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Stock impact report

You Won't Believe How Wingstop Generated Over 70% of Its Orders Last Quarter [Yahoo! Finance]

Wingstop Inc. (WING) 
Last wingstop inc. earnings: 2/19 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.wingstop.com/overview/default.aspx
Company Research Source: Yahoo! Finance
While growth is the name of the game for the company, there's a subtle, but important, trend that's also helping to propel its success. Here's why opening 349 new locations in 2024 was big and, at the same time, not nearly as notable as how 70% of the company's sales originated in the fourth quarter. Before getting to the 70% figure, it is important to highlight just how impressive Wingstop's growth has been. In 2024 it opened 349 locations, which is nearly one new store every day of the year. That's a pretty massive level of activity and it increased the restaurant's store count by nearly 16%. Each new store contributes materially to the top line, which is why it is so important to track such activity. In 2024, Wingstop's sales rose a huge 36% over their 2023 level. But there is a risk to opening lots of new locations if management lets that effort consume too much of its attention. It isn't uncommon for small, fast growing restaurants to see performance at existing locations f Show less Read more
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