Wingstop Inc. (WING)

Wingstop’s Plan to Control Chicken Costs Is to Start Raising Its Own Animals

(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

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Wingstop signs agreement to open 60 restaurants in South Korea over a 10-year period

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 Signs Agreement for Development Rights for South Korea

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.

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  Wingstop signs agreement to open 60 restaurants in South Korea over a 10-year period

  MarketWatch
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  Wingstop’s Plan to Control Chicken Costs Is to Start Raising Its Own Animals

  Bloomberg