Texas-based Wingstop soared to new heights in 2012, opening 57 new chicken wing restaurants and achieving a record nine consecutive years of same store sales increases. The 550-unit concept's same store sales for the fourth quarter increased 15.8 percent over the same quarter last year, and 13.7 percent for fiscal year 2012.
"A lot of concepts reach 500 stores and lose steam, but Wingstop is just getting started," said Charlie Morrison, Wingstop president and CEO. "Thanks to our great operators, a talented development team, a craveable product and a dedicated corporate staff for delivering our 2012 accomplishments."
Wingstop online sales were also up 70 percent over last year.
Additionally, the Wingstop franchise team reached a new record, signing development agreements to result in 191 new locations to open over the next several years including a master agreement to develop 50 restaurants in Russia. The chain currently has a master agreement for Mexico and expects to sign three to four international agreements in 2013.
Founded in 1994 and headquartered in Richardson, Texas, Wingstop has more than 550 restaurants open across the United States and Mexico. With a sole focus on chicken wings, the Wingstop menu features 10 wing flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, Hickory Smoked BBQ and Louisiana Rub.
