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Restaurant Industry News
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Wednesday January 7th, 2009 |
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Wingstop Soars with 21 Consecutive Quarters of Comp Store Sales Increases
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The successive increase for the third quarter of 2008 was 6.4 percent, and the first three quarters combined is up 7.4 percent over the same period last year. |
Wingstop President and CEO James A. Flynn announced today that for the 21st consecutive quarter comp store sales have increased.
The successive increase for the third quarter of 2008 was 6.4 percent, and the first three quarters combined is up 7.4 percent over the same period last year.
'These numbers speak to our convention theme this year, 'Good to Great in '08',' said Flynn. 'We feel really good about these numbers going into our busiest time of year, football and basketball seasons. And, compared to the rest of the market, these numbers are especially significant.'
Flynn pointed to current industry news. Nation's Restaurant News recently reported new data on Sept. 18 by the International Foodservice Manufacturers Association and Technomic Inc., that only nine percent of 663 restaurant operators surveyed in August indicated they held an optimistic outlook for the foodservice industry over the next 12 months.
'Given the current economic firestorm, we are grateful for our loyal patrons. We plan to just keep our heads down performing the basics of running excellent locations,' said Flynn.
Flynn will be honored this month with a Golden Chain award at this year's MUFSO conference.
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