Wingstop

Wingstop is a franchisor and operator of restaurants that specialize in cooked-to-order, hand-sauced and tossed chicken wings. The Company offers its guests with on bone-in and boneless chicken wings paired with hand-cut, seasoned fries and sides. Wingstop is a casual chicken wings-focused restaurant chain with various concepts, which include wings as add-on menu items or focus on wings in a bar or sports-centric setting. The flavors include Atomic, Mango Habanero, Cajun, Louisiana Rub, Mild, Hickory Smoked BBQ, Lemon Pepper, Garlic Parmesan, Hawaiian and Teriyaki. It offers various order options, including eat-in, to go, individual, combo meals and family packs. Wingstop operates through two segments: Franchise and Company. The Franchise segment consists of its domestic and international franchise restaurants, which represent the majority of its system-wide restaurants. The Company segment consists of company-owned restaurants, which are located only in the United States.

Type
Public
HQ
Dallas, US
Founded
1994
Size (employees)
479 (est)+12%
Wingstop was founded in 1994 and is headquartered in Dallas, US

Wingstop Office Locations

Wingstop has an office in Dallas
Dallas, US (HQ)
5501 Lyndon B Johnson Fwy

Wingstop Data and Metrics

Wingstop Financial Metrics

Wingstop's revenue was reported to be $26.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

26.6 m

Gross profit (Q1, 2017)

20 m

Gross profit margin (Q1, 2017), %

75%

Net income (Q1, 2017)

6.5 m

EBIT (Q1, 2017)

9 m

Market capitalization (17-Aug-2017)

1 b

Cash (01-Apr-2017)

3.4 m
Wingstop's current market capitalization is $1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

78 m91.4 m

Revenue growth, %

17%

Cost of goods sold

22.2 m25.3 m

Gross profit

55.8 m66.1 m

Gross profit Margin, %

72%72%

General and administrative expense

33.4 m33.8 m

Operating expense total

58.3 m62.2 m

EBIT

19.7 m29.2 m

EBIT margin, %

25%32%

Interest expense

3.5 m4.4 m

Pre tax profit

15.8 m24.6 m

Income tax expense

4.5 m5.3 m5.7 m9.1 m

Net Income

10.1 m15.4 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

19.2 m19.1 m22.1 m22.7 m21.8 m26.6 m

Cost of goods sold

5.5 m5.3 m6.1 m6.2 m6.1 m6.6 m

Gross profit

13.7 m13.8 m16 m16.5 m15.7 m20 m

Gross profit Margin, %

71%72%72%73%72%75%

General and administrative expense

10.7 m7.3 m7.7 m8.6 m8.9 m10.3 m

Operating expense total

10.7 m7.3 m7.7 m8.6 m8.9 m10.3 m

EBIT

2.4 m5.9 m7.6 m7.2 m6.1 m9 m

EBIT margin, %

13%31%35%32%28%34%

Interest expense

1.2 m800 k761 k707 k1.4 m1.3 m

Pre tax profit

972 k5 m6.8 m6.5 m4.5 m7.7 m

Income tax expense

388 k1.8 m2.5 m2.4 m1.7 m1.1 m

Net Income

3.1 m6.3 m4.3 m8.4 m11.1 m6.5 m
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016

Cash

4.3 m3.2 m9.7 m10.7 m3.8 m

Accounts Receivable

3.4 m3.2 m

Inventories

1.8 m1.6 m

Current Assets

19.6 m11.1 m

PP&E

4.6 m5 m

Goodwill

45.1 m45.1 m

Total Assets

121.1 m111.8 m

Accounts Payable

1.4 m1.5 m

Current Liabilities

12.6 m16.7 m

Total Liabilities

186.4 m

Additional Paid-in Capital

36.9 m1.2 m

Retained Earnings

(46.8 m)(76.1 m)

Total Equity

(9.7 m)(74.6 m)

Financial Leverage

-12.5 x-1.5 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

4.9 m5.7 m8.3 m10 m3.8 m3.4 m

Accounts Receivable

2.6 m2.4 m2.6 m2.6 m2.5 m3.3 m

Current Assets

16.2 m15.4 m16 m16.3 m11.4 m12.9 m

PP&E

3.3 m4.5 m4.5 m4.8 m4.9 m5 m

Goodwill

45.1 m45.1 m45.1 m45.1 m45.1 m45.1 m

Total Assets

117.4 m117.2 m116.6 m116.8 m112.3 m113.2 m

Accounts Payable

1.2 m1.3 m1.4 m1.6 m1.7 m1.8 m

Current Liabilities

10.2 m11.8 m14.1 m9.6 m15.9 m16.4 m

Additional Paid-in Capital

36.1 m36 m37.5 m38.1 m185 k2 m

Retained Earnings

(53.8 m)(50.6 m)(42.5 m)(38.5 m)(80.4 m)(69.6 m)

Total Equity

(17.4 m)(14.3 m)(4.8 m)(99 k)(79.9 m)(67.3 m)

Financial Leverage

-6.7 x-8.2 x-24.4 x-1179.4 x-1.4 x-1.7 x
USDFY, 2015FY, 2016

Net Income

10.1 m15.4 m

Depreciation and Amortization

2.7 m3 m

Accounts Receivable

(1 m)205 k

Inventories

5.4 m1.8 m

Accounts Payable

1.2 m3.6 m

Cash From Operating Activities

967 k22.2 m

Purchases of PP&E

(1.9 m)(2.1 m)

Long-term Borrowings

(38.2 m)(109.3 m)

Dividends Paid

(48 m)(83.3 m)

Interest Paid

3.4 m4.8 m

Income Taxes Paid

5.4 m7.2 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.1 m6.3 m4.3 m8.4 m11.1 m6.5 m

Depreciation and Amortization

1.3 m1.9 m714 k1.4 m2.2 m755 k

Accounts Receivable

(197 k)(4 k)848 k823 k875 k(60 k)

Accounts Payable

(1 m)834 k1.6 m(315 k)961 k(2.4 m)

Cash From Operating Activities

863 k7.9 m7.5 m9.3 m15.1 m5.4 m

Purchases of PP&E

(333 k)(1.3 m)(309 k)(975 k)(1.5 m)(419 k)

Long-term Borrowings

(33.2 m)(38.2 m)(10 m)(10 m)(102.5 m)(5.9 m)

Dividends Paid

(48 m)(48 m)(83.3 m)
Y, 2017

Financial Leverage

-1.7 x

Wingstop Market Value History

Traffic Overview of Wingstop

Wingstop Online and Social Media Presence

Wingstop News and Updates

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Wingstop Company Life and Culture

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