Financial Press Releases

Press release year list 2018 2017 2016 2015
12/15/15
Announcement Marks Largest Area Development Agreement to Date for Wingstop, Pushing Its Expansion Further Up the East Coast DALLAS, Dec. 15, 2015 (GLOBE NEWSWIRE) - Wingstop Inc. (NASDAQ: WING ), the award-winning wing concept with more than 800 locations across the globe, today announced a 35 unit development agreement with Sizzling Platter, a Utah-based restaurant management company with more than 340 restaurant units globally. This development agreement will allow Wingstop to further expand its national footprint along the East Coast, with new restaurants planned for Washington, D.C. and Virginia, in addition to Salt Lake City, Utah. “Wingstop is excited to be partnering with an industry leading operator that has the size and the scale to significantly grow our brand presence on the East Coast,” said Charlie Morrison, President and CEO of Wingstop. “This is a unique agreement for our Company, as we typically focus on smaller agreements to drive expansion. Sizzling Platter is a ...
11/30/15
Wingstop Inc. ("Wingstop" or the "Company") today announced that it will participate at the Barclays Eat, Sleep, Play – It's All Discretionary Conference . The conference is being held at Barclays headquarters in New York City . The Company will hold investor meetings on Tuesday, December 8th and webcast its presentation beginning at 9:45 AM ET. The presentation will be webcast live and later archived on the investor relations section of Wingstop's corporate website at ir.wingstop.com under the 'News & Events' section. About Wingstop Founded in 1994 and headquartered in Dallas, Texas, Wingstop Inc. (Nasdaq:WING) operates and franchises more than 800 restaurants across the United States, Mexico, Russia, Singapore, the Philippines, Indonesia, and the United Arab Emirates. The Wing Experts menu features classic and boneless wings with 11 bold, distinctive flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, Hickory Smoked BBQ, Louisiana ...
11/5/15
Raises Annual Guidance for Fiscal Year 2015 Wingstop Inc. (NASDAQ:WING) today announced fiscal third quarter 2015 financial results for the period ended September 26, 2015 and also provided updated guidance for fiscal year 2015. Highlights for the fiscal third quarter 2015 compared to the fiscal third quarter 2014: System-wide restaurant count increased 19.0% to 807 worldwide locations Domestic same store sales increased 6.3% Total revenue increased 16.5% to $19.1 million Net income was $3.2 million , or $0.11 per diluted share, compared to $2.0 million , or $0.08 per diluted share Adjusted EBITDA*, a non-GAAP measure, increased 14.1% to $6.5 million Adjusted net income*, a non-GAAP measure, increased 25.2% to $3.2 million Adjusted earnings per pro-forma diluted shares*, a non-GAAP measure, was $0.11 , an increase of 22.2% from the prior year * Adjusted EBITDA, adjusted net income and adjusted earnings per pro-forma diluted shares are non-GAAP measures. Reconciliations of adjusted ...
10/12/15
Wingstop Inc. (NASDAQ:WING) today announced that it will host a conference call and webcast to discuss its third quarter 2015 financial results on Thursday, November 5, 2015 at 5:00 PM Eastern Time . Hosting the conference call will be Charlie Morrison, President and Chief Executive Officer, and Mike Mravle, Chief Financial Officer. A press release with third quarter 2015 financial results will be issued that same day, shortly after the market closes. The conference call can be accessed live by dialing 855-327-6837 or for international callers by dialing 631-982-4565. A replay will be available two hours after the call and can be accessed by dialing 877-870-5176 or for international callers by dialing 858-384-5517; the passcode is 116117. The replay will be available through Thursday, November 12, 2015 . The conference call will also be webcast live and later archived on the investor relations section of Wingstop's corporate website at ir.wingstop.com under the 'News & Events' ...
10/1/15
Wingstop Serves Flavor and Brings Goodwill to Deserving Communities Across the Country Wingstop Inc . (NASDAQ:WING), the award-winning wing concept with more than 800 locations around the globe, has been recognized by the International Franchise Association (IFA) as a recipient of the Franchising Gives Back Annual Awards. Wingstop was selected as a silver winner in the Innovation and Impact category for its successful Wingstop Flavor Tour (#WingstopTour) which visited 10 cities across the country over the course of the summer, fueled by a mission of giving back to communities. The IFA is the world's oldest and largest organization representing franchising worldwide. Franchising Gives Back recognizes companies who are giving back in order to move communities forward while inspiring their peers to do the same. Furthermore, the Innovation and Impact category of this award recognizes an IFA member whose charitable or community support program focuses on using creative, innovative ways to ...
