Q2 2026 Wingstop Inc Earnings Call Transcript
Key Points
- Wingstop Inc (WING) launched Club Wingstop, its first loyalty program, which exceeded enrollment expectations by 22% and represents nearly half of first-party digital sales.
- The company saw strong international growth, surpassing 100 restaurants in the UK and opening a flagship restaurant in Singapore, with plans to enter India and Poland.
- Wingstop Inc (WING) reported a 12.5% increase in adjusted EBITDA to $66.6 million, showcasing strong financial performance despite challenges.
- The company is focusing on flavor innovation, with new offerings like Citrus Moho and Sweet Heat Chamoy driving guest engagement.
- Wingstop Inc (WING) maintained strong unit economics, with a record development pipeline and plans to open more than 300 restaurants in the US over the next year.
- Same-store sales declined by 7.5% in the second quarter, falling short of expectations due to pressure on core guests.
- The company is exposed to consumers in urban areas who are disproportionately impacted by inflation, leading to a 9% decline in digital guest visits in these areas.
- Despite improvements in speed and consistency, the anticipated lift from third-party delivery platforms was not realized.
- The company had to adjust its domestic same-store sales outlook to a decline of 4 to 6% for the year due to macroeconomic pressures.
- Wingstop Inc (WING) faced challenges in effectively communicating value to consumers, impacting sales trends.
Good morning, ladies and gentlemen, and thank you for standing by.
Welcome to Wing Top, excuse me, Wing Stop.
Inc's fiscal second quarter 2026 earnings conference call.
All participants will be in listen-only mode.
Should you need assistance, please signal a conference specialist by pressing the star key, followed by 0.
Please note that this conference is being recorded today, Wednesday, July 29th, 2026.
On the call today are Michael Skipworth, President and Chief Executive Officer, Alex Kaleida, Senior Vice President and Chief Financial Officer, and Sarah Niehaus, Senior Director of Investor Relations.
I would now like to turn the conference over to Sarah.
Please go ahead.
Thank you and welcome to the fiscal second quarter 2026 earnings conference call for Wingstop.
Our results were published earlier this morning and are available on our investor relations website at ir.wingstop.com.
Our discussion today includes
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