Financial Press Releases

Press release year list 2017 2016 2015
11/6/17
Made-To-Order, Hand-Sauced and Tossed Wings, Fries and New Sides Now Available For Delivery Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that it is expanding delivery tests of its made-to-order, hand-sauced and tossed wings, fries and new sides in Chicago , following a successful trial in the Las Vegas market, earlier this year. On-demand restaurant delivery platform DoorDash , which was one of the partners in the Las Vegas test, will serve as Wingstop’s exclusive delivery partner in Chicago .
“Our successful delivery test in Las Vegas supports what we have been hearing from fans around the country, and seeing in the restaurant industry as a whole: today’s guests want to enjoy the food they crave, from the brands they love, in the most convenient way possible,” said Charlie Morrison, President and CEO of Wingstop. “We were extremely pleased with the results from our Las Vegas test and are ...
11/2/17
Wingstop Inc. (NASDAQ:WING) today reported fiscal third quarter financial results for the period ended September 30, 2017. Highlights for the Fiscal Third Quarter 2017 compared to the Fiscal Third Quarter 2016 System-wide sales increased 16.1% System-wide restaurant count increased 14.6% to 1,088 global locations Domestic same store sales increased 4.1% Total revenue increased 19.3% to $26.0 million Net income increased to $5.0 million , or $0.17 per diluted share*, compared to $2.8 million , or $0.09 per diluted share Adjusted EBITDA**, a non-GAAP measure, increased 25.2% to $10.4 million Adjusted net income**, a non-GAAP measure, increased 34.3% to $5.0 million * In the fiscal first quarter of 2017, the Company adopted Accounting Standards Update No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (ASU 2016-09), which required the Company to record excess tax benefits from equity-based compensation as a reduction to ...
10/16/17
Wingstop Inc. (NASDAQ:WING) today announced that it will host a conference call and webcast to discuss its third quarter 2017 financial results on Thursday, November 2, 2017 at 4:30 PM Eastern Time .
Hosting the conference call will be Charlie Morrison, Chairman and Chief Executive Officer, and Michael Skipworth, Chief Financial Officer. A press release with third quarter 2017 financial results will be issued that same day, shortly after the market closes. The conference call can be accessed live by dialing 201-689-8562. A replay will be available two hours after the call and can be accessed by dialing 412-317-6671; the passcode is 13669872. The replay will be available through Thursday, November 9, 2017 . 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’ section. About Wingstop Founded in 1994 and headquartered in Dallas, Texas, Wingstop Inc. ...
09/28/17
Company Set to Open 70+ Locations in France During Next 12 Years Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that it is extending its global reach by expanding into France . The Company has entered into a franchise agreement with a newly created entity under Brescia Investissement SAS. During the next 12 years, more than 70 restaurants will open across France with the first Wingstop set to open in Southern France by mid-2018.
Brescia Investissement SAS was founded by company president Francesco Brescia, a former longtime franchisee of McDonald’s, who developed multiple locations across Marseille and Southern France from 1986 to 2015. Together with general manager and son Stephane Brescia and their team, they are focused on bringing iconic American brands to France, and are enthusiastic about entering the fast-growing chicken category. “This is a very exciting project for us and our team,” said ...
08/23/17
Company Set to Open 110 Locations in Australia and New Zealand Over Next 10 Years   Wingstop Restaurants Inc. (NASDAQ: WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that it is extending its global reach by expanding into Australia and New Zealand . The Company entered into a franchise agreement with a newly created entity under John Bridgeman Limited . Over the next 10 years, 110 restaurants will open across Australia and New Zealand with the first Wingstop set to open in Brisbane during the first half of 2018. Leading the efforts on behalf of John Bridgeman Limited is managing director Stuart McAuliffe who specializes in identifying investment opportunities and providing extensive financial and management support. John Bridgeman Limited is also a master franchisee of American restaurant brand, Johnny Rockets. "This is a very exciting project for our food and beverage team," said Stuart McAuliffe managing director of John ...
08/3/17
Wingstop Inc. (NASDAQ:WING) today reported fiscal second quarter financial results for the period ended July 1, 2017. The Company also announced the initiation of a regular quarterly dividend, the appointment of Michael Skipworth as Chief Financial Officer, and raised annual earnings guidance for fiscal year 2017.
Highlights for the Fiscal Second Quarter 2017 compared to the Fiscal Second Quarter 2016 System-wide sales increased 14.1% System-wide restaurant count increased 15.5% to 1,056 worldwide locations Domestic same store sales increased 2.0% Total revenue increased 8.6% to $24.7 million Net income increased to $5.3 million , or $0.18 per diluted share*, compared to $4.1 million , or $0.14 per diluted share Adjusted EBITDA**, a non-GAAP measure, increased 18.0% to $9.8 million Adjusted net income**, a non-GAAP measure, increased 24.3% to $5.3 million * In the fiscal first quarter of 2017, the Company adopted Accounting Standards Update No. 2016-09, Compensation - Stock ...
07/18/17
Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning fast-casual concept with 1,031 locations worldwide, today announced that it has hired restaurant industry veteran Scott McLeod as Senior Vice President of Operations. Mr. McLeod will be responsible for overseeing the chain’s domestic corporate and franchise operations as well as training. He will report to Charlie Morrison , Chairman and CEO of Wingstop .
Mr. McLeod spent nearly 20 years with Domino’s Pizza and held a number of senior positions in the company. He most recently served as National Director of Operations and Development for a Domino’s United Kingdom franchise, overseeing the country’s more than £1B in annual sales. Under Mr. McLeod’s leadership, Domino’s successfully grew both its total sales and new store development to become the number one pizza chain in total market share in the United Kingdom. Prior to that, Mr. McLeod held senior domestic positions with Domino’s including leading the chain’s South and ...
07/6/17
Wingstop Inc. (NASDAQ:WING) today announced that it will host a conference call and webcast to discuss its second quarter 2017 financial results on Thursday, August 3 2017 at 4:30 PM Eastern Time .
Hosting the conference call will be Charlie Morrison, Chairman, President, and Chief Executive Officer, and Michael Skipworth, Interim Chief Financial Officer. A press release with second quarter 2017 financial results will be issued that same day, shortly after the market closes. The conference call can be accessed live by dialing 201-689-8562. A replay will be available two hours after the call and can be accessed by dialing 412-317-6671; the passcode is 13664594. The replay will be available through Thursday, August 10, 2017 . 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’ section. About Wingstop Founded in 1994 and headquartered in Dallas, Texas, ...
06/27/17
Stacy Peterson, current Wingstop Chief Information Officer, will serve in newly created CXO role Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with 1,031 locations worldwide, today announced that it has appointed Stacy Peterson to the newly created position of Chief Experience Officer (CXO). In this new role, Ms. Peterson, who has served as Wingstop’s Chief Information Officer since 2014, will be responsible for advancing all aspects of the guest experience. She will continue to report directly to Charlie Morrison , President and Chief Executive Officer.
“In our drive to become a top 10 worldwide restaurant brand, Wingstop is committed to delivering a world-class guest experience,” said Mr. Morrison. “Stacy’s leadership in the digital space has been a driving force for the Company, significantly enhancing how fans interact with our brand, including via social ordering on Facebook Messenger and Twitter and voice-activated ordering on Amazon Alexa. ...
05/31/17
Wingstop Inc. today announced its participation in the following June investor conferences:
Baird 2017 Global Consumer, Technology & Services Conference at the InterContinental New York Barclay in New York, NY. The presentation will be held on Wednesday, June 7th, 2017 at 12:50 PM ET. The event 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. Jefferies 2017 Consumer Conference in Nantucket, MA. The Company will hold investor meetings on Tuesday-Wednesday, June 20th-21st, 2017. About Wingstop Founded in 1994 and headquartered in Dallas, Texas, Wingstop Inc. (NASDAQ:WING) operates and franchises 1,031 restaurants across the United States, Mexico, 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 ...
05/10/17
Company Set to Open 100 Restaurants in United Kingdom Over 12 Years Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with 1,031 locations worldwide, today announced that it is extending its global reach by expanding into the European market. The Company entered into an international agreement with Lemon Pepper Holdings Ltd. (LPH), which is set to open 100 locations in the United Kingdom over the next 12 years with the first restaurant set to open by year’s end.
Rita Sharma OBE, founder and CEO of luxury travel empire Bestattravel.co.uk, will back the newly established LPH. Other partners involved on the board include Saul Lewin and Boris Kofman of V2 Leisure, which was involved in launching Novikov in the United Kingdom in 2011 and brokered many of London’s high profile restaurant openings, including Sumosan Twiga, Park Chinois, and most recently opened MNKY HSE in Mayfair; as well as Tom Grogan, co-founder of Lutti London, a privately owned real estate ...
05/4/17
System-wide net unit growth of 18.1% Diluted EPS of $0.22, an increase of 46.7% over prior year Wingstop Inc. (NASDAQ:WING) today announced fiscal first quarter financial results for the period ended April 1, 2017 and also updated annual guidance for fiscal year 2017. Highlights for the Fiscal First Quarter 2017 compared to the Fiscal First Quarter 2016 Total revenue increased 20.4% to $26.6 million System-wide restaurant count increased 18.1% to 1,031 worldwide locations Domestic same store sales declined 1.1% Net income increased to $6.5 million , or $0.22 per diluted share*, compared to $4.3 million , or $0.15 per diluted share Adjusted EBITDA**, a non-GAAP measure, increased 11.7% to $10.0 million Adjusted net income**, a non-GAAP measure, increased 42.8% to $6.5 million * In the first quarter of 2017, the Company adopted Accounting Standards Update No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (ASU 2016-09), ...
04/25/17
Company Continues to Expand Globally by Growing Brand Presence in Southeast Asia Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1000 locations worldwide, today announced that it has entered into an international expansion agreement with The Great Fundamentals Sdn . Bhd. to open 30 franchise locations in Malaysia over the next six years with the first restaurant set to open later in 2017.  Siswanto, lead managing partner for the local franchisee, has been a successful entrepreneur and operator within the local F&B (food and beverage) and entertainment sectors since 2001.
Prior to heading up The Great Fundamentals Sdn. Bhd., Siswanto created and led the AUM Hospitality (AUMH) group, which has various homegrown local brands such as The Library Coffee Bar, The South East and Ichiban - The Izakaya. AUMH also added the franchise rights for American brands Johnny Rockets and Quiznos, as well as Singapore-based brand Franco. Under Siswanto’s ...
04/20/17
Wingstop Inc. (NASDAQ:WING) today announced that it will host a conference call and webcast to discuss its first quarter 2017 financial results on Thursday, May 4 2017 at 4:30 PM Eastern Time .
Hosting the conference call will be Charlie Morrison, Chairman, President, and Chief Executive Officer, and Mike Mravle, Chief Financial Officer. A press release with first quarter 2017 financial results will be issued that same day, shortly after the market closes. The conference call can be accessed live by dialing 201-689-8562. A replay will be available two hours after the call and can be accessed by dialing 412-317-6671; the passcode is 13658658. The replay will be available through Thursday, May 11, 2017 . 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’ section. About Wingstop Founded in 1994 and headquartered in Dallas, Texas, Wingstop Inc. (NASDAQ:WING) ...
04/18/17
Wingstop Restaurants Inc. (NASDAQ:WING) announced today that it is testing delivery on its made-to-order, hand-sauced and tossed wings, fries and sides at select locations in the Las Vegas area. The Company will be evaluating delivery as a vehicle to augment its already highly successful business model. As part of the test, the company is utilizing multiple service providers.
“Restaurant delivery is evolving, and we believe that it is prudent to see what role it could have for Wingstop. We remain firmly committed to preserving the quality of our food and will carefully consider transit time and best methods by which Wingstop food travels from the restaurant to our fans,” commented Charlie Morrison, Chairman and CEO of Wingstop. “Many of our loyal Wingstop guests have been asking for delivery, and we need to take this opportunity to test delivery and determine what role it could play in our model. We will only do delivery if we can do right by our fans.” The test launched on ...
03/14/17
Wingstop Inc . (NASDAQ:WING), the award-winning wing concept with over 1,000 locations worldwide, today announced changes to its Board of Directors, including the appointment of Wingstop President and CEO Charlie Morrison to the additional role of Chairman of the Board.  As part of the transition, Lynn Crump-Caine , who was appointed to the Board in January, has been named Lead Independent Director, and Kilandigalu ( Kay) M. Madati , Executive Vice President and Chief Digital Officer at BET Networks, was appointed to the Board as a new independent Director. The newly created Lead Independent Director role will be filled by Lynn Crump-Caine.  Ms. Crump-Caine has considerable public company board experience from serving as a Director for G&K Services (Nasdaq:GK) and Krispy Kreme Doughnuts, Inc.  In her thirty-year career with McDonald’s Corporation, Ms. Crump-Caine held multiple executive roles, most recently serving as Executive Vice President of Worldwide Operations, where she led the ...
03/13/17
Wingstop (NASDAQ:WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that Madison Jobe has joined the Company as Chief Development Officer. Mr. Jobe will be based in Dallas, Texas and report directly to Charlie Morrison , Wingstop President and CEO.
Mr. Jobe is an experienced senior development and operations executive, who rejoins Wingstop CEO Charlie Morrison after the two had previously worked together at Rave Restaurant Group launching the successful Pie Five Pizza Co. concept.  Mr. Jobe has decades of experience with well-known brands such as Ruby Restaurant Group, Red Robin International, Rave Restaurant Group and most recently he was CEO/Founder & Principal of Development Strategies International, a restaurant advisory firm based in Dallas, TX. “We welcome Madison to the Wingstop team, and know his extensive experience in franchising and development strategy will be a key driver in our quest to become one of the 10 largest ...
03/6/17
The exotic, bold new flavor – with a twist of zesty citrus – is available for a limited time Wingstop (NASDAQ:WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced the launch of its newest, craveable wing flavor – Brazilian Citrus Pepper. The full-on flavor sensation is available now through May 28 at all U.S. Wingstop locations and is arguably the best combination of citrus and spice to ever hit a wing.
Brazilian Citrus Pepper wings are dusted in a bold dry rub bursting with zesty citrus and piri piri peppers. Compared to other well-known spices, the African-native piri piri (Swahili for “pepper, pepper”) is a staple in Brazilian cooking and delivers an impeccable slow-burn taste that packs a punch at the end of every bite. This flavor-first, spice-last profile promises a little something extra – and exotic – for wing fans craving some sweet heat with a citrus twist. “I’m officially going on record and saying that Brazilian Citrus ...
03/2/17
Announces Annual Guidance for Fiscal Year 2017 Wingstop Inc. (NASDAQ:WING) today announced fiscal fourth quarter and fiscal year 2016 financial results for the period ended December 31, 2016 and annual guidance for fiscal year 2017.
Highlights for the Fiscal Fourth Quarter 2016 compared to the Fiscal Fourth Quarter 2015 Total revenue increased 20.3% to $24.8 million System-wide restaurant count increased 18.1% to 998 worldwide locations Domestic same store sales increased 1.0% Net income increased to $4.3 million , or $0.15 per diluted share, compared to $3.8 million , or $0.13 per diluted share Adjusted EBITDA*, a non-GAAP measure, increased 27.1% to $10.0 million Adjusted net income*, a non-GAAP measure, increased 15.5% to $4.4 million Adjusted earnings per pro-forma diluted share*, a non-GAAP measure, increased 15.4% to $0.15 from the prior fiscal year Highlights for the Fiscal Year 2016 compared to the Fiscal Year 2015 Total revenue increased 17.2% to $91.4 million 153 net ...
