Wingstop Inc. is an American international chain of restaurants that primarily sells chicken wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.
The restaurant chain was founded in 1994 in Garland, Texas, and began offering franchises in 1997. As of 2022, Wingstop had over 1,400 restaurants. The chain is headquartered in Addison, Texas.[4] In 2003, the chain was acquired by Gemini Investors, which sold it to Roark Capital Group in 2010.[5] Wingstop went public in 2015.[6]
Wingstop was founded in 1994 in Garland, Texas by Antonio Swad. The first franchised location opened in 1997, and by 2002 the brand claimed to have served two million wings.[7] In 2005, Wingstop began serving lunch and in 2009 it began selling a boneless product.[8] Wingstop opened its first international restaurant in Mexico in 2010.[9]
Between 2014 and 2016, Wingstop was the third-fastest-growing restaurant chain in the US as measured by both system-wide sales and unit growth, according to Nation's Restaurant News.[10][11] In 2015, Wingstop went public at an initial public offering price of $19 per share.[12] That year, their profits more than doubled.[13]
In 2019, Wingstop began using the tagline Where Flavor Gets Its Wings.[14] The next year, Wingstop became available for delivery in Dallas, Texas through DoorDash[15] As of 2019, the Wingstop Team Member Foundation acted as an employee-funded nonprofit that gave money to other employees experiencing a financial hardship due to an emergency.[16]
On June 21, 2021, WingStop announced a digital-only restaurant called ThighStop, which sells chicken thighs instead of wings. The company cited cost-saving measures as the reason for the change.[17]
The menu includes a range of chicken products, such as wings with sauces and sandwiches.[18] Some sauces are available for limited periods as part of marketing efforts.[19][20]
^ abRuggless, Ron (June 25, 2019). "Wingstop to relocate headquarters". Nations Restaurant News. Retrieved June 26, 2019.
^"Wingstop pushes international expansion". Nation's Restaurant News. February 12, 2014. Retrieved May 15, 2022.
^ abcde"WING Financials". Nasdaq. January 30, 2021.
^"Wingstop Inc. Announces New Corporate Headquarters in Addison, TX". Wingstop. June 25, 2019. Retrieved December 7, 2019.
^"Roark Capital Group Acquires Wingstop" (PDF) (Press release). Roark Capital Group.
^Nasr, Reem (June 12, 2015). "Wingstop surges in IPO to close 61% higher". CNBC. Retrieved April 25, 2019.
^"Wingstop". wingstop.com. Retrieved April 27, 2021.
^"Wingstop Rolls Out Boneless Wings". QSR magazine. Retrieved April 27, 2021.
^Inc, Wingstop Restaurants (September 23, 2019). "Wingstop to Double Current Presence in Mexico". GlobeNewswire News Room (Press release) (in French). Retrieved April 27, 2021. {{cite press release}}: |last= has generic name (help)
^"2014 Top 100: Why Wingstop is the No. 3 fastest-growing chain". Nation's Restaurant News. July 3, 2014. Retrieved May 15, 2022.
^"2016 Top 100: Why Wingstop is the No. 3 fastest-growing chain". Nation's Restaurant News. June 28, 2016. Retrieved May 15, 2022.
^Carnette, Jamal (December 28, 2020). "Up 600% in 5 Years, Is Wingstop Just Getting Started?". NASDAQ.
^"Wingstop's profit more than doubles in 2015". Nation's Restaurant News. March 3, 2016. Retrieved May 15, 2022.
^"Wingstop". wingstop.com. Retrieved April 27, 2021.
^"Wingstop Begins Nationwide Rollout of Delivery with DoorDash in Dallas-Fort Worth". QSR magazine. Retrieved April 27, 2021.
^"Wingstop Foundation Supports Team Members in Need". WINGSIDER. June 7, 2019. Retrieved April 27, 2021.
^Wiener-Bronner, Danielle (June 21, 2021). "There's a chicken wing shortage. So this chain wants you to start loving thighs". CNN. Retrieved July 15, 2021.
^"Fall in Love with Wingstop's New Chicken Sandwich Offered in 12 Bold Flavors, Now Available Nationwide". prnewswire.com (Press release). Retrieved August 30, 2022.
^"Wingstop Celebrates 25th Anniversary with 25 Days of Flavor". ir.wingstop.com. Retrieved April 27, 2021.
^Wingstop (February 11, 2021). "Wingstop's "Remix" Flavors Hot Lemon, Lemon Garlic, and Bayou BBQ are BACK!". wingsider.wingstop.com. Retrieved April 27, 2021.
External linksedit
Official website
Business data for Wingstop Inc.:
Bloomberg
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Reuters
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Yahoo!
