Wingstop

Wingstop, Inc. is a franchisor and operator of restaurants, which engages in the provision of cooked-to-order, hand-sauced, and tossed chicken wings. It operates through Franchise and Company segments. The Franchise segment consists of domestic and international franchise restaurants. The Company segment comprises company-owned restaurants. The company was founded in 1994 and is headquartered in Addison, TX.

Earnings data Q1 2021

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Wingstop reports stellar 2022 performance, eyes global expansion opportunities

Wingstop's strong financial performance and growth trajectory position the company for continued success in 2023 and beyond.
While facing challenges in cost management and potential volatility, Wingstop's strategic initiatives and focus on customer engagement present opportunities for sustained growth.
The company's commitment to innovation, community involvement, and brand building underscores its resilience and potential for long-term value creation.

Wingstop reports stellar Q1 growth, eyes international expansion opportunities

Wingstop's Q1 2023 performance reflects robust growth driven by transactional success and strategic initiatives, positioning the company for sustained success.
While facing challenges in cost management and strategic investments, Wingstop's focus on profitability, brand strength, and market expansion presents significant opportunities.
With a strong financial performance, customer base diversification, and international growth prospects, Wingstop is poised for continued success and market leadership.

Wingstop reports stellar Q2 results, eyes global expansion opportunities

Wingstop's Q2 2023 showcased robust performance with strong sales growth, driven by strategic initiatives and digital transformation.
The company's focus on brand innovation, delivery expansion, and data-driven marketing is positioning it for sustained growth.
Despite challenges and macroeconomic uncertainties, Wingstop is optimistic about its long-term growth trajectory and international expansion.

Wingstop reports stellar Q3 results, eyes tech innovation for growth

Wingstop's Q3 performance reflects industry leadership with strong sales growth and digital innovation, positioning the company for sustained success and growth.
The company's strengths lie in operational excellence, digital sales growth, and effective marketing strategies, supported by strong unit economics and shareholder returns.
Challenges in maintaining growth momentum, managing costs, and strategic pricing require attention, while opportunities in tech innovation, market expansion, and brand enhancement are key for future success.
Overall, Wingstop's strategic focus on growth, innovation, and customer engagement sets a positive trajectory for continued success and market leadership in the future.

Wingstop achieves record results, eyes digital growth and global expansion

Wingstop's Q4 2023 performance reflects robust growth, driven by strong same-store sales, new restaurant openings, and digital sales milestones.
The company's strengths lie in its solid unit economics, brand loyalty, and operational efficiency, positioning it for sustained success.
While facing challenges such as cost pressures and performance variations, Wingstop is actively pursuing opportunities in digital innovation, global expansion, and pricing strategies.

Wingstop excels in Q1, eyes global expansion amid challenges

Wingstop's Q1 2024 earnings call highlighted exceptional performance, with strong same-store sales growth, revenue increase, and strategic investments in technology and advertising partnerships.
While facing macroeconomic uncertainties and global challenges, the company remains confident in its growth prospects, focusing on operational excellence and shareholder value.
The outlook for Wingstop is optimistic, with opportunities in expanding AUVs, international markets, and new franchise deals, positioning the company for sustained success and brand growth.

Wingstop soars in Q2 with record sales and digital dominance

Wingstop's Q2 performance reflects robust growth driven by strategic initiatives and digital sales dominance. The company faces challenges in sustaining momentum and staying competitive but has ample opportunities for expansion and shareholder value enhancement.

Wingstop excels in Q3 with record sales and strategic partnerships

Wingstop's Q3 performance reflects robust growth across key metrics, demonstrating operational excellence and market leadership.
While facing challenges in sustaining high growth rates and managing rapid expansion, the company's strengths in brand loyalty and cost management position it well for the future.
Strategic partnerships and technological advancements present promising opportunities for continued growth and market differentiation in the competitive restaurant industry.

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Wingstop, Inc. is a franchisor and operator of restaurants, which engages in the provision of cooked-to-order, hand-sauced, and tossed chicken wings. The company was founded in 1994 and is headquartered in Dallas, TX.

