Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €130, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 6x in the Hospitality industry in Germany. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €142 per share. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Tom Greco was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 15
Wingstop Inc. Debuts House of Flavor Fan Experience in North America Wingstop Inc. brought its House of Flavor experience to North America for the first time, turning up the heat this summer with culture-driven experiences only Wingstop can deliver. Wingstop's House of Flavor, coming to its hometown of Dallas as well as Toronto throughout June, is the ultimate fan destination. The experience features Wingstop's sauced-and-tossed wings, live DJs, gameday watch parties, merch, free tattoos and nonstop vibes. Dallas will also feature a barber delivering fresh, soccer-inspired cuts, while Toronto will offer custom nail art. Both cities will host exclusive, one-night-only performances from FERG on June 11 in Toronto and June 24 in Dallas. House of Flavor previously had epic runs at major cultural moments in Milan (February 2026) and Paris (July 2024). In North America, the experience will feature immersive, flavor-packed environments that are inspired by the global energy of summer soccer. House of Flavor is free and open to the public in Toronto from June 11 to 14 at Stanley Barracks and in Dallas from June 24 to July 3 at The Bomb Factory, both open 11 a.m. until late. Hours are subject to change, entry fees and/or age restrictions may apply, and entry restrictions may apply. Announcement • May 01
Wingstop Inc. Provides Updated Earnings Guidance for the Year 2026 Wingstop Inc. provided updated earnings guidance for the year 2026. For the year, the company expects Low-single digit decline in domestic same store sales growth. Announcement • Apr 30
Wingstop Inc. announces Quarterly dividend, payable on June 05, 2026 Wingstop Inc. announced Quarterly dividend of USD 0.3000 per share payable on June 05, 2026, ex-date on May 15, 2026 and record date on May 15, 2026. Announcement • Apr 17
Wingstop Inc. Brings Back Wingstop Hot Box With Fiery Nacho Flavor Wingstop Inc. was delivering big flavor by bringing back its highly requested Wingstop Hot Box, available starting April 17. This year's Wingstop Hot Box features the return of the Fiery Nacho flavor: a spicy, cheesy dry rub. Fans can choose between three tenders or eight wings, sauced and tossed in the Fiery Nacho seasoning and served on a bed of Wingstop's world-famous fries. The meal is topped with a drizzle of housemade ranch and finished with a natural herb seasoning. Each Wingstop Hot Box also includes a 20-ounce drink and a side dip of choice. Wingstop is bringing back this fan favorite and celebrating 4/20 with an exclusive, limited-edition collectible, made for enjoying the holiday. Only 420 individually numbered and perfectly sized branded flavor trays will be available as a giveaway with the purchase of a Wingstop Hot Box on a first-come, first-served basis on 4/20 via walk-in only – with every order ready in as fast as 10 minutes and loaded with flavor. The collectible will be available at four select restaurants located in Los Angeles, San Jose, New York City and Atlanta. The Wingstop Hot Box will be available at participating locations nationwide starting Friday, April 17 through Monday, April 20. Fans are encouraged to pass the box and share their Wingstop Hot Box experience on social media. Announcement • Apr 07
Wingstop Inc. Launches Citrus Mojo Flavor Nationwide Wingstop Inc. is tapping into what fans are craving just as the seasons shift with its newest limited-time flavor. Available in restaurants nationwide, Citrus Mojo combines zesty citrus with savory garlic and herbs for a flavor that hits with a fresh, vibrant kick. Citrus Mojo was crafted to celebrate both, balancing citrus and herb-forward notes with the craveable intensity that defines Wingstop's flavor lineup. The result is an iconic flavor that brings a taste of tropical escape, no travel required. To complement the launch, Wingstop is introducing its exclusive Coca-Cola Freestyle beverage, Sprite Loco Lime and Sprite Loco Lime Zero Sugar. Available at Wingstop locations nationwide with Coca-Cola Freestyle dispensers — the self-serve drink platform offering customizable beverage options — the bold, citrus-driven blend combines Sprite, Fanta Lime and Minute Maid Limeade for a crisp, refreshing sip that amplifies the zesty notes of Citrus Mojo. Sprite Loco Lime gives fans a one-of-a-kind pairing you can only get at Wingstop. Citrus Mojo is a fresh expression of Wingstop's signature flavor expertise, delivering that bright, citrus-forward experience that fans have been clamoring for. As always, Wingstop's chicken is made-to-order and hand sauced-and-tossed, ensuring Citrus Mojo hits at peak flavor with every bite. Citrus Mojo is available starting April 7 for a limited time at Wingstop locations nationwide and through the Wingstop app and Wingstop.com. Announcement • Apr 02
