Wingstop Inc.

Wingstop Inc. is the world's largest fast casual chicken wings-focused restaurant chain, operating over 3,050 locations globally. The company, which began in Garland, Texas in 1994 and started franchising in 1997, serves classic wings, boneless wings, tenders, and chicken sandwiches. These items are always cooked to order and hand-sauced-and-tossed in 12 distinct flavors. Wingstop also offers seasoned fries, fresh, hand-cut carrots and celery, and in-house made ranch and bleu cheese dips. The company does not use heat lamps or microwaves in food preparation. Wingstop Inc. primarily operates as a franchisor, with approximately 98% of its restaurants owned and operated by independent franchisees. The company generates revenue by charging royalties, advertising fees, and franchise fees to its franchisees, and by operating a number of its own restaurants. For reporting purposes, Wingstop operates in a single segment. Wingstop Inc.'s common stock has traded on the Nasdaq Global Select Market under the symbol "WING" since 2015.