On Thursday, Wingstop announced that its chief operating officer will step down in March.
The restaurant chain specializing in chicken wings informed the Securities and Exchange Commission that Laurence Kruguer would resign effective March 7. The departure is not due to any disagreement, the company indicated in its filing.
In early December, Goldman Sachs added the stock to its conviction-buy list, and boosted its estimate for same-store sales to 12.5%, up from prior forecast of 10%.