Wingstop Inc. to Report Q1, 2026 Results on Apr 29, 2026 Wingstop Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 29, 2026 Announcement • Mar 24
Wingstop Inc., Annual General Meeting, May 21, 2026 Wingstop Inc., Annual General Meeting, May 21, 2026. Announcement • Feb 18
Wingstop Inc. Declares Quarterly Dividend, Payable on March 27, 2026 On February 17, 2026, Board of Directors of Wingstop Inc. authorized and declared a quarterly dividend of $0.30 per share of common stock, resulting in a total dividend of approximately $8.3 million. This dividend will be paid on March 27, 2026 to stockholders of record as of March 6, 2026. Announcement • Jan 20
Wingstop Expands Hot Honey Lineup with New Trio of Flavors Wingstop is turning up the heat with a limited-time lineup that celebrates everything fans love about hot honey. The Hot Honey Trio, featuring Hot Honey Rub, Saucy Sriracha Hot Honey and Sweet Garlic Hot Honey, delivers distinct takes on the sweet-heat flavor profile, giving fans three ways to hot honey -- all made to order, always fresh. In fact, these flavors are so good that Wingstop is issuing a formal apologize for making it that difficult to choose just one. First introduced only a couple of years ago, Hot Honey Rub has already become a clear fan favorite, and now the brand is dialing it up. Whether guests stay loyal to the original or che checheche on their favorite, the trio delivers bold flavor for every moment, from game day to date night. Built around the idea that finding the right flavor is a lot like finding the right match, the Hot Honey Trio invites fans and their crew to explore, compare and pick their favorite - or skip the choice entirely and love all three. Hot Honey Rub - the classic dry rub delivering balanced heat and sweetness. Saucy Sriracha Hot honey - a fiery, saucy take on the OG, kicked up with sriracha heat. Sweet Garlic Hot Honey - a savory-sweet choice layered with garlic, honey and a touch of familiar heat. The Hot Honey Trio isn't just about flavor. It's about the experience of finding favorite, sharing wings with crew and turning everyday moments into something bigger. The lineup is available now for a limited time at Wingstop locations nationwide and through the Wingstop app and Wingstop.com. Announcement • Jan 16
Wingstop Inc. to Report Q4, 2025 Results on Feb 18, 2026 Wingstop Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 18, 2026 Announcement • Jan 14
Wingstop Inc. Announces Executive Changes On January 7, 2026, Wingstop Inc. (the “Company”) reinstated the role of Chief Operating Officer (the “COO”) with the appointment of Rajneesh (Raj) Kapoor, 55, previously President of International. Mr. Kapoor will oversee the Company’s domestic and international franchise development and operations, as well as the Company-owned and operated restaurants. Mr. Kapoor has served as Wingstop’s Senior Vice President, President of International since May 2023. Prior to joining Wingstop, he served as Senior Vice President, Fresh Food, Beverages, and Restaurants of 7-Eleven Inc. from January 2018 to April 2023. Prior to that, he served in various roles at 7-Eleven Inc. ranging from Information Technology to International during his 27 year tenure. On January 7, 2026, the Company reassigned duties and responsibilities of Marisa J. Carona, the Company’s Senior Vice President, Chief US Franchise Operations and Development Officer. In addition, the Company reassigned duties and responsibilities of Albert McGrath, the Company’s Senior Vice President, General Counsel and Secretary. Both individuals will remain employees through March 10, 2026. Their respective departures from the Company will qualify them for severance benefits under the Company’s Amended and Restated Executive Severance Plan. Announcement • Nov 14
Wingstop Sets Fall on Fire with Spicy Marg-Inspired Fiery Lime Flavor Wingstop announced that it is shaking things up with a bold limited-time flavor inspired by a spicy margarita. Now available nationwide, Fiery Lime is a crave worthy combination of red chili heat and tangy lime zest that channels the punch of the cocktail classic. Forget the dry turkey and egg nog, Wingstop is here with Fiery Lime - made for fans who want something bold, Fiery and unexpected. Whether it's friendsgiving, a watch party or the pregame before a night out, Wingstop brings the heat that transforms any gathering into the moment. Fiery Lime reminds fans that Wingstop doesn't follow seasonal rules, it re-writes them. Announcement • Sep 30
