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Stock impact report

Wingstop could soon raise its own chickens [CNN]

Wingstop Inc. (WING) 
Last wingstop inc. earnings: 2/19 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.wingstop.com/overview/default.aspx
Company Research Source: CNN
Restaurant brands like Wingstop have struggled with their supply chains in recent years, as the Covid-19 pandemic extreme weather and the war in Ukraine , among other factors, have tightened food supplies and sent prices soaring. That pain has been especially significant for a chain like Wingstop, which specializes in one type of food. During an investor day Tuesday, the company discussed its efforts to strengthen its supply chain. One tactic is already in place: Making use of more parts of a chicken, a move it experimented with via "Thighstop," a virtual brand that served crispy thighs to customers who ordered on a dedicated Thighstop website or through DoorDash. Those items have since been added to Wingstop's regular menu. Other potential solutions are now on the table, including becoming its own chicken supplier. "There's ... scenarios that could include an acquisition of a small poultry complex or building our own poultry complex," said Wingstop CFO Alex Kaleida during Tues Show less Read more
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