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Jim Cramer on Wingstop: “I Think It’s Too High Risk”
Yahoo Finance· 2025-10-08 09:34
Wingstop Inc. (NASDAQ:WING) is one of the stocks Jim Cramer recently talked about. A caller inquired about the stock, noting the recent dip. Cramer replied: “Okay, I think this is a really important call because I was surprised that it started going down… I fear Wingstop because they’ve not been, let’s say, that they don’t really offer the kind of guidance that I want. And let’s put it this way, I think it’s too high risk, and the restaurant stocks are not doing well. We own Texas Roadhouse for the Charit ...
Wingstop Inc. to Announce Fiscal Third Quarter 2025 Financial Results on November 4, 2025
Prnewswire· 2025-09-30 12:00
Accessibility StatementSkip Navigation DALLAS, Sept. 30, 2025 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal third quarter 2025 financial results on Tuesday, November 4, 2025 at 10:00 a.m. ET. A press release with fiscal third quarter 2025 financial results will be issued before the market opens that morning. The conference call can be joined telephonically by dialing 1-877-259-5243 or 1-412-317-5176 (international) and aski ...
Wingstop Drops Smoky Chipotle Rub, Bringing All-New Flavor to Season Opener
Prnewswire· 2025-09-03 13:33
Company Overview - Wingstop Inc. was founded in 1994 and is headquartered in Dallas, TX, operating and franchising over 2,800 restaurants globally, with 98% owned by brand partners [3] - The company focuses on offering cooked-to-order and hand sauced-and-tossed wings, tenders, and chicken sandwiches in 12 distinct flavors, along with signature sides and dips [3] - Wingstop achieved approximately $5 billion in system-wide sales for fiscal 2024 and has experienced 21 consecutive years of same-store sales growth [3] Product Launch - Wingstop introduced a new flavor, Smoky Chipotle Rub, just in time for the football season, aiming to enhance the gameday experience [1] - The new flavor is available for a limited time starting September 3, with promotional offers including five free boneless wings with a $25+ order for the upcoming Thursday game [1][2] Marketing and Partnerships - Wingstop has been named the Official Chicken Partner of the NBA, indicating a strategic move to enhance brand visibility and engagement within the sports community [3]
Wingstop Inc. Reports Fiscal Second Quarter Financial Results
Prnewswire· 2025-07-30 11:30
Core Insights - Wingstop Inc. reported strong financial results for the fiscal second quarter of 2025, showcasing significant growth in unit openings and sales metrics [1][2][3] Financial Performance - Total revenue increased to $174.3 million, up from $155.7 million in the prior year, representing a 12.0% growth [5][7] - System-wide sales rose by 13.9% to $1.34 billion, driven by new restaurant openings and increased sales [7][16] - Net income decreased by 2.6% to $26.8 million, with adjusted net income increasing by 1.6% to $27.9 million [7][29] - Adjusted EBITDA grew by 14.3% to $59.2 million, reflecting improved operational efficiency [7][34] Operational Highlights - The company opened 129 net new restaurants, achieving a 19.8% growth in units, marking the fourth consecutive quarter of over 100 net openings [3][11] - The total number of system-wide restaurants reached 2,818, with 2,357 domestic franchise locations and 407 international franchise locations [4][11] - Domestic average unit volume (AUV) increased to $2.1 million, while domestic same-store sales decreased by 1.9% [4][7] Cost Management - Cost of sales was $24.4 million, with a decrease in the cost of sales as a percentage of company-owned restaurant sales to 75.2% from 75.9% [6][31] - Selling, general & administrative expenses rose to $32.9 million, primarily due to increased headcount and system implementation costs [8][29] Dividend Announcement - The board of directors approved an increase in the quarterly dividend from $0.27 to $0.30 per share, totaling approximately $8.4 million to be paid on September 5, 2025 [12]
Wingstop Drops Exclusive Meal with Massive Brand Fan and Basketball Icon, Paige Bueckers
Prnewswire· 2025-07-14 13:00
Core Insights - Wingstop has partnered with 2025's 1 basketball draft pick, Paige Bueckers, to launch the Rookie Draft Class campaign, allowing fans to order her exclusive meal lineup [1][2][4] - The collaboration highlights Wingstop's commitment to engaging with rising sports stars and enhancing brand visibility through celebrity endorsements [1][4] Company Overview - Wingstop, founded in 1994 and headquartered in Dallas, TX, operates over 2,650 restaurants globally, with 98% owned by brand partners [6] - The company reported approximately $5 billion in system-wide sales for fiscal 2024 and has achieved 21 consecutive years of same-store sales growth [6] - Wingstop aims to become a Top 10 Global Restaurant Brand and has been named the Official Chicken Partner of the NBA [6] Product Offering - The Paige Bueckers' Flavor Lineup includes her favorite items, such as classic wings, boneless wings, crispy tenders, seasoned fries, and ranch dips [8] - The exclusive meal can be ordered through Wingstop's website or app for a limited time [4][5]
