Wingstop Inc (NASDAQ:WING) shares are trading lower, after initially trading higher on Wednesday following better-than-expected second-quarter FY24 earnings results. The company reported second-quarter FY24 sales growth of 45.3% year-on-year to $155.7 million, beating the analyst consensus estimate of $144.012 million. System-wide sales increased 45.2% Y/Y to $1.2 billion, Domestic same-store sales increased 28.7% versus last year, and Digital sales jumped to 68.3% of system-wide sales. Domestic restaurant AUVs increased to $2 million. Revenue from royalty, franchise fees, and others rose 48.3% Y/Y, Advertising fee revenue increased 49.3%, and company-owned restaurant sales grew 32.3%. Total costs and expenses expanded 41.8% Y/Y to $114.5 million. The operating ...