Wingstop Inc. is a fast-growing American restaurant chain specialising in chicken wings. It has over 2,500 locations across 45 U.S. states and 12 other countries. Wingstop serves cooked-to-order wings, chicken sandwiches, and sides like seasoned fries and dips, with a choice of 12 flavours.  About 98% of its restaurants are run by independent franchise owners. Customers can dine in, take away, or order delivery.

Key Information

  • Nasdaq: WING
  • S&P 600
  • Mid cap
  • TAG: LEISURE
  • Founded: USA

Positives

Growing global demand for quick-service chicken restaurants, a popular segment of fast food.

Strong online and digital presence, with over 50% of sales coming from digital orders. This allows for smaller store sizes compared to other restaurants.

Franchise model supports fast and cost-effective expansion both in the U.S. and internationally.

Negatives

Faces growing competition from other chains like Jollibee and Popeyes.

Recent weaker demand for dining out has hurt Wingstop’s share price, possibly reflecting longer-term effects of the high cost of living.

Is chicken just a fad or does it have the staying power of McDonald’s, etc?

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