WING — what changed in the latest 10-Q
A section-by-section comparison of WING's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-28 vs the prior 10-Q · 2026-07-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +10 | −10 | ~51 | 72 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-28
Company-owned restaurant sales increased $2.2 million, primarily due to the sixteen corporate stores opened or acquired since the comparable period in 2025, including the thirteen stores acquired during the thirteen weeks ended September 26, 2026, as previously disclosed.
Labor costs as a percentage of company-owned restaurant sales were 24.7% for the thirteen weeks ended September 26, 2026, compared to 23.1% in the comparable period in 2025. This increase as a percentage of company-owned restaurant sales was primarily due to the increase in headcount-related costs a…
Other restaurant operating expenses as a percentage of company-owned restaurant sales were 19.4% for the thirteen weeks ended September 26, 2026, compared to 17.9% for the comparable period in 2025. This increase as a percentage of company-owned restaurant sales was primarily due increased rent and …
During the thirteen weeks ended September 26, 2026, we recognized income tax expense of $10.9 million, yielding an effective tax rate of 27.3%, compared to an effective tax rate of 28.1% in the prior year period. The decrease in the effective tax rate was primarily due to a decrease in state income …
Thirty-Nine Weeks Ended September 26, 2026 compared to Thirty-Nine Weeks Ended September 27, 2025
Text removed vs the prior filing · source: 10-Q · 2026-07-29
Company-owned restaurant sales increased $1.7 million, driven by three additional corporate stores opened or acquired since the prior year period.
Labor costs as a percentage of company-owned restaurant sales were 22.7% for the thirteen weeks ended June 27, 2026, which was comparable to 22.9% for the thirteen weeks ended June 28, 2025.
Other restaurant operating expenses as a percentage of company-owned restaurant sales were 18.1% for the thirteen weeks ended June 27, 2026, which was comparable to 17.9% for the thirteen weeks ended June 28, 2025.
Investment income decreased by $0.2 million and was comparable to the prior year period.
During the thirteen weeks ended June 27, 2026, we recognized income tax expense of $13.4 million, yielding an effective tax rate of 29.9%, compared to an effective tax rate of 27.2% in the prior year period. The increase in the effective tax rate was primarily due to an increase in state income taxe…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice