Financial Press Releases

Press release year list 2018 2017 2016 2015
08/2/18
DALLAS, Aug. 02, 2018 (GLOBE NEWSWIRE) - Wingstop Inc. (NASDAQ: WING) today announced fiscal second quarter financial results for the period ended June 30, 2018. Highlights for the Fiscal Second Quarter 2018 compared to the Fiscal Second Quarter 2017*: System-wide sales increased 13.5% to $304.9 million System-wide restaurant count increased 12.5% to 1,188 global locations System-wide domestic same store sales increased 4.3% Total revenue increased 17.3% to $37.0 million Net income increased 39.4% to $6.8 million, or $0.23 per diluted share, compared to $4.9 million, or $0.17 per diluted share Adjusted EBITDA**, a non-GAAP measure, increased 27.1% to $11.7 million * In the first quarter of 2018, the Company adopted Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606), which changed the timing of recognition of initial franchise fees, development fees, territory fees for our international business and renewal and transfer fees, as well as the ...
07/12/18
DALLAS, July 12, 2018 (GLOBE NEWSWIRE) - Wingstop Inc. (NASDAQ:WING) (the “Company” or “Wingstop”) today announced that it will host a conference call and webcast to discuss its second quarter 2018 financial results on Thursday, August 2, 2018 at 4:30 PM Eastern Time.
Hosting the conference call will be Charlie Morrison, Chairman and Chief Executive Officer, and Michael Skipworth, Executive Vice President and Chief Financial Officer. A press release with second quarter 2018 financial results will be issued that same day, shortly after the market closes. The conference call can be accessed live by dialing 604-235-2082. A replay will be available two hours after the call and can be accessed by dialing 412-317-6671; the passcode is 10005248. The replay will be available through Thursday, August 9, 2018. 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’ ...
06/26/18
WINGSTOP’S 9TH COUNTRY OUTSIDE THE U.S. Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,100 locations globally, today announced that it has opened its first franchise restaurant in Panama City, Panama , now the ninth international operating country for Wingstop .
The opening is part of an international expansion agreement with Operadora de Restaurantes Orna, a newly formed restaurant group comprised of Grupo Lujor, a Master Wingstop Franchisee from Mexico, and International Brands Panama as the local operating partners. Operadora de Restaurantes Orna and Wingstop have plans to open an additional two locations in 2018, with a long-term goal of ten total locations over the next five years across Panama. “Expanding Wingstop into our ninth country outside the U.S. continues our growth trajectory towards the brand becoming a top 10 global restaurant brand,” said Larry Kruguer, Chief Operating Officer at Wingstop . “Panama is a major country in ...
06/11/18
Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,100 locations globally, today announced that Maurice Cooper has been appointed to the role of Senior Vice President and Chief Marketing Officer. Maurice will be responsible for overseeing the chain’s global marketing strategy and execution, and will report to Charlie Morrison, Chairman and CEO of Wingstop.
Senior Vice President and Chief Marketing Officer of Wingstop With more than 15 years of experience, Maurice joins Wingstop as a consumer marketing veteran, and proven leader of some of the world’s most admired brands. Most recently, he served as global vice president of the $12B Holiday Inn Brand Family. Maurice’s previous background in building brands extends to The Coca-Cola Company where he was a Venture Leader, driving the development and scale of emerging brands such as Honest Tea, Illy Coffee and Zico. He led the Coke Zero brand through one of its most substantial periods of growth, ...
05/3/18
Wingstop Inc. (NASDAQ:WING) today announced fiscal first quarter financial results for the period ended March 31, 2018.
