The group, which now operates more than 50 sites across the UK, saw revenue increase 122% to £84.7m in the year to 31 March 2024, up from £38.2m in 2023.
Expansion coupled with strong like for like growth of 51.3% helped drive the revenue surge.
Group EBITDA increased to £8.7m, up from £1.1m in 2023.
Originally founded in the US in 1994, Wingstop arrived in the UK in 2018.
Its expansion has been led by master franchisee Lemon Pepper Holdings, which set out an ambition to open up to 200 sites over the next five years back in the summer.
In June, the group was named as the fastest growing restaurant group in the UK by The Sunday Times 100 for the second year in a row.
As stated in the results, Wingstop’s directors continue to believe there are ‘strong growth prospects’ in the premium fast casual chicken market and ‘intend to continue the rollout of Wingstop in the UK’.
The group has opened a further 14 sites post period end and is aiming to reach 57 sites total across the UK by the end of the year.
Like-for-like trading has ‘accelerated’ by 59.4% since the period end.
Back in August it was revealed that Lemon Pepper Holdings had hired Goldman Sachs to explore a sale of the business.
Last week, the FT reported that Domino’s is among four bidders interested in acquiring the franchise, in a deal that could value the chain at £400m.
US investment firm Sixth Street and private equity firms KKR and TSG Consumer Partners are also reported to be in the running.
Prospective buyers had until Monday (16 December) to submit their final bids.
