Fast-food chain Wingstop (NASDAQ:WING) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 17.4% year on year to $171.1 million. Its non-GAAP profit of $0.99 per share was 14.7% above analysts’ consensus estimates.
Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth to reaccelerate later this year.
It also proposed ending taxpayer handouts to electric vehicle and battery makers and canceling the Carbon Dioxide Transportation Infrastructure Finance and Innovation Act.