Wingstop Inc. to Report Q3, 2025 Results on Nov 04, 2025 Wingstop Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025 Announcement • Sep 03
Wingstop Launches Smoky Chipotle Rub, Bringing All-New Flavor to Season Opener Wingstop is taking game day to the next level with its latest Wingstop Drop: Smoky Chipotle Rub, the newest LTO flavor. Starting September 3 - just in time for kickoff - fans can lock in bold flavor, when ordering their game day wings. Inspired by the classic smoky BBQ taste with a kick of fire-roasted peppers, Smoky Chipotle Rub packs a punch. With hints of honey and paprika, the craveable dry rub hits on wings for both sweet and savory fans. Fans can try Smoky Chipotle Rub starting September 3 - available for a limited time. For this Thursday's game, Wingstop is giving fans a taste for free, offering five boneless wings with code FREEWINGS on any $25+ order at Wingstop.com or in the Wingstop app. Announcement • Aug 19
Wingstop Reveals Next Drop: BOGO Chicken Tenders Wingstop is doubling down on flavor with the next Wingstop drop - and this time, it is all about tenders. Starting August 18, 2025 through August 24, 2025, fans can score Wingstop's newest menu innovation (and more of it) with Buy-One-Get-One free 4-piece tenders. That's 8 tenders - hand sauced-and-tossed in any 12 bold, distinctive flavors to choose from. Fans can claim their BOGO free 4-piece tenders with promo code BOGOTENDERS when they add an a la carte 4-piece tender to their order at company website or in the Wingstop app - now, for a limited time. Announcement • Jul 02
Wingstop Inc. to Report Q2, 2025 Results on Jul 30, 2025 Wingstop Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 30, 2025 Announcement • May 13
Wingstop Restaurants, Inc. Kicks Off Summer with Mexican Street Spice LTO Wingstop is coming to the table with another bold flavor and a new big value, just in time for summer. Starting May 12, fans nationwide can get their hands on Mexican Street Spice - a limited-time-only flavor inspired by the taste of Mexican street corn - available on Wingstop's latest 20 for $20 deal featuring classic wings. This distinctive new flavor brings together a blend of spices, parmesan cheese and a kick of lime. Perfect for fans craving what made Wingstop famous - iconic flavor on cooked-to-order chicken wings - Mexican Street Spice can be sauced-and-tossed on Wingstop's classic wings, as well as the new crispy tenders and chicken sandwich. To celebrate the inspiration behind the flavor, Mexican Street Spice will also be offered on Wingstop's famous fried corn and fries for the ultimate flavor experience. Mexican Street Spice delivers bold taste without the heat, making it a crowd-pleaser that's perfect for sharing - or not. Announcement • May 01
Wingstop Inc. announces Quarterly dividend, payable on June 06, 2025 Wingstop Inc. announced Quarterly dividend of USD 0.2700 per share payable on June 06, 2025, ex-date on May 16, 2025 and record date on May 16, 2025. Announcement • Apr 04
Wingstop Inc. to Report Q1, 2025 Results on Apr 30, 2025 Wingstop Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 30, 2025 Announcement • Mar 26
Wingstop Inc., Annual General Meeting, May 22, 2025 Wingstop Inc., Annual General Meeting, May 22, 2025. Announcement • Mar 11
Wingstop Auctions Off First-Ever Bottle of Their Iconic Ranch, Complete with A Year's Supply Wingstop's iconic ranch isn't just a dip -- it is a fan industry and one of the flavor brand's most-talked-about menu items. For years, guests have asked for it to be bottled, and now - in honor of National Ranch Day - Wingstop is making history. The brand is auctioning off its first-ever " official" bottle of Wingstop ranch, complete with access to a year's supply of ranch refills. Wingstop ranch delivers a flavorful punch to every chicken wing, tender, sandwich or fry it touches. Made fresh in restaurants everyday, Wingstop's ranch is a true fan favorite. Announcement • Feb 24
