Investor Relations

Corporate Overview

We’re not in the wing business. We’re in the flavor business. It’s been our mission to serve the world flavor since we first opened shop in ’94, and we’re just getting started.

1997 saw the opening of our first franchised Wingstop location, and by 2002 we had served the world one billion wings. It’s flavor that defines us and has made Wingstop one of the fastest growing brands in the restaurant industry.

Wingstop is the destination for made-to-crave wings, hand-cut seasoned fries and any of our famous sides. For people who demand flavor in everything they do, there’s only Wingstop – because it’s more than a meal, it’s a flavor experience.

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Annual Financial Highlights


Global Locations


Consecutive Years of Same Store Sales Growth


System-wide Sales Growth1


Adjusted EBITDA Growth 1, 4


Total Shareholder Return Since IPO 3


Robust Cash Conversion 2
  • Note:
  • 1 3-year CAGR as of 12/31/2022. Fiscal year 2022 includes a 53rd operating week.
  • 2 3-year average as of year-end 2022. YE cash conversion defined as (Adjusted EBITDA less Capex) / Adjusted EBITDA (excludes one time investments such as restaurant acquisitions).
  • 3 As of 12/31/2022.
  • 4 Adjusted EBITDA is a non-GAAP measure. For a reconciliation to Net Income, refer to Wingstop’s most recently filed 10-K, filed on February 22, 2023.

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