Wingstop Expands Support in Response to Natural Disasters in Texas
Prnewswire· 2025-07-11 23:23
Group 1 - Wingstop Inc. is expanding its support for communities affected by natural disasters in Texas, matching contributions up to $1 million for the American Red Cross Disaster Relief Fund [1][2] - The company will launch Family Flavor Day on July 15, donating 15% of sales from all Texas locations to the American Red Cross, and will match donations made through the Round-Up campaign and Family Flavor Day, up to $500,000 [2] - Wingstop's President & CEO, Michael Skipworth, expressed the company's commitment to supporting Texas communities and first responders during these challenging times [3] Group 2 - In fiscal year 2024, Wingstop's system-wide sales increased by 36.8% to approximately $4.8 billion, marking the 21st consecutive year of same-store sales growth [5] - The company aims to become a Top 10 Global Restaurant Brand and operates over 2,650 locations worldwide, with independent franchisees accounting for approximately 98% of its total restaurant count [5] - Wingstop has received multiple accolades, including a spot on Ad Age's 'Hottest Brands' list and recognition as one of QSR Magazine's "Best Brands to Work For" [6]
Wingstop Inc. to Announce Fiscal Second Quarter 2025 Financial Results on July 30, 2025
Prnewswire· 2025-07-01 12:00
Company Overview - Wingstop Inc. operates and franchises over 2,650 locations globally, focusing on providing a unique guest experience with a technology-driven platform and a diverse menu featuring wings, tenders, and chicken sandwiches [4] - The company aims to become a Top 10 Global Restaurant Brand, with approximately 98% of its restaurants being operated by independent franchisees [5] Financial Performance - In fiscal year 2024, Wingstop's system-wide sales rose by 36.8% to around $4.8 billion, marking the 21st consecutive year of same-store sales growth [5] Recognition and Awards - Wingstop was listed on Ad Age's 'Hottest Brands' list in 2024 and recognized by QSR Magazine as one of the "Best Brands to Work For" [6] - The company was also acknowledged by Fast Company as one of the "Most Innovative Companies" and ranked 14 on Entrepreneur Magazine's 'Franchise 500' [6]
Wingstop Inc. Reports Fiscal First Quarter Financial Results
Prnewswire· 2025-04-30 12:00
Core Insights - Wingstop Inc. reported a record 126 net new openings in the first quarter of fiscal 2025, achieving an 18% net new unit growth compared to the same period in fiscal 2024 [1][3] - The company demonstrated resilience in its business model despite macroeconomic challenges, with a strong pipeline of franchise development and industry-leading returns for brand partners [3][4] Financial Performance - Total revenue for the first quarter of fiscal 2025 increased to $171.1 million, up from $145.8 million in the prior year, representing a 17.4% growth [5][8] - System-wide sales rose by 15.7% to $1.3 billion, driven by new restaurant openings and same-store sales growth [8][22] - Net income surged 221% to $92.3 million, or $3.24 per diluted share, compared to $28.7 million in the same quarter last year [8][38] Operational Metrics - The number of system-wide restaurants increased to 2,689, with 2,250 domestic franchise restaurants and 388 international franchise restaurants [4][14] - Domestic average unit volume (AUV) rose to $2.1 million, reflecting strong sales performance [8][18] - Digital sales accounted for 72% of system-wide sales, indicating a significant shift towards online ordering [8] Cost and Expenses - Cost of sales increased to $22.8 million, with a margin of 76.0% of company-owned restaurant sales, up from 74.5% in the prior year [6][40] - Selling, general, and administrative (SG&A) expenses rose to $31.4 million, driven by increased headcount and system implementation costs [7][8] Shareholder Returns - The board of directors declared a quarterly dividend of $0.27 per share, totaling approximately $7.5 million, to be paid on June 6, 2025 [15] - The company repurchased a total of 868,527 shares under an accelerated share repurchase agreement at an average price of $287.84 per share [16][17] Future Outlook - The company provided updated guidance for fiscal 2025, indicating expectations for continued growth in same-store sales and unit expansion, while acknowledging the unpredictable macro-environment [13][19]