Wingstop Inc
NASDAQ:WING
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Gross Margin
Wingstop Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 8.5B USD |
Gross Margin |
85%
|
Country | US |
Market Cap | 209.7B USD |
Gross Margin |
57%
|
Country | US |
Market Cap | 99.7B USD |
Gross Margin |
27%
|
Country | US |
Market Cap | 84.4B USD |
Gross Margin |
32%
|
Country | UK |
Market Cap | 45.4B GBP |
Gross Margin |
0%
|
Country | US |
Market Cap | 37.1B USD |
Gross Margin |
49%
|
Country | CA |
Market Cap | 30.1B USD |
Gross Margin |
61%
|
Country | US |
Market Cap | 22.2B USD |
Gross Margin |
21%
|
Country | CN |
Market Cap | 18.5B USD |
Gross Margin |
42%
|
Country | IN |
Market Cap | 1.3T INR |
Gross Margin |
59%
|
Country | US |
Market Cap | 14.7B USD |
Gross Margin |
39%
|
Wingstop Inc
Glance View
Wingstop Inc. began its journey in 1994 as a single buffalo-style chicken wing restaurant in Garland, Texas. Since its inception, the company has flown beyond its humble beginnings, embracing a simple yet powerful business model—focusing intensely on the preparation and delivery of high-quality, bold-flavored chicken wings. By concentrating on a core menu of wings, seasoned fries, and complementary sides, Wingstop has capitalized on the fast-casual dining trend. The company's strategy, rooted in consistently executing its signature recipes along with robust digital platforms, has allowed it to expand rapidly across North America and into international markets. As Wingstop franchises more than 90% of its locations, its primary revenue streams stem from initial franchise fees, ongoing royalty payments, and national advertising fund contributions from its franchisees. A significant component of Wingstop's growth lies in its adeptness at digital transformation. This places an emphasis on leveraging technology to enhance customer experience and operational efficiency. With the rise of online ordering and delivery services, Wingstop has mastered the art of balancing traditional in-store dining with cutting-edge online ordering systems, plumping up sales, and broadening its customer base. Moreover, by fostering a strong brand identity and community engagement through innovative marketing efforts, Wingstop seeks to drive customer loyalty and sustain its competitive edge in the crowded restaurant sector. As a result, the company continues to expand its footprint, sustained by a combination of strategic franchise partnerships and a commitment to maintaining an exhilarating customer experience through its renowned wings and flavors.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Wingstop Inc's most recent financial statements, the company has Gross Margin of 85.1%.