09/28/15
The Wing Experts Continue on Growth Path Across the Country Wingstop Inc. (NASDAQ:WING), the award-winning wing concept, is pleased to celebrate the opening of its 800 th restaurant, which opened its doors earlier this month in Newark , New Jersey . "Our 800th opening is an exciting milestone for us and is a testament to the appeal of our brand and the hard work put in daily by all of our franchisees and team members," commented Charlie Morrison, President and Chief Executive Officer of Wingstop. "We are thrilled to serve flavor across more than 800 locations today, and continue to believe there is opportunity to expand to 2,500 locations across the United States alone." Wingstop first opened its doors in 1994 in Dallas, Texas and plans to add 120 to 130 new franchise stores in 2015. With a sole focus on cooked-to-order chicken, the Wingstop menu features traditional and boneless wings as well as chicken tenders all sauced and tossed in 11 original flavors including fan favorites ...
09/1/15
Asian-Inspired Sauce Available for a Limited Time Only Wingstop, Inc . (NASDAQ:WING), the award-winning wing concept with 785 locations around the globe, today announced it is now saucing and tossing a new, craveable wing flavor: Spicy Korean Q, or #SKQ on social media. Wingstop's New Spicy Korean Q A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=35704 This Asian-inspired sauce features a kick of spicy and enticing sweetness flavored with honey, ginger and garlic. It is accented with sriracha chile sauce and crushed red pepper to add a touch of heat. "Spicy Korean Q is the newest addition to our flavor line up and it's the perfect combination of spicy and sweet," commented Flynn Dekker, Chief Marketing Officer of Wingstop. "We've developed several limited time flavors in my day, but I think this one is going to be my all-time favorite. It's like nothing else on our menu." To support the launch of Spicy Korean Q, Wingstop is unveiling ...
08/25/15
Wingstop Fans Voted to Bring the Final Stop of the #WingstopTour to San Antonio, Texas Wingstop Inc. (NASDAQ:WING), the award-winning wing concept with 785 locations around the globe, is spreading goodwill and feeding thousands of children this summer as they tour the United States with their Wingstop on Wheels food truck. Now, Wingstop is bringing the #WingstopTour to the city of San Antonio for the grand finale. Photos accompanying this release are available at http://www.globenewswire.com/newsroom/prs/?pkgid=35529 http://www.globenewswire.com/newsroom/prs/?pkgid=35530 http://www.globenewswire.com/newsroom/prs/?pkgid=35532 In June, the company kicked off the inaugural Wingstop Flavor Tour. The plan was to travel coast-to-coast in order to assist underserved youth and families with issues such as hunger prevention and safe summer programming by building and rehabbing playgrounds, community basketball courts and serving free food off their new food truck. With a desire to inspire ...
08/6/15
Issues Annual Guidance for Fiscal Year 2015 Wingstop Inc. (NASDAQ:WING) today announced fiscal second quarter 2015 financial results for the period ended June 27, 2015 and also issued annual guidance for fiscal year 2015. Highlights for the fiscal second quarter 2015 compared to the fiscal second quarter 2014: System-wide restaurant count increased 19.5% to 785, with 40 net franchised restaurant openings in the quarter Domestic same store sales increased 9.0% Total revenue increased 18.0% to $19.2 million Net income was $584,000 , or $0.02 per diluted share, compared to $2.5 million , or $0.10 per diluted share Adjusted EBITDA*, a non-GAAP measure, increased 18.6% to $7.2 million Adjusted net income*, a non-GAAP measure, increased 19.6% to $3.2 million Adjusted earnings per pro-forma diluted shares*, a non-GAAP measure, was $0.11 , an increase of 10.0% from the prior year * Adjusted EBITDA, adjusted net income and adjusted earnings per pro-forma diluted shares are non-GAAP measures. ...
07/20/15
Wingstop Inc. (NASDAQ:WING) today announced that it will host a conference call and webcast to discuss its second quarter 2015 financial results on Thursday, August 6, 2015 at 5:00 PM Eastern Time . Hosting the conference call will be Charles Morrison, President and Chief Executive Officer, and Michael Mravle, Chief Financial Officer. A press release with second quarter 2015 financial results will be issued that same day, shortly after the market closes. The conference call can be accessed live by dialing 855-327-6837 or for international callers by dialing 631-982-4565.  A replay will be available two hours after the call and can be accessed by dialing 877-870-5176 or for international callers by dialing 858-384-5517; the passcode is 115255.  The replay will be available through Thursday, August 13, 2015 . The conference call will also be webcast live and later archived on the investor relations section of Wingtop's corporate website at ir.wingstop.com under the 'News & Events' ...
