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Wingstop (WING)
NASDAQ:WING
US Market
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Wingstop (WING) Revenue by Segment

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Revenue by Segment

Breaks revenue into parts like franchise royalties, company-owned store sales, and supply-chain income, showing which sources drive earnings. A larger share from steady franchise fees suggests predictable cash flow, while dependence on company-store sales increases exposure to store-level volatility and commodity costs.
Royalties and franchise-related advertising fees have been the fastest-growing revenue drivers, powered by aggressive unit growth and higher system sales, whereas company‑owned sales rise steadily but lag—implying Wingstop’s top-line expansion is more openings-driven than comp-driven. Management’s updated guidance admits near-term negative comps (weather/fuel headwinds) but stresses 15–16% unit growth, Smart Kitchen and loyalty pilots to restore frequency and AUV; investors should treat near-term margin/comp risk separately from durable franchise fee tailwinds tied to the pipeline.
Date
Royalties, Franchise Fees, and Other
Advertising Fees
Company-Owned Restaurant Sales
Jun 30, 2026
$86.84M$64.54M$34.18M
Mar 31, 2026
$87.47M$63.27M$32.99M
Dec 31, 2025
$81.93M$61.37M$32.40M
Sep 30, 2025
$81.19M$62.02M$32.53M
Jun 30, 2025
$79.89M$61.96M$32.48M
Mar 31, 2025
$78.78M$62.27M$30.05M
Dec 31, 2024
$75.70M$56.06M$30.06M
Sep 30, 2024
$74.39M$56.76M$31.34M
Jun 30, 2024
$71.16M$54.65M$29.89M
Mar 31, 2024
$67.10M$50.15M$28.54M