May 23, 2013
Industry News | October 10, 2012
Wingstop's Third Quarter Sales Up 16 Percent
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Wingstop announces that same store sales for the third quarter are up 16 percent over the same quarter last year and 13 percent for the year to date.
Sports and wings go hand-in-hand and with the start of football season, along with the dramatic MLB pennant races, Wingstop experienced one of its strongest quarters to date.
“This is our favorite time of year,” says Charlie Morrison, Wingstop president and CEO. “There’s nothing better than watching guests stop in before the game and pick up wings for the perfect tailgate party. Wings are a convivial food, and our fans crave a product that’s made-to-order and uncompromising in quality.”
In addition to strong sales, the rapidly expanding concept opened nine new restaurants last quarter, bringing its total to 30 new locations this year, with 25 to 30 more stores expected to open in the fourth quarter.
The rapidly expanding chain also signed development agreements in the third quarter representing 35 new locations and for the year to date has signed agreements to open 134 new restaurants.
Other milestones in the third quarter include:
·Increased online and phone app orders, with third quarter online sales up 70 percent over the same quarter last year.
·Opening new restaurants in Tempe, Arizona; Sacramento Valley, California; Charleston, South Carolina; Chicago; and San Francisco.
·Achieving status as the #1 Facebook Growth Brand on the Restaurant Social Media Index.
·Launching the brand’s first Pinterest and Video contests.
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