07/20/15
Voting is Now Open at www.wingstoptour.com Where Fans Can Cast Their Vote to Decide Where the #WingstopTour Will Make Its Final Stop Wingstop Inc. (NASDAQ:WING), the award-winning wing concept with 745 locations around the globe, is touring the United States this summer with the #WingstopTour. Led by Wingstop on Wheels, the company's new food truck, the mission of the tour is to serve flavor and bring goodwill to the communities that have embraced the craveable brand. In ten cities across the country, Wingstop has been working with local NBA teams and charities to give back through community renewal projects and charity events. The tour kicked off in Brooklyn on June 22 where Wingstop partnered with the Brooklyn Nets to build a new playground for Children of Promise, NYC. Now underway, the tour has experienced great success by feeding thousands of individuals and supporting several charitable organizations in cities such as Atlanta, Chicago and St. Louis. Now, it's time for Wingstop ...
07/14/15
Appointment Positions Company for Continued International Expansion Wingstop Inc. (NASDAQ:WING) today announced that it has named Larry D. Kruguer as its new President of International. Kruguer will have responsibility for growing and developing key international markets for Wingstop and will report directly to President and Chief Executive Officer Charlie Morrison . As of the end of the first quarter 2015, Wingstop operated 45 franchised restaurants in six countries outside of its core U.S. market with franchisees in Latin America, Southeast Asia and the Middle East. The company has commitments for an additional 310 international locations. "As a seasoned executive with over 25 years of global experience across consumer companies including major restaurant corporations, Larry's extensive background in international markets and franchise leadership will be instrumental in helping Wingstop grow its global presence," commented Charlie Morrison , Wingstop President and CEO. "His broad ...
06/17/15
Wingstop Inc. (Nasdaq:WING), the award-winning wing concept with more than 750 locations around the globe, today announced it is embarking on a Flavor Tour across the United States this summer, including festive stops for fans in 10 cities. Guided by the brand's mission to serve the world flavor, Wingstop is proud to spread goodwill through community renewal projects, such as the rehabbing of playgrounds and community basketball courts, in partnership with local NBA teams in four select cities. Wingstop will also be donating time and support to local community charities in several cities along the way. The Wingstop Flavor Tour is led by Wingstop on Wheels, the company's new food truck, which will be giving away FREE craveable, sauced-and-tossed wings, among other Wingstop fan freebies, at every stop across the country. "We are very excited to kick off the Wingstop Flavor Tour where our goal is to inspire communities and underprivileged children while leaving a trail of flavor in our ...
06/11/15
DALLAS, June 11, 2015 (GLOBE NEWSWIRE) - Wingstop Inc. ("Wingstop") today announced the pricing of its initial public offering of 5,800,000 shares of its common stock at a price to the public of $19.00 per share. Wingstop is offering 2,150,000 shares of common stock and selling stockholders are offering 3,650,000 shares of common stock. The underwriters for the offering will also have a 30-day option to purchase up to an additional 870,000 shares of Wingstop common stock from one of the selling stockholders at the initial public offering price, less the underwriting discount. Wingstop common stock is expected to begin trading on The Nasdaq Global Select Market on June 12, 2015 under the symbol "WING". Morgan Stanley, Jefferies, and Baird are acting as lead joint book-running managers for the proposed offering. Barclays, Goldman, Sachs & Co., and Wells Fargo Securities are acting as book-running managers for the proposed offering. The offering is expected to close on June 17, 2015, ...
05/6/15
Dallas,TX. – Wingstop Inc. ("Wingstop" or the "Company") today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The proposed public offering is expected to consist of common stock offered by Wingstop and selling stockholders. The Company will not receive any of the proceeds from the sale of shares being sold by the selling stockholders in this proposed offering. The number of shares to be sold and the price range for the proposed offering have not yet been determined. Wingstop Inc. has applied to list its common stock on The NASDAQ Global Select Market under the ticker symbol "WING". Morgan Stanley, Jefferies, and Baird are acting as lead joint book-running managers for the proposed offering. Barclays, Goldman, Sachs & Co., and Wells Fargo Securities are acting as book-running managers for the proposed offering. The offering will be made only by means of a ...