Wingstop Inc. to Announce Fiscal Second Quarter 2021 Financial Results on July 28, 2021

Rhea-AI Summary

Wingstop Inc. (NASDAQ: WING) will host a conference call on July 28, 2021, at 10:00 AM EST to discuss its fiscal second quarter 2021 financial results. The call will feature CEO Charlie Morrison and CFO Michael Skipworth. A press release with the results will be issued before the market opens on the same day. The conference call can be accessed by phone or via a live webcast, with a replay available afterward. Wingstop, headquartered in Dallas, operates over 1,500 locations and reported a 28.8% increase in system-wide sales in fiscal 2020, to approximately $2.0 billion.

Positive

• 28.8% increase in system-wide sales in fiscal year 2020 to approximately $2.0 billion.
• 17 consecutive years of same-store sales growth.
• Opened 41 net new restaurants in the last fiscal quarter, marking an 11.7% increase.

Negative

• None.

DALLAS, June 24, 2021 /PRNewswire/ -- Wingstop Inc. (NASDAQ: WING) today announced that it will host a conference call and webcast to discuss its fiscal second quarter 2021 financial results on Wednesday, July 28th, 2021 at 10:00 AM EST.

Hosting the conference call will be Charlie Morrison, Chairman and Chief Executive Officer, and Michael Skipworth, Executive Vice President and Chief Financial Officer. A press release with second quarter 2021 results will be issued that same day, before the market opens.

The conference call can be accessed live by dialing 1-877-259-5243 or 1-412-317-5176 (international). 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 10157790. The replay will be available through Wednesday, August 4, 2021.

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 1,500 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 more than 98% of Wingstop's total restaurant count of 1,579 as of March 27, 2021. During the fiscal quarter ended March 27, 2021, Wingstop opened 41 net new restaurants, an increase of 11.7%, and announced domestic same-store sales increased 20.7%. Also in the fiscal first quarter, Wingstop generated 63.6% 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, 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 Contacts
Alex Kaleida and Susana Arevalo
972-331-8484
IR@wingstop.com

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SOURCE Wingstop Restaurants Inc.

FAQ

When will Wingstop announce its fiscal second quarter 2021 results?

Wingstop will announce its fiscal second quarter 2021 results on July 28, 2021.

What time is the Wingstop conference call scheduled for?

The conference call is scheduled for 10:00 AM EST on July 28, 2021.

How can I access the Wingstop conference call?

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

Where can I find the replay of Wingstop's conference call?

The replay of the conference call will be available by dialing 1-877-344-7529 and entering the passcode 10157790.

How many locations does Wingstop operate worldwide?

Wingstop operates over 1,500 locations worldwide.