rise from $16.99 to $19.99. The ad-free version of that bundle will go from $26.99 to $29.99. Even legacy bundles that subscribers were allowed to keep will see hikes. For example: the Disney+ Premium/Hulu (with ads)/ESPN Select plan will now run $24.99 instead of $21.99.

After increasing prices four times in the past four years, Disney’s streaming unit finally became profitable last year. It’s yet another example of streaming services slowly raising prices and hoping consumers don’t notice or care enough to cancel.

Disney shares are up over 20% over the past 12 months.

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