Wingstop hits 3,000th restaurant milestone

Core Insights - Wingstop is on track to become a top 10 global restaurant brand, having opened its 3,000th location and aiming for over 10,000 restaurants worldwide [1][3] - The company has experienced significant growth, opening nearly 800 restaurants and expanding its global footprint by 50% in the last two years [1][3] - In the most recent quarter, Wingstop opened 114 restaurants, indicating a strong growth trajectory [1][3] Expansion and Market Presence - Wingstop has entered six new markets, including Australia, Bahrain, Kuwait, Puerto Rico, Saudi Arabia, and The Netherlands, now operating in 47 U.S. states and 15 countries [2] - The company plans to expand into Thailand, Italy, and Ireland soon, further enhancing its international presence [2] Financial Performance and Unit Economics - The company reported average unit volumes of $2.1 million domestically, with unlevered cash-on-cash returns exceeding 70% on an average upfront investment of $500,000 [4] - Over 70 unique brand partners opened Wingstop locations in over 100 different markets across the U.S. in the most recent quarter, showcasing strong demand for unit growth [4][5] - The attractiveness of Wingstop's unit economic model is reflected in the continued commitment from brand partners [5]