Wingstop facts for kids
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| Public | |
| Traded as |
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| Industry | Restaurants |
| Genre | Fast casual fast food restaurant |
| Founded | 1994 Garland, Texas, U.S. |
| Founders |
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| Headquarters | Addison, Texas, U.S. |
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Number of locations
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1,413 as of March 28, 2020 |
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Area served
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Key people
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Charles R. Morrison (CEO) |
| Products | Chicken wings, chicken tenders, french fries, soft drinks |
| Revenue |  US$$282.5 million (FY 2021) |
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Operating income
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US$73.7 million (FY 2021) |
| US$42.6 million (FY 2021) |
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| Total assets | US$249.2 million (FY 2021) |
| Total equity | US$249.2 million (FY 2021) |
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Number of employees
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4,000 (2021) |
Wingstop Inc. is an American international chain of restaurants that primarily sells chicken wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.
The restaurant chain was founded in 1994 in Garland, Texas, and began offering franchises in 1997. As of 2022, Wingstop had over 1,400 restaurants. The chain is headquartered in Addison, Texas. In 2003, the chain was acquired by Gemini Investors, which sold it to Roark Capital Group in 2010. Wingstop went public in 2015.
History
Wingstop was founded in 1994 in Garland, Texas by Antonio Swad. The first franchised location opened in 1997, and by 2002 the brand claimed to have served two million wings. In 2005, Wingstop began serving lunch and in 2009 it began selling a boneless product. Wingstop opened its first international restaurant in Mexico in 2010.
Between 2014 and 2016, Wingstop was the third-fastest-growing restaurant chain in the US as measured by both system-wide sales and unit growth, according to Nation's Restaurant News. In 2015, Wingstop went public at an initial public offering price of $19 per share. That year, their profits more than doubled.
In 2019, Wingstop began using the tagline Where Flavor Gets Its Wings. The next year, Wingstop became available for delivery in Dallas, Texas through DoorDash As of 2019, the Wingstop Team Member Foundation acted as an employee-funded nonprofit that gave money to other employees experiencing a financial hardship due to an emergency.
On June 21, 2021, WingStop announced a digital-only restaurant called ThighStop, which sells chicken thighs instead of wings. The company cited cost-saving measures as the reason for the change.
Menu
The Wingstop menu includes a range of chicken products. Among others, the "wings with sauces" is served, and sandwiches with chicken meat are offered. Sides and fries are seasoned with spices. Some sauces are only available for limited periods, this helps with the marketing. The most popular Wingstop flavours include "Hot Lemon", "Bayou BBQ", and "Lemon Garlic".
See also
- List of chicken restaurants
