Wingstop Inc. to Announce Fiscal Fourth Quarter 2021 and Full Year 2021 Financial Results on February 16, 2022

Rhea-AI Summary

Wingstop Inc. (NASDAQ: WING) announced a conference call on February 16, 2022, at 10:00 AM EST, to discuss its fiscal fourth quarter and full year 2021 financial results. A press release will be issued prior to market opening that day. The conference call will be available via phone and webcast, with a replay accessible for a week after the call. Wingstop operates over 1,600 locations and reported significant sales growth in previous years, with system-wide sales soaring 28.8% to approximately $2.0 billion in 2020.

Positive

• System-wide sales increased 28.8% year-over-year to approximately $2.0 billion in FY 2020.
• Achieved over 700% stockholder return since its 2015 IPO.
• Opened 49 net new restaurants during the fiscal quarter ended September 25, 2021.

Negative

• None.

DALLAS, Jan. 13, 2022 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal fourth quarter and full year 2021 financial results on Wednesday, February 16, 2022 at 10:00 AM EST.

A press release with fiscal fourth quarter and full year 2021 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 asking for the Wingstop conference call. A replay will be available two hours after the call and can be accessed by dialing 1-877-344-7529 or 1-412-317-0088 (international) and entering the passcode 4591091. The replay will be available through Wednesday, February 23, 2022.

The conference call will also be webcast live and later archived on the investor relations section of Wingstop's corporate website at ir.wingstop.com under the 'News & Events' section.

About Wingstop

Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises over 1,600 locations worldwide. The Wing Experts are dedicated to Serving the World Flavor through an unparalleled guest experience and offering of classic wings, boneless wings and tenders, always cooked to order and hand sauced-and-tossed in fans' choice of 11 bold, distinctive flavors. Wingstop's menu also features signature sides including fresh-cut, seasoned fries and freshly-made ranch and bleu cheese dips.

In fiscal year 2020, Wingstop's system-wide sales increased 28.8% year-over-year to approximately $2.0 billion, marking the 17th consecutive year of same store sales growth, and Wingstop achieved over 700% stockholder return since its 2015 initial public offering. With a vision of becoming a Top 10 Global Restaurant Brand, its system is comprised of independent franchisees, or brand partners, who account for approximately 98% of Wingstop's total restaurant count of 1,673 as of September 25, 2021. During the fiscal quarter ended September 25, 2021, Wingstop opened 49 net new restaurants, an increase of 13.1%, and announced domestic same-store sales increased 3.9%. During the fiscal quarter ended September 25, 2021, Wingstop generated 61.6% of sales via digital channels including Wingstop.com and the Wingstop app.

A key to Wingstop's success is the Wingstop Way, which includes a core value system of being Authentic, Entrepreneurial, Service-minded, and Fun. This value system extends to its environmental, social and governance platform as Wingstop seeks to provide value to all stakeholders.

The Company has been ranked on Entrepreneur Magazine's "150 Strongest-growing Franchises" and "The World's Best Franchises" (2020), Franchise Business Review's "Top Food Franchises" (2020), Nation's Restaurant News' "Top 200 Restaurant Chains" (2020), Fast Casual's "Top 100 Movers & Shakers" (2020), and named to The Stevie Awards for Great Employers (2020).

For more information visit www.wingstop.com or www.wingstop.com/own-a-wingstop and follow @Wingstop on Twitter and Instagram and at Facebook.com/Wingstop. Learn more about Wingstop's involvement in its local communities at www.wingstopcharities.org.

Media Contact
Megan Sprague
972-331-9155
Media@wingstop.com

Investor Contact
Susana Arevalo
972-331-8484
IR@wingstop.com

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SOURCE Wingstop Restaurants Inc.

FAQ

When will Wingstop announce its fiscal fourth quarter and full year 2021 results?

Wingstop will announce its fiscal fourth quarter and full year 2021 results on February 16, 2022.

How can I join the Wingstop conference call?

You can join the Wingstop conference call by dialing 1-877-259-5243 or 1-412-317-5176 for international calls.

What were Wingstop's system-wide sales in FY 2020?

Wingstop's system-wide sales in FY 2020 were approximately $2.0 billion, representing a 28.8% increase year-over-year.

How many locations does Wingstop operate?

Wingstop operates and franchises over 1,600 locations worldwide.

What time is the Wingstop conference call scheduled for?

The Wingstop conference call is scheduled for 10:00 AM EST on February 16, 2022.