Wingstop's New Crispy Tenders Are Changing the Flavor Game Wingstop is changing the flavor game with new, crispier chicken tenders, now available nationwide. Tender fans can say goodbye to bland, basic chicken tenders and get their hands on Wingstop's crispy tenders, hand sauced-and-tossed in one of Wingstop's 12 bold flavors, paired with the brand's iconic ranch dip for the ultimate flavor experience. Unlike the plain chicken tenders and strips across the market, Wingstop's new crispy tenders serve as a vehicle for the brand's craft-made sauces - fan-favorite Hot Honey Rub, tried-and-true OG Hot and legendary Lemon Pepper, to name a few. Knowing fans are craving quality and value, Wingstop's 3-piece tender combo is only $9.99, complete with seasoned fries, a drink and ranch that's made in house, each morning. For bigger cravings and groups, the new Flavor Feast bundle comes with 16 boneless wings and 6 crispy tenders, large fries and three dips for $23.99. Announcement • Feb 20
Wingstop Inc. announces Quarterly dividend, payable on March 28, 2025 Wingstop Inc. announced Quarterly dividend of USD 0.2700 per share payable on March 28, 2025, ex-date on March 07, 2025 and record date on March 07, 2025. Announcement • Jan 21
Wingstop Inc. to Report Q4, 2024 Results on Feb 19, 2025 Wingstop Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 19, 2025 Announcement • Dec 13
Domino’s Among Four Bidders Reportedly Targeting Wingstop UK Takeover Four bidders, including Domino's Pizza, Inc. (NYSE:DPZ), are circling to snap up fried chicken chain Wingstop’s (Wingstop Inc. (NasdaqGS:WING)) UK operation. It is understood the sale process could value Wingstop’s UK franchise at around £400 million. US investment group Sixth Street (Sixth Street Partners, LLC) and private equity firms KKR (KKR & Co. Inc. (NYSE:KKR)) and TSG Consumer Partners (TSG Consumer Partners, LP) are also targeting a potential takeover deal. Suitors for the business have a deadline of December 16 to table their final bids in order to strike a deal. Wingstop currently runs 56 sites across the UK after opening 17 sites this year as part of a rapid expansion programme. It was launched in the UK by Tom Grogan, Saul Lewin and Herman Sahota – who still hold a minority stake in the firm. The New York-listed Wingstop group operates more than 2,000 branches across its main US operation. The group holds a minority stake in UK master franchisee Lemon Pepper Holdings. The growing popularity for Wingstop comes amid continued growth by chicken chains in the UK, with Popeyes also rapidly opening new sites and new players such as Dave’s Hot Chicken and Chick-fil-A entering the market. Domino’s Pizza is among the potential buyers for Wingstop. In an investor presentation last December, Domino’s said that it would focus on growing its core pizza business but would also consider taking on a second brand if it saw “synergies” with its existing assets. Wingstop UK and Dominos Pizza group declined to comment. Sixth Street, KKR and TSG Consumer Partners have been contacted for comment. Declared Dividend • Nov 04
Third quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 15th November 2024 Payment date: 6th December 2024 Dividend yield will be 0.3%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 23%. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: US$0.88 (vs US$0.66 in 3Q 2023) Third quarter 2024 results: EPS: US$0.88 (up from US$0.66 in 3Q 2023). Revenue: US$162.5m (up 39% from 3Q 2023). Net income: US$25.7m (up 32% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Sep 27
Wingstop Inc. to Report Q3, 2024 Results on Oct 30, 2024 Wingstop Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 30, 2024 Announcement • Aug 27
Wingstop to Deliver Bold, Distinctive Flavors with Their Latest LTO – Sweet Bbq Blaze The Flavor Experts at Wingstop continue to deliver bold, distinctive flavors with their latest LTO – Sweet BBQ Blaze – that only Wingstop can pull off. Sweet BBQ Blaze is available nationwide beginning August 26, just in time for football season. Reinventing a classic wing flavor to deliver the most craveable flavor experience, Wingstop's Sweet BBQ Blaze combines sweet and spice by dusting a dry rub seasoning on top of a wet sauce, creating a bold flavor inspired by two distinct BBQ regions – Kansas City and Nashville. The result A flavor that is sweet, smoky and unexpected, ready to be hand sauced-and-tossed on Wingstop's cooked-to-order wings, chicken sandwiches and tenders. Wingstop's Sweet BBQ Blaze makes for the ultimate watch party or tailgate indulgence with options for everyone – chicken sandwiches, tenders, boneless wings and classic wings, with housemade ranch for dipping. Sweet BBQ Blaze is available nationwide on Wingstop.com or the Wingstop app for a limited time while the flavor lasts. Recent Insider Transactions • Aug 12