January 01, 1970
wingstop, american, international, chain, restaurants, that, primarily, sells, chicken, wings, locations, decorated, with, 1930s, 1940s, aviation, theme, company, typepublictraded, asnasdaq, wings, componentindustryrestaurantsgenrefast, casual, fast, food, res. Wingstop Inc is an American international chain of restaurants that primarily sells chicken wings Wingstop locations are decorated with a 1930s and 1940s pre jet aviation theme Wingstop Inc Company typePublicTraded asNasdaq WINGS amp P 400 componentIndustryRestaurantsGenreFast casual fast food restaurantFounded1994 30 years ago 1994 Garland Texas U S FoundersAntonio Swad Bernadette FiaschettiHeadquartersAddison Texas U S 1 Number of locations1 413 as of March 28 2020 1 Area servedCanadaFranceIndonesiaMexicoSaudi ArabiaSingaporeSpainUnited Arab EmiratesUnited KingdomUnited States 2 Key peopleCharles R Morrison CEO ProductsChicken wings chicken tenders french fries soft drinksRevenueUS 282 5 million FY 2021 3 Operating incomeUS 73 7 million FY 2021 3 Net incomeUS 42 6 million FY 2021 3 Total assetsUS 249 2 million FY 2021 3 Total equityUS 249 2 million FY 2021 3 Number of employees4 000 2021 Websitewingstop wbr com The restaurant chain was founded in 1994 in Garland Texas and began offering franchises in 1997 As of 2022 Wingstop had over 1 400 restaurants The chain is headquartered in Addison Texas 4 In 2003 the chain was acquired by Gemini Investors which sold it to Roark Capital Group in 2010 5 Wingstop went public in 2015 6 Contents 1 History 2 Menu 3 See also 4 References 5 External linksHistory editWingstop was founded in 1994 in Garland Texas by Antonio Swad The first franchised location opened in 1997 and by 2002 the brand claimed to have served two million wings 7 In 2005 Wingstop began serving lunch and in 2009 it began selling a boneless product 8 Wingstop opened its first international restaurant in Mexico in 2010 9 Between 2014 and 2016 Wingstop was the third fastest growing restaurant chain in the US as measured by both system wide sales and unit growth according to Nation s Restaurant News 10 11 In 2015 Wingstop went public at an initial public offering price of 19 per share 12 That year their profits more than doubled 13 In 2019 Wingstop began using the tagline Where Flavor Gets Its Wings 14 The next year Wingstop became available for delivery in Dallas Texas through DoorDash 15 As of 2019 the Wingstop Team Member Foundation acted as an employee funded nonprofit that gave money to other employees experiencing a financial hardship due to an emergency 16 On June 21 2021 WingStop announced a digital only restaurant called ThighStop which sells chicken thighs instead of wings The company cited cost saving measures as the reason for the change 17 Menu edit nbsp Wings and fries from Wingstop nbsp A Wingstop in Springfield Virginia The menu includes a range of chicken products such as wings with sauces and sandwiches 18 Some sauces are available for limited periods as part of marketing efforts 19 20 See also edit nbsp Companies portal nbsp Food portal List of chicken restaurantsReferences edit a b Ruggless Ron June 25 2019 Wingstop to relocate headquarters Nations Restaurant News Retrieved June 26 2019 Wingstop pushes international expansion Nation s Restaurant News February 12 2014 Retrieved May 15 2022 a b c d e WING Financials Nasdaq January 30 2021 Wingstop Inc Announces New Corporate Headquarters in Addison TX Wingstop June 25 2019 Retrieved December 7 2019 Roark Capital Group Acquires Wingstop PDF Press release Roark Capital Group Nasr Reem June 12 2015 Wingstop surges in IPO to close 61 higher CNBC Retrieved April 25 2019 Wingstop wingstop com Retrieved April 27 2021 Wingstop Rolls Out Boneless Wings QSR magazine Retrieved April 27 2021 Inc Wingstop Restaurants September 23 2019 Wingstop to Double Current Presence in Mexico GlobeNewswire News Room Press release in French Retrieved April 27 2021 a href Template Cite press release html title Template Cite press release cite press release a last has generic name help 2014 Top 100 Why Wingstop is the No 3 fastest growing chain Nation s Restaurant News July 3 2014 Retrieved May 15 2022 2016 Top 100 Why Wingstop is the No 3 fastest growing chain Nation s Restaurant News June 28 2016 Retrieved May 15 2022 Carnette Jamal December 28 2020 Up 600 in 5 Years Is Wingstop Just Getting Started NASDAQ Wingstop s profit more than doubles in 2015 Nation s Restaurant News March 3 2016 Retrieved May 15 2022 Wingstop wingstop com Retrieved April 27 2021 Wingstop Begins Nationwide Rollout of Delivery with DoorDash in Dallas Fort Worth QSR magazine Retrieved April 27 2021 Wingstop Foundation Supports Team Members in Need WINGSIDER June 7 2019 Retrieved April 27 2021 Wiener Bronner Danielle June 21 2021 There s a chicken wing shortage So this chain wants you to start loving thighs CNN Retrieved July 15 2021 Fall in Love with Wingstop s New Chicken Sandwich Offered in 12 Bold Flavors Now Available Nationwide prnewswire com Press release Retrieved August 30 2022 Wingstop Celebrates 25th Anniversary with 25 Days of Flavor ir wingstop com Retrieved April 27 2021 Wingstop February 11 2021 Wingstop s Remix Flavors Hot Lemon Lemon Garlic and Bayou BBQ are BACK wingsider wingstop com Retrieved April 27 2021 External links editOfficial website Business data for Wingstop Inc BloombergGoogleReutersSEC filingsYahoo Retrieved from https en wikipedia org w index php title Wingstop amp oldid 1223497433, wikipedia, wiki, book, books, library,
