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Wingstop Reports Increase In Six Years Of Comparable Stores Sales

FBR Staff Writer Published 06 July 2009

Company achieves double digit increases in 13 of the 24 quarters

Wingstop, a Dallas-based chicken wing chain, has reported six years of increased comparable stores sales. Wingstop ended the most recent quarter at a positive 3.3%.

Currently the company has 420 stores open and 200 restaurants under development in a total of 33 states in the US as compared to 122 restaurants open in 18 states in the US, six years ago.

James Flynn, president and CEO of Wingstop, said: “It’s a testament to everyone involved - our brand partners, our loyal patrons, our crewmembers and our corporate team, that Wingstop continues to open new restaurants, reach new customers and increase sales each quarter.

“Wingstop has taken a simple concept and straightforward business model with a strong focus on carryout service, and grown from a few restaurants in Texas to an international brand. We look forward to serving another 1.7 billion wings to our guests.”

Flynn, noted that the company has achieved double digit increases in 13 of the 24 quarters.

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