Insider recently sold €1.1m worth of stock On the 8th of August, Donnie Upshaw sold around 3k shares on-market at roughly €342 per share. This transaction amounted to 97% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.8m more than they bought in the last 12 months. Declared Dividend • Aug 05
Second quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 16th August 2024 Payment date: 6th September 2024 Dividend yield will be 0.3%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 24%. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.94 (vs US$0.54 in 2Q 2023) Second quarter 2024 results: EPS: US$0.94 (up from US$0.54 in 2Q 2023). Revenue: US$155.7m (up 45% from 2Q 2023). Net income: US$27.5m (up 70% from 2Q 2023). Profit margin: 18% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 33% per year. Announcement • Jul 10
Wingstop's Hot Honey Rub Is Now A Permanent Menu Item Wingstop announced that its famous Hot Honey Rub flavor - a fiery dry rub that delivers sweetness with a mouthwatering kick of heat - is now a permanent menu item. Due to an outpouring of love from fans, celebrities and athletes, Hot Honey Rub will be a permanent flavor on Wingstop's menu nationwide, available to be hand sauced-and-tossed on classic and boneless wings, tenders and the chicken sandwich. Appearing on the menu three times since 2022 due to popular demand, Hot Honey Rub is Wingstop's top-performing LTO flavor of all time and consistently ranks as a fan-favorite on the chicken sandwich, with 12 others to choose from. Giannis returned to Instagram, announcing to fans that he made some calls, and the bold, distinctive flavor of Hot Honey Rub is here to stay. Announcement • Jul 04
Wingstop Inc. to Report Q2, 2024 Results on Jul 31, 2024 Wingstop Inc. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 31, 2024 Recent Insider Transactions • May 12
Senio VP recently sold €1.0m worth of stock On the 8th of May, Albert McGrath sold around 3k shares on-market at roughly €369 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €5.3m more than they bought in the last 12 months. Declared Dividend • May 05
First quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 16th May 2024 Payment date: 7th June 2024 Dividend yield will be 0.2%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 30%. Cash payout ratio: 31%. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.98 (vs US$0.52 in 1Q 2023) First quarter 2024 results: EPS: US$0.98 (up from US$0.52 in 1Q 2023). Revenue: US$145.8m (up 34% from 1Q 2023). Net income: US$28.7m (up 84% from 1Q 2023). Profit margin: 20% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 17
Wingstop Elevates 4/20 with New Strain of T.H.C. (The Hot Chili) Rub Wingstop announced in celebration of 4/20, it is taking munchies to new highs with an elevated flavor experience to satisfy cravings nationwide. Available April 18, 2024 to April 21, 2024, the Flavor Experts are bringing back the Wingstop Hot Box, featuring their newest strain of T.H.C. (The Hot Chili) Rub. Wingstop recognizes that fans love to celebrate this special day with Wingstop's flavors in hand. The cooked-to-order Wingstop Hot Box will spark up fans' taste buds with their choice of the iconic chicken sandwich, 8-piece classic or boneless wings or 3-piece tenders. The craveable Wingstop Hot Box comes hand sauced-and-tossed in the new strain of T.H.C. (The Hot Chili) Rub, combining the fiery zest of chili peppers with a secret blend of herbs and spices, paired with a side of Wingstop's iconic ranch, seasoned fries and a 20 oz drink. The Wingstop Hot Box and T.H.C (The Hot Chili) Rub flavor can be ordered on Wingstop.com or the Wingstop app, while supplies last. Announcement • Apr 05
Wingstop Inc., Annual General Meeting, May 23, 2024 Wingstop Inc., Annual General Meeting, May 23, 2024, at 09:00 Central Standard Time. Agenda: To elect three Class III directors nominated by the Board of Directors for a term that expires at the 2027 Annual Meeting of Stockholders; to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2024; to approve, on an advisory basis, the compensation of the Company’s named executive officers; and to consider and act upon such other business as may properly come before the Annual Meeting or any adjournments, postponements, or recesses thereof. Announcement • Apr 03
Wingstop Inc. to Report Q1, 2024 Results on May 01, 2024 Wingstop Inc. announced that they will report Q1, 2024 results Pre-Market on May 01, 2024 Upcoming Dividend • Feb 29
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (2.9%). Recent Insider Transactions • Feb 26
