Core Insights - Wingstop is expanding its presence in Canada with three new outlets in Calgary set to open in 2026, following its entry into Ontario in 2022 [1][3] - The expansion is part of a 100-location development agreement with JPK Capital, the exclusive master franchisee for Wingstop in Canada, Australia, and New Zealand [1][2] - Wingstop aims to become a top 10 global restaurant brand, currently operating over 2,800 restaurants worldwide and reporting $4.8 billion in system-wide sales for fiscal 2024 [3] Financial Performance - In the fiscal first quarter of 2025, Wingstop's total revenues reached $171.1 million, an increase from $145.8 million in the same quarter of the previous year, reflecting a growth of approximately 17.9% [4] - The company's net income surged by 221% to $92.3 million, equating to $3.24 per diluted share [4] - Adjusted net income was reported at $28.3 million, or $0.99 per diluted share, with adjusted earnings before interest, taxation, depreciation, and amortization growing 18.4% to $59.5 million [4] Market Strategy - The flagship Calgary location will be situated at CF Chinook Centre, targeting a younger demographic, particularly Gen-Z consumers, and will feature a live DJ booth and contemporary design elements [3] - JPK Capital has established 15 locations for Wingstop in Ontario and recently opened the brand's first Australian outlet in Sydney, indicating a strategic focus on international expansion [2]
Wingstop to enter Calgary in 2026 as part of wider Canadian rollout