Highlights for the Fiscal First Quarter 2018 compared to the Fiscal First Quarter 2017*: System-wide sales increased 20.4% to $313.0 million System-wide restaurant count increased 12.2% to 1,157 global locations Domestic same store sales increased 9.5% Total revenue increased 11.9% to $37.4 million Net income of $6.2 million , or $0.21 per diluted share, comparable to $6.3 million , or $0.21 per diluted share Adjusted EBITDA**, a non-GAAP measure, increased 31.0% to $12.5 million Adjusted net income**, a non-GAAP measure, increased 16.4% to $7.3 million , or $0.25 per diluted share * In the first quarter of 2018, the Company adopted Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606), which changed the timing of recognition of initial franchise fees, development fees, territory fees for our international business and ...
04/12/18
Wingstop Inc. (NASDAQ:WING) (the “Company” or “Wingstop”) today announced that it will host a conference call and webcast to discuss its first quarter 2018 financial results on Thursday, May 3, 2018 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 first quarter 2018 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 13678644. The replay will be available through Thursday, May 10, 2018 . 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, ...
03/19/18
Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,100 locations worldwide, today announced that Flynn K. Dekker has resigned as Chief Marketing Officer, effective March 21, 2018 . Mr. Dekker plans to take a sabbatical and spend time with family. Mr. Dekker has agreed to provide consulting services to the Company after his resignation date to ensure continuity and an effective transition. An executive search is currently underway for a new Chief Marketing Officer.
“We thank Flynn for his leadership and many contributions to Wingstop. Flynn has been instrumental to Wingstop’s success and has helped position the brand for continued success well into the future. He has been a valued friend and business partner and he will be greatly missed,” said Charlie Morrison, Chairman and Chief Executive Officer of Wingstop. About Wingstop Founded in 1994 and headquartered in Dallas, Texas, Wingstop Inc. (NASDAQ:WING) franchises more than 1,100 locations ...
02/22/18
Wingstop Inc. (NASDAQ:WING) today announced fiscal fourth quarter and fiscal year 2017 financial results for the period ended December 30, 2017. Highlights for the Fiscal Fourth Quarter 2017 compared to the Fiscal Fourth Quarter 2016 (on a 13-week basis): System-wide restaurant count increased 13.5% to 1,133 global locations System-wide sales increased 15.6% Domestic same store sales increased 5.2% Total revenue increased 21.9% to $28.3 million Net income increased to $10.5 million , or $0.36 per diluted share*, compared to $4.1 million , or $0.14 per diluted share Adjusted EBITDA**, a non-GAAP measure, increased 18.9% to $11.3 million Adjusted net income**, a non-GAAP measure, increased 20.7% to $5.0 million Highlights for the Fiscal Year 2017 compared to the Fiscal Year 2016 (on a 52-week basis): Added 135 net new restaurants in fiscal year 2017 System-wide sales increased 14.0% to $1.1 billion Domestic same store sales increased 2.6% Total revenue increased 17.5% to $105.6 million ...
02/5/18
Ditch the Dozen Roses and Order a Wingstop "WING LUV Kit" Your Partner Will Eat Right Up Wingstop Restaurants Inc. (NASDAQ: WING), the award-winning wing concept with more than 1,000 locations worldwide, today opened the phone lines of a limited time, Valentine's Day toll-free hotline designed to help those looking to step up their romance game (and cure their hunger pains). Whether you want to keep yourself out of the doghouse or have simply "been there, done that" with teddy bears and roses, celebrate the day of LUV with Wingstop on your lips and call 1-844-WING-LUV (or 1-844-946-4588) now! Beginning today through February 14 , the Wingstop WING LUV hotline offers five romantic options to take your wing fling to the next level, including: Valentine's night pro tips, Press 1. A vocal warm up routine, Press 2. Wing presentation advice, Press 3. Exclusive access to the Valentine's mixtape, Press 4. Just listen to your hotline rep talk saucy to you for a while, Press 5. When callers are ...
02/1/18
Wingstop Inc. (NASDAQ:WING) (the “Company” or “Wingstop”) today announced that it will host a conference call and webcast to discuss its fourth quarter and fiscal year 2017 financial results on Thursday, February 22, 2018 at 5:00 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 fourth quarter and fiscal year 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 13675837. The replay will be available through Thursday, March 1, 2018 . 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 ...