President recently sold €1.9m worth of stock On the 23rd of February, Michael Skipworth sold around 6k shares on-market at roughly €312 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Michael has been a net seller over the last 12 months, reducing personal holdings by €2.9m. Declared Dividend • Feb 26
Fourth quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 7th March 2024 Payment date: 29th March 2024 Dividend yield will be 0.3%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 32%. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$2.36 (vs US$1.77 in FY 2022) Full year 2023 results: EPS: US$2.36 (up from US$1.77 in FY 2022). Revenue: US$460.1m (up 29% from FY 2022). Net income: US$70.2m (up 33% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 40% per year. Announcement • Jan 23
Wingstop Inc. to Report Q4, 2023 Results on Feb 21, 2024 Wingstop Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 21, 2024 Announcement • Jan 05
Wingstop Introduces Dry Rub January Wingstop introduced Dry Rub January - challenging fans to indulge in Wingstop's signature dry rubs on cooked-to-order wings, chicken tenders and chicken sandwiches all month long, for a flavor experience to enhance the New Year. Between Wingstop's three iconic dry rub flavors, there are plenty of seasonings for fans to get their hands on, while still getting their craveable housemade ranch. Lemon Pepper: Zesty lemon. Cracked black pepper. The ultimate gateway flavor. Garlic Parmesan: Savory garlic, buttery parmesan. Simple, potent and delicious. Louisiana Rub: A crispy, spiced dry rub, with a distinctly Cajun drawl. Upcoming Dividend • Nov 09
Upcoming dividend of US$0.22 per share at 0.4% yield Eligible shareholders must have bought the stock before 16 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.8%). Announcement • Nov 08
Wingstop Pairs Spicy and Sweet with New Maple Sriracha Flavor Wingstop Inc. added Maple Sriracha to its flavor roster for a limited time beginning on November 6, 2023, with the perfect, unexpected pairing of sweet and heat. The new flavor attracts two Oppites, uniting sweet maple with a fiery Sriracha heat, available on cooked-to-order, sauces-and-tossed chicken sandwiches, classic or boneless wings, and crispy tenders. The Flavor Experts have seen the success of sweet heat flavor profiles, with menu staple Mango Habanero and fan-obsessed Hot Honey Rub, a previously offered limited-time only flavor. With Sriracha deemed the topiment for 2023, Wingstop introduces their very own take on the fastest-growing flavor trend. Wingstop's new Maple Sriracha flavor launches just in time for cuffing season, where - just like the best relationships - Oppites attract. Wingstop will spice up date night, soon debuting a craveable deal that is perfect for a party of two, and a Sweet or Heat card game, serving as the ultimate entertainment to complement the flavor. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.66 (vs US$0.45 in 3Q 2022) Third quarter 2023 results: EPS: US$0.66 (up from US$0.45 in 3Q 2022). Revenue: US$117.1m (up 26% from 3Q 2022). Net income: US$19.5m (up 46% from 3Q 2022). Profit margin: 17% (up from 14% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Oct 05
Wingstop Inc. to Report Q3, 2023 Results on Nov 01, 2023 Wingstop Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 01, 2023 Recent Insider Transactions • Sep 14
Insider recently sold €1.0m worth of stock On the 11th of September, Donnie Upshaw sold around 7k shares on-market at roughly €154 per share. This transaction amounted to 97% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.6m more than they bought in the last 12 months. Announcement • Aug 30
Wingstop Inc. Restaurants Inc. Launches the Cajun Meal Deal Wingstop Inc. launched the Cajun Meal Deal -- a new menu innovation that packs everything fans crave into one easy-to-indulge box, smothered in extra flavor. Only available at Wingstop, the meal comes in fans' choice of a cooked-to-order chicken sandwich, classic wings, boneless wings or crispy fries with craveable loaded fries, drizzled with Wingstop's signature ranch, melty cheese and bold Cajun seasoning. Available in U.S. restaurants for a limited time, this meal -- complete with a cold beverage -- is packed with flavor at a compelling value, starting at just $8.99. The Cajun Meal Deal can be ordered on Wingstop.com or the Wingstop app. Announcement • Aug 18
Wingstop Inc. (NasdaqGS:WING) announces an Equity Buyback for $250 million worth of its shares. Wingstop Inc. (NasdaqGS:WING) announces a share repurchase program. Under the program, the company will repurchase up to $250 million worth of its outstanding shares of common stock. The company expects to fund repurchases with a combination of existing cash and cash equivalents and cash flows from operations. Upcoming Dividend • Aug 10
