Wingstop Inc. Files 8-K with Corporate Details

TL;DR

Wingstop (WING) filed an 8-K on Dec 5th confirming HQ address and phone number.

AI Summary

Wingstop Inc. filed an 8-K on December 5, 2024, reporting on other events and financial statements. The filing confirms their principal executive offices are located at 2801 N Central Expressway, Suite 1600, Dallas, Texas, 75204, with a business phone number of (972) 686-6500. The company, incorporated in Delaware, operates under SIC code 5812 for retail-eating places.

Why It Matters

This filing provides updated corporate information and confirms the company's operational and financial reporting status with the SEC.

Risk Assessment

Risk Level: low — This is a routine corporate filing with no new material financial information or significant operational changes disclosed.

Key Numbers

• 5812 — SIC Code (Retail-eating places industry classification)

Key Players & Entities

• Wingstop Inc. (company) — Registrant
• 2801 N Central Expressway Suite 1600 Dallas , Texas 75204 (location) — Principal executive offices
• 001-37425 (company) — Commission File Number
• 47-3494862 (company) — IRS Employer Identification No.
• December 5, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share WING NASDAQ Global Select Mar
• $500 million — zed the purchase of up to an additional $500 million of its outstanding shares of common sto
• $250 million — ses of common stock under the inaugural $250 million repurchase authorization from August 20

Filing Documents

• wing-20241205.htm (8-K) — 33KB
• a2024sharerepurchaseannoun.htm (EX-99.1) — 12KB
• image_0.jpg (GRAPHIC) — 20KB
• 0001636222-24-000151.txt ( ) — 205KB
• wing-20241205.xsd (EX-101.SCH) — 2KB
• wing-20241205_lab.xml (EX-101.LAB) — 22KB
• wing-20241205_pre.xml (EX-101.PRE) — 13KB
• wing-20241205_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events. On December 5, 2024, the Board of Directors of Wingstop Inc. (the "Company," "we," "our," or "us") authorized the purchase of up to an additional $500 million of its outstanding shares of common stock, par value $0.01 per share (the "Common Stock"), under its existing share repurchase program, effective immediately. This repurchase program follows the substantial completion of purchases of common stock under the inaugural $250 million repurchase authorization from August 2023. With this additional repurchase authorization, the Company anticipates executing a $250 million accelerated share repurchase program ("ASR") in the fourth quarter of 2024. On December 5, 2024, the Company issued a press release announcing the authorization. A copy of the press release is attached hereto as Exhibit 99.1. Share repurchases under the program may be made in the open market, in privately negotiated transactions or by other means, including through trading plans intended to qualify under Rule 10b5-1 of the Securities and Exchange Act of 1934 and accelerated share repurchase agreements, with the amount and timing of repurchases to be determined at the Company's discretion, depending on market and business conditions, prevailing stock prices, and contractual limitations, among other factors. Open market repurchases will be structured to occur in accordance with applicable federal securities laws. The share repurchase program does not obligate the Company to acquire any particular amount of Common Stock, or at any specific time intervals and may be modified, suspended or terminated at any time at the Company's discretion. The Company expects to fund repurchases with existing cash and cash equivalents, including the proceeds from its recently completed financing transaction.

Forward-looking Statements

Forward-looking Statements This Current Report on Form 8-K includes statements of our expectations, intentions, plans and beliefs that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of our expectations concerning the implementation and execution of our share repurchase program, including the anticipated execution of a $250 million ASR. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms "may," "will," "should," "expect," "intend," "plan," "outlook," "guidance," "anticipate," "believe," "think," "estimate," "seek," "predict," "can," "could," "project," "potential" or, in each case, their negative or other variations or comparable terminology, although not all forward-looking statements are accompanied by such terms. These forward-looking statements are made based on expectations and beliefs concerning future events affecting us and are subject to uncertainties, risks, and factors relating to our operations and business environments, all of which are difficult to predict and many of which are beyond our control, that could cause our actual results to differ materially from those matters expressed or implied by these forward-looking statements. Please refer to the risk factors discussed in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which can be found at the SEC's website www.sec.gov. The discussion of these risks is specifically incorporated by reference into this Current Report on Form 8-K. When considering forward-looking statements in this Current Report on Form 8-K or that we make in other reports or statements, you should keep in mind the cautionary statements in th

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Press release, dated December 5, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Wingstop Inc. Date: December 5, 2024 By: /s/ Alex R. Kaleida Chief Financial Officer (Principal Financial and Accounting Officer)

View Full Filing

View this 8-K filing on SEC EDGAR