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News  ›  The Motley Fool

Darsana Capital Opens New $189 Million Wingstop Position: Is the Stock a Buy?

The Motley Fool Logo The Motley Fool By Josh Kohn-Lindquist
Darsana Capital Opens New $189 Million Wingstop Position: Is the Stock a Buy?

Darsana Capital initiated a new $189 million stake in Wingstop, purchasing 750,000 shares representing 4.45% of their portfolio. Despite recent same-store sales declines, the investment suggests potential long-term growth in the restaurant chain.

Insights
WING   neutral

Stock has experienced a 29% decline over the past year, but shows long-term growth potential with plans to quadruple store count and consistent historical sales performance