WING - Wingstop Inc. (WING) Q4 2023 Earnings Call Transcript
2024-02-21 14:14:09 ET
Wingstop Inc. (WING)
Q4 2023 Earnings Conference Call
February 21, 2024 10:00 ET
Company Participants
Michael Skipworth - President and Chief Executive Officer
Alex Kaleida - Senior Vice President and Chief Financial Officer
Conference Call Participants
David Tarantino - Baird
Jeffrey Bernstein - Barclays
Andrew Charles - TD Cowen
Joshua Long - Stephens
Sara Senatore - Bank of America
Brian Harbour - Morgan Stanley
Danilo Gargiulo - Bernstein
Chris O’Cull - Stifel
Jeff Farmer - Gordon Haskett
Andy Barish - Jefferies
Jon Tower - Citigroup
Dennis Geiger - UBS
Presentation
Operator
Good morning, ladies and gentlemen and thank you for standing by. Welcome to the Wingstop Fiscal Fourth Quarter and Full Year 2023 Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded today, Wednesday, February 21, 2024. On the call today are Michael Skipworth, President and Chief Executive Officer and Alex Kaleida, Senior Vice President and Chief Financial Officer.
I would now like to turn the conference over to Alex. Please go ahead.
Alex Kaleida
Thank you and welcome to the fiscal fourth quarter and full year 2023 earnings conference call for Wingstop. Our results were published earlier this morning and are available on our Investor Relations website at ir.wingstop.com.
Our discussion today includes forward-looking statements. These statements are not guarantees of future performance and are subject to numerous risks and uncertainties that could cause our actual results to differ materially from what we currently expect. Our SEC filings describe various risks that could affect our future operating results and financial condition. We use certain non-GAAP financial measures that we believe can be useful in evaluating our performance. Presentation of such information should not be considered in isolation or as a substitute for results prepared in accordance with GAAP. Reconciliations to comparable GAAP measures are contained in our earnings release. Lastly, for the Q&A session, we ask that you please each keep to 1 question and a follow-up to allow as many participants as possible to ask a question.
With that, I would like to turn the call over to Michael.
Michael Skipworth
Good morning, everyone, and thank you for joining our call. 2023 marked the strongest year on record for Wingstop. These industry leading results showcase the strength and staying power of the strategies we are executing and they’re a true demonstration of Wingstop’s category of one positioning. We delivered an unprecedented 20th consecutive year of same-store sales growth with a comp of 18% for the full year, primarily driven by transactions....
Wingstop Inc. (WING) Q4 2023 Earnings Call Transcript