April 5, 2011
Texas-based Wingstop released its first quarter 2011 results, which included a same-store sales increase of 2.5 percent over the same quarter last year.
The 480-unit chain's numbers were buoyed by Super Bowl Sunday, as it sold a record-number 5 million-plus wings for the occasion.
Wingstop has also opened six new stores and awarded development agreements for 31 new locations since January. Additionally, the company's international spokesman, Troy Aikman, joined the Wingstop Board of Directors in February.
Continuing this momentum, the company will introduce a new, limited-time-only menu item in mid-April, launch its first iPhone application this summer and open its 500th location in the fall.
"Last year was definitely one for the books, and 2011 is off to an even stronger start," said Jim Flynn, Wingstop CEO. "We have so many milestones on the horizon, especially opening our 500th location. I give all credit to the corporate team, our hard-working franchise system of Brand Partners and our guests for appreciating the quality of a fresh, made-to-order product."
The company has experienced same-store sales growth for seven consecutive years and 30 of the past 31 quarters.