Wingstop Inc. saw a 5.6% decline in U.S. same-store sales in the third quarter of 2025, following record growth in the previous two years. CEO Michael Skipworth believes the downturn is temporary, with a focus on long-term growth goals like reaching 10,000 global restaurants from the current 3,000.
Despite challenges, Wingstop remains optimistic about future growth, particularly in new international markets like India. The company anticipates 3 to 4% same-store sales declines for the year due to broader economic softening, but expects stabilization after the fourth quarter.
As Wingstop navigates shifts in consumer trends, the company is targeting wealthier customers with incomes of $75,000 or higher. By focusing on this demographic, Wingstop aims to position the brand for sustained growth in the future.
For the third quarter of 2025, Wingstop reported a 10.7% increase in net income to $28.5 million, with earnings per share rising to $1.02 from 88 cents in the same period last year. Total revenue also increased by 8.1% to $175.7 million.
Read more at Yahoo Finance: Wingstop’s same-store sales drop 5.6% as chain normalizes after record two-year growth
