Wingstop UK, the restaurant brand that doesn’t play when it comes to flavour, announces results for the 9 months ended 29 December 2024.
Wingstop UK has changed its year-end to December. The first 3 months of 2024 are covered in the period ended 31 March 2024. Going forward the accounts will be for 12 months to December.
Financial highlights- 9 months
- Revenue of £125m (12 months to March 2024 of £84.7m)
- Operating profit of £13.7m (12 months to March 2024 of £4.1m)
- 15 new stores opened in the period with strong underlying sales from the existing estate
Operational highlights
- Senior leadership team formed of Chris Sherriff, CEO, Paddy Bamford, CFO, Matt Sheppard, COO, Faye Ryder-Humphries, People Director and Dirujan Sabesan, CMO
- 57 stores opened at period end
- Recognised in The Sunday Times’ Best Places to Work and Fast Track 100, as well as Financial Times’ FT1000
Post-period highlights
- Investment from Sixth Street, completed in January 2025, as majority shareholder to drive future growth. Ambitions to reach 200 stores within the next five years
- Opened a further 15 sites in the UK, now employing over 3,000 people
- Current trading in-line with expectations, supported by deep connection with loyal customers and communities and industry-leading Net Promoter Scores
Paddy Bamford, CFO said: “2024 was a transformational year for Wingstop UK, delivering record results across every metric and further strengthening profitability. Since partnering with Sixth Street in January 2025, we’ve accelerated our UK roll-out programme and deepened our investment in people. We’re focussed on building the UK’s leading fast-casual restaurant brand, powered by the hard work and dedication of our people — the heartbeat of our business. I’m proud that Wingstop UK continues to be recognised as one of the Best Places to Work, and through initiatives like The Step Up Programme and Wingstop University we remain committed to creating opportunities for our people to grow. With trading in line with expectations, new store openings across the country, and 2025 shaping up to be another landmark year, we’re excited by the scale of expansion opportunities ahead while staying true to our focus on youth culture, our communities, and sustainable growth.”
The Step Up Programme is an end-to-end leadership programme where Crew Members can grow to become District Managers and beyond. Wingstop University offers specialised training, online modules and expert learning sessions, alongside L&D awards and success stories. Wingstop UK also offers external courses; CIPDs, MBAs, Marketing, First Aid, Food Safety and Executive Coaching.