Upcoming dividend of US$0.22 per share at 0.5% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.3%). Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.54 (vs US$0.45 in 2Q 2022) Second quarter 2023 results: EPS: US$0.54 (up from US$0.45 in 2Q 2022). Revenue: US$107.2m (up 28% from 2Q 2022). Net income: US$16.2m (up 22% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Jul 06
Wingstop Inc. to Report Q2, 2023 Results on Aug 02, 2023 Wingstop Inc. announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 02, 2023 Upcoming Dividend • May 11
Upcoming dividend of US$0.19 per share at 0.4% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.2%). Recent Insider Transactions • May 09
President recently sold €928k worth of stock On the 5th of May, Michael Skipworth sold around 5k shares on-market at roughly €189 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Announcement • May 04
Wingstop Inc. Declares Quarterly Cash Dividend, Payable on June 9, 2023 On May 2, 2023, Wingstop Inc.’s Board of Directors (the “Board”) declared a quarterly cash dividend of $0.19 per share of common stock. The dividend is payable on June 9, 2023 to stockholders of record as of the close of business on May 19, 2023. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$0.52 (vs US$0.29 in 1Q 2022) First quarter 2023 results: EPS: US$0.52 (up from US$0.29 in 1Q 2022). Revenue: US$108.7m (up 43% from 1Q 2022). Net income: US$15.7m (up 81% from 1Q 2022). Profit margin: 14% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 02
Upcoming dividend of US$0.19 per share at 0.4% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.2%). Recent Insider Transactions • Mar 01
Senior VP & Chief Growth Officer recently sold €535k worth of stock On the 24th of February, Marisa Carona sold around 3k shares on-market at roughly €161 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: US$1.77 (vs US$1.43 in FY 2021) Full year 2022 results: EPS: US$1.77 (up from US$1.43 in FY 2021). Revenue: US$357.5m (up 27% from FY 2021). Net income: US$52.9m (up 24% from FY 2021). Profit margin: 15% (in line with FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year. Announcement • Jan 25
Wingstop Inc. to Report Q4, 2022 Results on Feb 22, 2023 Wingstop Inc. announced that they will report Q4, 2022 results at 10:00 AM, Eastern Standard Time on Feb 22, 2023 Announcement • Dec 06
Wingstop Debuts New Flavor That Tastes as Good as Gold Wingstop stepped up its flavor game, this time with its new limited-time flavor Carolina Gold BBQ that's said to taste as good as gold. Inspired by the southern BBQ traditions of the Carolinas, Wingstop applied its flavor expertise to concoct a bold, distinct spin on a familiar classic, available in restaurants nationwide while supplies last. Barbecue is popular from coast to coast, but each region has its distinct traditions, techniques and ingredients that make their sauces unique. Traditional Carolina Gold barbecue sauce is exactly that, with roots in South Carolina, and is defined by a distinct mustard base and tangy flavor profile. Wingstop's version is a unique spin on a classic, yet appeals to the masses in a way that only Wingstop can -- begging to be tasted to capture the full sensorial experience. Recent Insider Transactions • Nov 19
Executive VP recently sold €499k worth of stock On the 17th of November, Stacy Androes sold around 3k shares on-market at roughly €156 per share. This transaction amounted to 62% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.6m more than they bought in the last 12 months. Announcement • Nov 09
Wingstop Inc. Announces the Resignation of Stacy Peterson as Executive Vice President, Chief Revenue & Technology Officer, Effective from December 2, 2022 On November 4, 2022, Stacy Peterson, Executive Vice President, Chief Revenue & Technology Officer of Wingstop Inc., delivered to the Company notice of her resignation effective December 2, 2022 to become Chief Executive Officer of a private equity-sponsored, non-competitive company. Upcoming Dividend • Nov 02
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 09 November 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.0%). Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$0.45 (vs US$0.38 in 3Q 2021) Third quarter 2022 results: EPS: US$0.45 (up from US$0.38 in 3Q 2021). Revenue: US$92.7m (up 41% from 3Q 2021). Net income: US$13.4m (up 18% from 3Q 2021). Profit margin: 14% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 28% per year. Announcement • Oct 27