01/30/18
Wingstop Inc. (NASDAQ:WING) (the “Company” or “Wingstop”) today announced that its Board of Directors has approved a special cash dividend of $3.17 per share to stockholders in conjunction with the Company closing on a new $250 million senior secured credit facility. The special cash dividend represents approximately 7% of Wingstop’s total market capitalization. The new senior secured credit facility replaces the existing June 2016 senior secured credit facility.
75% of the special dividend will be treated by stockholders as a return of capital, with the remaining 25% - 35% treated as a dividend. Stockholders are encouraged to consult with their financial and tax advisors regarding circumstances of their individual situation. Wells Fargo Securities, LLC , Citizens Bank , National Association, and Fifth Third Bank acted as the joint lead arrangers and book runners of the senior secured credit facility. About Wingstop Founded in 1994 and headquartered in Dallas, Texas , Wingstop ...
01/8/18
Reports 13.5% Unit Growth and 5.2% Domestic Same Store Sales Growth Wingstop Inc. (“Wingstop” or the “Company”) (NASDAQ:WING) today released preliminary unaudited sales results for the fiscal fourth quarter and full year 2017 periods ended December 30, 2017.
Highlights for the fiscal fourth quarter 2017 as compared to the fiscal fourth quarter 2016 (on a 13-week basis): System-wide restaurant count increased 13.5% to 1,133 worldwide locations with 45 net openings Domestic same store sales increased 5.2% Company-owned restaurant same store sales increased 4.6% System-wide sales increased 15.6% to approximately $285 million Highlights for the fiscal year 2017 as compared to the fiscal year 2016 (on a 52-week basis): 135 net openings in fiscal year 2017 Domestic same store sales increased 2.6% Company-owned restaurant same store sales increased 1.6% System-wide sales increased 14.0% to approximately $1.1 billion Note fiscal year 2016 contained an extra week in the fourth quarter, ...
01/5/18
Former President of International will now lead global expansion and operations in new executive role Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that Larry Kruguer has been appointed to the role of Executive Vice President and Chief Operating Officer.  In his new role, Mr. Kruguer, who previously served as Wingstop’s President of International since 2015, will be responsible for the Company’s global operations, supply chain and training.  He will continue to report directly to Charlie Morrison , Chairman and Chief Executive Officer.
“Larry is a talented restaurant executive who has done an exceptional job building our international business with development agreements that will put Wingstop on five continents and thirteen countries, including our 100th international location, opened just last week,” said Charlie Morrison.  “This expanded role will leverage his broad business knowledge to ...
01/3/18
Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that it surpassed its 100 th restaurant internationally in December. The milestone opening was in Reynosa, Mexico and represents Wingstop’s 60 th location in Mexico , the Company’s first and longest running international market.
“The opening of our 100th international location marks a momentous day for Wingstop, and a key step in our journey to becoming a top 10 global restaurant brand,” said Larry Kruguer, President of International at Wingstop.  “We are excited to see the progress in our international development and we are grateful for all of our brand partners and team members who have contributed to our global success thus far.” This 100 th location adds to Wingstop’s rapidly growing international footprint, which also includes locations in Singapore, the Philippines, Indonesia, the United Arab Emirates, Malaysia, Saudi Arabia and Colombia . This ...
01/2/18
Wingstop Inc. (“Wingstop” or the “Company”) today announced that it will present at the 20th Annual ICR Conference at the Grande Lakes Hotel & Resort in Orlando, FL.
The Company will host investor meetings on Monday, January 8th and Tuesday, January 9th as well as webcast its presentation beginning at 3:00 PM ET on Tuesday, January 9th. 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 1,000 locations across the United States , Mexico , Singapore , the Philippines , Indonesia , the United Arab Emirates , Malaysia , Saudi Arabia and Colombia . The Wing Experts’ menu features classic and boneless wings with 11 bold, distinctive flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, ...