How Wingstop is outpacing its fast-food competitors
Wingstop(WING) CNBC·2024-08-26 12:00
Wingstop is not seeing the same consumer pullback that fast food chains like McDonald's and Starbucks have experienced this year. Part of that success is because its traditional offering, chicken wings, is popular with watching live sports. "If you're thinking about someone who has to make a decision on where to trim spending, the likelihood that they're going to give up something that is associated with your social event is much lower," said Stephens equity research analyst Jim Salera. Wingstop CEO Michael ...