Wingstop Inc. Revises Earnings Guidance for the Fiscal Year Ended December 31, 2022 Wingstop Inc. revised earnings guidance for the fiscal year ended December 31, 2022. For the period, the company increased its guidance for diluted earnings per share to be between $1.61 and $1.63, previously between $1.55 to $1.57 and Low-single digit domestic same store sales growth. Announcement • Sep 16
Wingstop Names Craig Sherwood as SVP of US Development Wingstop announced the appointment of Craig Sherwood as its SVP of U.S. Development. Craig will lead domestic development and focus on executing Wingstop's domestic development playbook through new and existing franchisees as the brand scales its U.S. footprint. Craig previously served as the VP of U.S. Development at Little Caesars Enterprises Inc. where he oversaw all aspects of domestic franchise development, real estate and construction. He also served as the Chief Development Officer at Gold's Gym and held various development-focused roles at other franchised brands including Sonic Drive-In and Yum! Brands. Announcement • Aug 31
Wingstop Inc. Debuting Their Signature Chicken Sandwich in Restaurants Nationwide Wingstop Inc. announced that it is debuting their signature chicken sandwich in restaurants nationwide, with 12 mouthwatering flavors to choose from. Fans will be begging to split from their current and tired weekly "lunch date" to get their hands on Wingstop's crispy chicken sandwich that's hand sauced-and-tossed in a Lemon Pepper punch, OG Hot kick, Mango Habanero heat, or Hickory Smoked BBQ bliss to name a few – served with the brand's iconic ranch for dipping. The brand prides itself on cooked-to-order, hand sauced-and-tossed products where each meal is specially crafted to guests' liking, and the Wingstop Chicken Sandwich is no different. The sandwich is the full package, with a toasted bun and crunchy pickles, complementing whichever iconic flavor fans choose. And, what's more, the flavor experience is taken up a notch when dunked in a side of Wingstop's iconic scratch-made ranch.Whether on the go for lunch or treating the family to Wingstop for dinner, the a la carte Wingstop Chicken Sandwich with a dip costs only $5.49. Fans craving the combo can get the sandwich and dip alongside hand-cut fries and a drink for just $7.99. A break up has never been so easy. Announcement • Aug 13
Wingstop Inc. Announces Resignation of Nicolas Boudet, Senior Vice President and President of International, Effective August 26, 2022 On August 8, 2022, Nicolas Boudet, Senior Vice President and President of International of Wingstop Inc., notified the Company of his resignation effective August 26, 2022. The Company has commenced a review of internal and external candidates to succeed Mr. Boudet. Upcoming Dividend • Aug 04
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.7%). Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: US$0.45 (vs US$0.38 in 2Q 2021) Second quarter 2022 results: EPS: US$0.45 (up from US$0.38 in 2Q 2021). Revenue: US$83.8m (up 13% from 2Q 2021). Net income: US$13.3m (up 18% from 2Q 2021). Profit margin: 16% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 28%, compared to a 685% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Jul 15
Wingstop in Elects Ania Smith as Class II Director On July 13, 2022, the Board of Directors of Wingstop Inc. voted to increase the size of the Board from eight to nine members and elected Ms. Ania Smith as a Class II director, effective immediately, to fill the new position authorized by the Board. Ms. Smith has served as CEO of Taskrabbit, a global digital platform owned by Ingka (IKEA) that instantly connects people seeking help with household tasks such as furniture assembly, handy work and moving services with those who can provide such assistance, since August 2020. Prior to her current role, she was Director, Head of Courier Operations at Uber from August 2019 to June 2020. From April 2015 to May 2018, Ms. Smith held several positions at Airbnb including Head of Business Operations, North America; Operations, Host Services; and Senior Lead, Host Growth. Ms. Smith has been a Council Board Member with Ingka US (IKEA) since April 2022. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improved over the past week After last week's 21% share price gain to €88.50, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 17x in the Hospitality industry in Europe. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €88.84 per share. Announcement • Jul 01
Wingstop Inc. to Report Q2, 2022 Results on Jul 28, 2022 Wingstop Inc. announced that they will report Q2, 2022 results Pre-Market on Jul 28, 2022 