Wingstop Inc. (NASDAQ:WING ) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Susana Arevalo - Susana Arevalo, Vice President of FP&A and Investor Relations Michael Skipworth - President and Chief Executive Officer Alex Kaleida - Senior Vice President and Chief Financial Officer Conference Call Participants David Tarantino - Baird Jeffrey Bernstein - Barclays Andrew Charles - Cowen and Company John Glass - Morgan Stanley Andy Barish - Jefferies Chris O'Cull - Stifel Jon Tower - Citi Jeff Farmer - Gordon Haskett Michael Tamas - Oppenheimer & Company Nick Setyan - Wedbush Securities Brian Mullan - Deutsche Bank Chris Carril - RBC Capital Markets Jared Garber - Goldman Sachs Brian Vaccaro - Raymond James Peter Saleh - BTIG Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear.

Wingstop Inc.'s (WING) CEO Michael Skipworth on Q1 2022 Results - Earnings Call Transcript

Wingstop Inc (NASDAQ: WING) reported first-quarter FY22 sales growth of 7.8% year-on-year to $76.21 million, missing the consensus of $85.59 million. System-wide sales increased 12.7% Y/Y to $630 million.

Wingstop Q1 Earnings Miss Estimates; Forecasts FY22 EPS Above Street View

Wingstop (WING) delivered earnings and revenue surprises of -5.56% and 10.97%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Wingstop (WING) Q1 Earnings and Revenues Miss Estimates

Wingstop Inc. WING, -1.62% shares sank 6.4% in Wednesday premarket trading after it reported first-quarter profit and revenue that missed expectations. The chicken wing chain posted net income totaling $8.7 million, or 29 cents per share, down from $13.2 million, or 44 cents per share, last year.

Wingstop shares slump after profit and revenue misses

Expecting meaningful commodity deflation, raising full year unit guidance to 220+ DALLAS , May 4, 2022 /PRNewswire/ -- Wingstop Inc. ("Wingstop" or the "Company") (NASDAQ: WING) today announced financial results for the fiscal first quarter ended March 26, 2022. Highlights for the fiscal first quarter 2022 compared to the fiscal first quarter 2021: System-wide sales increased 12.7% to $630.0 million 60 net new openings in the fiscal first quarter 2022, an increase of 13.4% Domestic same-store sales increased 1.2% Three-year domestic same-store sales increased 31.8% Domestic restaurant AUV increased to $1.6 million Digital sales were 62.3% of sales, comparable to the prior fiscal first quarter Total revenue increased 7.8% to $76.2 million Net income of $8.7 million, or $0.29 per diluted share, compared to net income of $13.2 million, or $0.44 per diluted share in the prior fiscal first quarter.

Wingstop Inc. Reports Fiscal First Quarter Financial Results

Wingstop (WING) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Wingstop (WING) to Report a Decline in Earnings: What to Look Out for

DALLAS , April 27, 2022 /PRNewswire/ -- Today, Wingstop Inc. (NASDAQ: WING) announced an expanded development agreement in Indonesia with its current brand partner, doubling its commitment from 60 to 120 restaurants by 2028. This new agreement highlights the proven portability of Wingstop across the globe and is expected to accelerate its pace of openings for the market.

Wingstop Plans to Double Its Restaurant Count in Indonesia with New Development Agreement

With this launch, Wingstop is tapping into a massive marketing trend as the legalization of cannabis continues to grow throughout the U.S.

Wingstop Taps Into The Popularity Of Marijuana For Its Latest Promotion

The brand honors cannabis-loving fans, launching flavor to accentuate any buzz with smoky, herbal flavors available starting April 18 DALLAS , April 14, 2022 /PRNewswire/ -- Let's be blunt: Wingstop Inc. (Nasdaq: WING) knows their wings are the ultimate munchies and that 4/20 is a sacred holiday for their guests. So, in celebration of the most chill day of the year, the wing joint is honoring their cannabis-loving fans with a limited-edition, 4/20-inspired flavor called Blazed & Glazed, available starting on April 18 in restaurants nationwide.

Wingstop Introduces Limited-Time 4/20-Inspired Flavor, Blazed & Glazed

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These charts suggest it is well on its way.

Could Wingstop Be the Next Domino's Pizza?

Bulls will want to steer clear of an overvalued WING until the situation shows major signs of improvement.

Bear of the Day: Wingstop Inc. (WING)

DALLAS , March 28, 2022 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal first quarter 2022 financial results on Wednesday, May 4, 2022. The company also announced that it will host an investor day on Tuesday, May 17, 2022.

