Wingstop Inc. ( (WING) ) has released its Q1 earnings. Here is a breakdown of the information Wingstop Inc. presented to its investors.
Wingstop Inc., a leading fast-casual restaurant chain specializing in chicken wings, operates primarily through franchised locations worldwide. In its latest earnings report for the first quarter of 2025, Wingstop highlighted a significant increase in system-wide sales and net income, driven by strong digital sales and new restaurant openings. The company reported a 15.7% rise in system-wide sales to $1.3 billion and a 221% increase in net income to $92.3 million, or $3.24 per diluted share. Revenue grew by 17.4% to $171.1 million, with domestic same-store sales up 0.5% and digital sales accounting for 72% of total sales. Wingstop’s strategic focus on expanding its franchise network resulted in 126 net new openings during the quarter, contributing to its robust financial performance. Looking ahead, Wingstop’s management remains optimistic about continued growth, supported by its asset-light business model and strong brand presence in the fast-casual dining sector.