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Wingstop Inc.

Company History

Wingstop History: Founding, Growth & Key Milestones

Founded 1994 in Garland, Texas, United States

When was Wingstop founded?

Wingstop was founded in 1994 in Garland, Texas, United States by Antonio Swad, making it 32 years old.

Founded
1994
Founding place
Garland, Texas, United States
Founders
Antonio Swad
Headquarters today
Addison, Texas, United States
Milestones documented
13 (1994–2026)
Current CEO
Michael Skipworth
Acquisitions
3
YearEvent
1994First Wingstop opens
1997First franchised restaurant
2005Lunch service begins
2009Boneless wings added
2010Roark Capital acquires Wingstop
2010First international restaurant
2015Nasdaq IPO
2018London entry
2021Thighstop announced
2022Michael Skipworth becomes CEO
2024System-wide sales reach $4.8 billion
2025Record openings and Smart Kitchen rollout
2026Club Wingstop national launch
Where was Wingstop founded?
Wingstop was founded in Garland, Texas, United States in 1994. en.wikipedia.org
Who created Wingstop?
Wingstop was founded by Antonio Swad.
When did Wingstop start?
Wingstop was founded in 1994.
How old is Wingstop?
Wingstop is 32 years old as of 2026.

Founding Story

Antonio Swad, who had earlier founded the Pizza Patrón chain, opened the first Wingstop in Garland, Texas in 1994. The concept used a 1930s and 1940s aviation theme and a short menu of wings in several sauces, fries and sides. Franchising followed in the late 1990s. Swad sold the business to Gemini Investors in 2003, and Roark Capital bought it in 2010. Charlie Morrison became CEO in 2012 and took the company public on Nasdaq in June 2015. Wingstop then pushed hard into online ordering, and digital channels now account for roughly seven in ten sales.

Founders

Antonio Swad

Antonio Swad is a Texas restaurateur who opened the first Wingstop in Garland, Texas in 1994. He gave the shop an aviation theme and a short, wing-focused menu, then began franchising it. He sold Wingstop to Gemini Investors in 2003. Antonio Swad was born in 1956.

Key Milestones

1994

First Wingstop opens

Antonio Swad opens the first Wingstop in Garland, Texas.

Source: sec.gov
1997

First franchised restaurant

The first franchised Wingstop location opens, three years after the original restaurant.

Source: en.wikipedia.org
2005

Lunch service begins

Wingstop begins serving lunch.

Source: en.wikipedia.org
2009

Boneless wings added

Wingstop begins selling boneless products.

Source: en.wikipedia.org
2010

Roark Capital acquires Wingstop

Roark Capital buys Wingstop from Gemini Investors, which had owned it since 2003.

Source: en.wikipedia.org
2010

First international restaurant

Wingstop opens its first restaurant outside the United States, in Mexico.

Source: en.wikipedia.org
2015

Nasdaq IPO

Wingstop lists on Nasdaq under the ticker WING in June 2015, with Charlie Morrison as CEO.

Source: en.wikipedia.org
2018

London entry

Franchised Wingstop restaurants begin opening in London, United Kingdom.

Source: en.wikipedia.org
2021

Thighstop announced

On June 21, 2021, Wingstop announces Thighstop, a digital-only restaurant selling chicken thighs.

Source: en.wikipedia.org
2022

Michael Skipworth becomes CEO

Charlie Morrison resigns to lead Salad and Go, and President and COO Michael Skipworth becomes CEO effective March 13, 2022.

Source: ir.wingstop.com
2024

System-wide sales reach $4.8 billion

Domestic same store sales rise 19.9%, revenue grows 36.0% to $625.8 million and the chain ends the year with 2,563 restaurants.

Source: ir.wingstop.com
2025

Record openings and Smart Kitchen rollout

Wingstop opens 493 net new restaurants, passes 3,000 locations, enters six new international markets and installs Smart Kitchen in all 2,586 domestic restaurants.

Source: ir.wingstop.com
2026

Club Wingstop national launch

Wingstop launches its Club Wingstop loyalty program nationally during Q2 2026.

Source: ir.wingstop.com

Major Acquisitions

Two franchised restaurants

2017

Wingstop bought two existing restaurants from a franchisee on July 16, 2017 for $3.9 million.

Two franchised restaurants

2023

Wingstop bought two existing restaurants from a franchisee in the second fiscal quarter of 2023 for $4.4 million.

Three franchised restaurants

2025

Wingstop bought three existing restaurants from a franchisee during the thirty-nine weeks ended September 27, 2025 for $9.2 million.

Keep researching Wingstop

Wingstop Company History FAQ

When and where was Wingstop founded?

Wingstop was founded in 1994 in Garland, Texas, by entrepreneur Antonio Swad as an aviation-themed restaurant specializing in cooked-to-order Buffalo chicken wings.

When did Wingstop begin franchising its restaurant concept?

Wingstop began franchising in 1997, rapidly opening locations across Texas and the American South, reaching its 100th restaurant milestone by 2002.

How did Roark Capital acquire Wingstop in 2010?

Private equity firm Roark Capital Group acquired Wingstop from Gemini Investors in 2010, providing the capital and operational infrastructure needed for national expansion.

When did Wingstop go public on the stock exchange?

Wingstop completed its initial public offering on the Nasdaq under ticker symbol WING in June 2015, pricing above its expected range due to stellar franchisee profitability.

How many consecutive years of positive same-store sales has Wingstop achieved?

Wingstop has delivered an unprecedented streak of more than 20 consecutive years of positive domestic same-store sales growth, one of the longest continuous runs in restaurant history.

When did Michael Skipworth become CEO of Wingstop?

Michael Skipworth, who joined Wingstop in 2014 and served as CFO and COO, was appointed President and CEO in March 2022, succeeding long-tenured chief executive Charlie Morrison.

What was the significance of the 2022 chicken sandwich launch?

In August 2022, Wingstop launched its 12-flavor chicken sandwich line, which instantly drove record guest traffic, sold out nationwide within days, and permanently expanded lunchtime sales.

How many restaurant locations does Wingstop operate today?

Wingstop operates over 2,200 restaurant locations worldwide across the US, UK, Canada, Mexico, France, and Asia, with long-term plans to scale beyond 7,000 global units.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.