(Bloomberg) -- Chicken-wing chain Wingstop Inc. is actively looking at the potential purchase of a poultry company in order to better control the volatile cost of chicken. Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneElon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt BurdenWalmart Flashes a Warning Sign to the Entire Consumer EconomyUS Set to Block Russian Debt Payments, Raising Odds of DefaultElon Musk Does Not Care About Spam BotsWingstop still
Wingstop Inc. said Monday it has signed an agreement for the development rights for South Korea and plans to open 60 restaurants over a 10-year period. The fast-casual wing restaurant chain said the plan sees the potential for 200 to 250 total restaurants in South Korea with the first expected to open in 2023. "Wingstop's industry-leading digital business will reach the masses through use of its sophisticated tech stack -- for both in-restaurant and off-premise occasions -- playing to Korea's hi
Wingstop (Nasdaq: WING) – the rapidly-growing and technology-forward fast casual wing restaurant – today announced an agreement for the development rights for South Korea, contributing to its robust international expansion pipeline. The agreement outlines an initial commitment of 60 restaurants over a ten-year period, with the potential for 200-250 total restaurants in the country, the first expected to open in early 2023.