Wingstop Completes 19th Consecutive Quarter of Comp Store Sales Increases
DALLAS--(BUSINESS WIRE)--Wingstop President and CEO James A. Flynn announced today that first quarter comp store sales have increased by 8.9 percent. In a market in which many chains are struggling, Flynn says there are answers to the question 'Why Wingstop?'
"In this uncertain economic environment, consumers still want a treat but are judicious and more frugal about their choices," said Flynn. "Most of Wingstop's business is takeout and customers like picking up their favorite wings and having the option to add their own sides or drinks at home while not having to tip a wait person. We've also seen a huge uptick in our sales from the online ordering system we've created."
First quarter 2008 sales marks the chain's 19th consecutive quarter of comp store increases, dating back to the third quarter of 2003 covering July, August and September. Wingstop just logged a banner year in 2007 with system-wide sales increasing 34.4 percent from $153.7 million in 2006 to $206.6 million in 2007. The rapidly-growing chain expects to open an additional 80 stores in 2008.
Wingstop offers restaurants with a nostalgic, aviation-themed atmosphere where the sole focus is on chicken wings. The chain also serves boneless wing strips made from 100 percent all-white meat chicken breast coated with a proprietary batter and breading. Wingstop features nine wing flavors: Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, and Hickory Smoked BBQ. The wings are always made-to-order and served steaming hot. Customers also can choose from homemade side dishes including fresh-cut seasoned fries, bourbon baked beans, pearl potato salad, creamy cole slaw, vegetable sticks, rolls and assorted dipping sauces.
Wingstop has more than 600 restaurants either open or under development in 28 states and consistently tops industry growth rankings. Wingstop is 125th on Entrepreneur's 2008 Franchise 500 list. The chain was also chosen Wing King at the 2006 National Buffalo Wing Festival. Troy Aikman, three-time Super Bowl champion and Hall of Fame quarterback, has served as the chain's national spokesman since 2003. Aikman extended his contract in 2006 for three years, as Wingstop has posted 19 consecutive quarters of comp store sales increases since the partnership.