Trade Wingstop Inc - WING CFD

Wingstop Inc. Company profile

About Wingstop Inc

Wingstop Inc. is a fast casual chicken wings-focused restaurant chain, with over 1,600 locations across the world. The Company is in the business of franchising and operating Wingstop restaurants. The Company is primarily a franchisor, with approximately 98% of its restaurants owned and operated by independent franchisees. It offers classic wings, boneless wings and tenders, always cooked to order, and hand-sauced-and-tossed in about 11 distinctive flavors. It offers various order options, including eat-in, to go, individual, combo meals and family packs. It also developed a custom Website and mobile ordering application. It has approximately 1,461 domestic franchised restaurants and 180 international franchised restaurants. It owns and operates approximately 32 restaurants.

Financial summary

BRIEF: For the fiscal year ended 25 December 2021, Wingstop Inc revenues increased 14% to $282.5M. Net income increased 83% to $42.7M. Revenues reflect Royalty revenue, franchise fees and other segment increase of 20% to $130.7M. Net income benefited from Loss on debt extinguishment and refinanc decrease from $13.7M (expense) to $0K. Dividend per share increased from $0.50 to $0.62.