Wingstop Inc. to Announce Fiscal First Quarter 2022 Financial Results on May 4, 2022, and Host Investor Day on May 17, 2022

Better days are coming for Wingstop Inc (NASDAQ: WING) shareholders, says a Wedbush analyst who added the restaurant company to his list of “Best Ideas” on Wednesday.   Nick Setyan assigns a $165 price target to Wingstop Nick Setyan rates WING at “outperform” with a price target of $165 a share that represents a 45% […] The post Wedbush: buy this restaurant stock ‘that will see cost deflation in 2022' appeared first on Invezz.

Wedbush: buy this restaurant stock ‘that will see cost deflation in 2022'

The company is funding its $4 special cash dividend with a new loan as its CEO heads for the exit.

Is Wingstop's Special Cash Dividend a Mistake?

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Investing Club: What Cramer is watching Friday — Qualcomm 'mis-valued,' no guidance at GameStop, Wingstop's double downgrade

The shares of Wingstop Inc (NASDAQ:WING) are down 4.2% this morning at $116.01 ahead of the open, after a double downgrade by Piper Sandler.

Wingstop Stock Plunges After Double Downgrade

LONDON, March 17, 2022 /PRNewswire/ -- Wingstop (NASDAQ: WING), the award-winning wing concept with more than 1,700 locations worldwide, today announced its expansion into Spain with the imminent opening of four ghost kitchens in Madrid. The kitchens – the first two of which will open on 31st March 2022 in Madrid – were brought to market in partnership with a kitchen logistics partner to jumpstart Wingstop's presence in Spain.

Wingstop Enters Spain as Part of Wider International Expansion Plans

Wingstop Inc (NASDAQ: WING) shares are trading lower in Monday's after-hours session after the company's CEO, Charlie Morrison, stepped down. Wingstop president and COO Michael Skipworth has been named Morrison's successor, effective March 13.

Why Wingstop Shares Are Sliding After Hours

Restaurant chain Wingstop Inc. WING, -5.00% named President and Chief Operating Officer Michael Skipworth as its chief executive.

Dow Jones Newswires: Wingstop names Michael Skipworth as its new CEO

Lead Independent Director Lynn Crump-Caine to now also serve as Chair of the Board of Directors DALLAS, March 14, 2022 /PRNewswire/ -- Wingstop (NASDAQ: WING) today announced the resignation of its Chairman and Chief Executive Officer Charlie Morrison and the appointment of President and Chief Operating Officer Michael Skipworth as successor Chief Executive Officer, effective March 13, 2022. Charlie resigned from the company to become CEO of Salad And Go, where he serves on the Board of Directors.

Wingstop Announces Resignation of Chairman and CEO Charlie Morrison, Board Appoints President and COO Michael Skipworth as Successor

DALLAS , March 10, 2022 /PRNewswire/ -- Wingstop Inc. ("Wingstop" or the "Company") (NASDAQ: WING), completed a securitized financing transaction on March 9, 2022, which included the issuance of a new series of $250 million of securitized notes (the "Notes"). The Series 2022-1 Class A-2 Senior Secured Notes are subject to 1% annual amortization, bear interest at a rate of 3.734% per annum, and have an anticipated repayment date of March 2029.

Wingstop Inc. Completes $250 Million Securitization Transaction and Declares Special Dividend of $4.00 Per Share

DALLAS, March 10, 2022 /PRNewswire/ -- People go crazy over Wingstop Inc.'s (Nasdaq: WING) ranch. As a common topic on social, fans speculate about its ingredients, want to drink it and have gone as far to say they'd give their kidney for a lifetime supply.

Wingstop Drops Free Ranch and Reveals Secret Menu Hack in Honor of National Ranch Day

DALLAS, March 9, 2022 /PRNewswire/ -- Wingstop Inc. (Nasdaq: WING) is a natural choice for fueling hours of basketball viewing so, for this year's tournament, the brand is making flavor more accessible to fans nationwide with a free delivery promotion and bundle offer. But Wingstop realizes there's more on the table.

Wingstop Announces 11 NIL Partnerships, Giving Women the Spotlight and Bringing Free Delivery to Fans

The trademark application covers "downloadable virtual goods," including NFTs and virtual food and drink.

News for Wingstop Stock (WING)