02/9/17
Wingstop Inc. (NASDAQ:WING) today announced that it will host a conference call and webcast to discuss its fourth quarter and fiscal year 2016 financial results on Thursday, March 2, 2017 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 fourth quarter and fiscal year 2016 financial results will be issued that same day, shortly after the market closes. The conference call can be accessed live by dialing 201-689-8562.  A replay will be available two hours after the call and can be accessed by dialing 844-512-2921; the passcode is 13653650.  The replay will be available through Thursday, March 9, 2017 . 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’ section. About Wingstop Founded in 1994 and headquartered in Dallas, Texas, ...
01/26/17
1000th Restaurant Owned and Operated by Wingstop Franchisee and Music Mogul Rick Ross
Wingstop Restaurants, Inc. Donates $5,000 from Opening Day Proceeds to Hands on Atlanta Wingstop, Inc . (NASDAQ:WING), the award-winning wing concept, is today celebrating its rapid global growth with a major milestone: its 1,000 th restaurant is officially open for business in the Atlanta market. On January 26 th at 10:00 a.m. , the grand opening will kick off at 4920 Flat Shoals Parkway , Ste. 102 in Decatur, GA with a ribbon cutting ceremony led by Wingstop CEO Charlie Morrison , Boss Wings franchisees Tawanda and Tommie Roberts and Rick Ross , who own the 1,000 th location, and local dignitaries including Congressman Hank Johnson , City Councilman Kwanza Hall, DeKalb County Commissioner Larry Johnson , and DeKalb Chamber president and CEO Katerina Taylor . Representatives from local nonprofit Hands on Atlanta will also be in attendance to accept a $5,000 donation from Wingstop Restaurants, ...
01/10/17
Fans Can Now Place Customized Orders from Wingstop’s Menu of Wings and Sides with a Single Voice Prompt Wingstop, Inc . (NASDAQ:WING), the award-winning wing concept with more than 900 locations worldwide, today became the first restaurant brand to offer voice-activated ordering with menu item customization through Amazon Alexa.  Starting today, wing fans can now feed their craving for flavor by speaking simple command prompts that will activate Amazon’s cloud-based voice service, Alexa, to place a new order, re-order from favorite and recent orders, process payment and provide estimated pick-up times.
“Wingstop is digitally driven and the launch of voice-activated ordering is the next step in our commitment to providing the most convenient, engaging, and cutting edge brand experience for our fans,” said Stacy Peterson, CIO of Wingstop. “We are proud to be working with Amazon to enable Alexa ordering of Wingstop Combos, as well as re-orders and favorite orders, plus the ability ...
01/5/17
Wingstop Inc. (“Wingstop” or the “Company”) today announced that it will present at the 19th Annual ICR Conference at the JW Marriott Orlando Grande Lakes in Orlando, FL.
The Company will host investor meetings from Monday, January 9th through Wednesday, January 11th and webcast its presentation beginning at 10:30 PM ET on Tuesday, January 10th, 2017. 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 949 restaurants across the United States, Mexico, Singapore, the Philippines, Indonesia, and the United Arab Emirates. Having grown its domestic same store sales for 12 consecutive years, the Company has been ranked #3 on the “Top 100 Fastest Growing Restaurant Chains” by Nation’s Restaurant News (2016), #7 on the “Top 40 Fast Casual Chains” ...
01/3/17
Experienced Public Company Director and Former McDonald’s Global Executive Lynn Crump-Caine Joins Wingstop Board of Directors Wingstop Inc . (NASDAQ:WING), the award-winning wing concept with more than 900 locations worldwide, today announced the appointment of seasoned public company director and former McDonald’s executive Lynn Crump-Caine to its board of directors. In her thirty-year career with McDonald’s Corporation, Ms. Crump-Caine held multiple executive roles, most recently serving as Executive Vice President of Worldwide Operations, where she lead the development of McDonalds real estate growth strategy, global supply chain, standards, and systems for over 31,000 restaurants, worldwide.  Since leaving McDonald’s, Ms. Crump-Caine gained considerable public company board experience serving as an Independent Director for G&K Services (Nasdaq:GK) and Krispy Kreme Doughnuts, Inc.
Lynn Crump-Caine A photo accompanying this announcement is available at ...