Wing Stop is testing boneless chicken thighs amid a spike in wing prices.
The Dallas-based fast food chain launched its boneless thigh two weeks ago as an attempt to use more chicken parts to help fight the cost of its coveted wings. The company said in its third-quarter earnings press conference with analysts on Monday. .
The chain, known for its spicy sauces of fried chicken wings such as lemon pepper, unique hot and spicy bacon, said it has made an agreement with its largest poultry supplier to ” mitigating the impact of inflation continues to have chicken wings with bones in the near future, ”Wingstop CEO Charlie Morrison told analysts according to a report by Restaurant Business Online.
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Although nearly 1,500 dining rooms were closed during the pandemic, consumers continued to flock to the chicken chain. With home orders being made earlier this year and people ordering food for pick up and delivery, digital sales jumped 47% of business by the end of the first quarter.
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The restaurant estimated to have 95 new facilities opened for 2020 in Q1 and hit 43 openings – the best quarter for unit growth it has seen in four years, probably a result of fast food and increases skyrocket during a pandemic.
Wingstop similar store sales rose 25.4% in the third quarter, and the chain plans to increase its planned restaurant opening from 135 to 140 for fiscal 2020.