Wingstop_ chicken wings are hurting our business – yahoo finance

View photo . What is a chicken gizzards function (Wings from Wingstop.Hollis Johnson/Business Insider)

Wingstop is the fastest-growing chicken chain in the United States. What does the gizzard do in a chicken Notably, the company achieved the feat without engaging in any kind of disastrous price war, and by keeping its business simple.

Cost pressures in the industry, combined with high growth expectations of analysts, however, have not been too kind on the company.


The company released its earnings report for the fourth quarter of 2016 on Thursday, recording an impressive 20.3% increase in sales compared to Q4 2015.

Net income climbed 13% to $4.3 million ($0.15 per diluted share) from $3.8 million ($0.13 per diluted share).

However, earnings still beat analyst expectations only marginally, while the impressive sales growth figure missed. Chicken gizzard dog treats Shares are down about 1.3% on Friday.

In the earnings call following the results, Michael F. Purpose of chicken gizzard Mravle, chief financial officer of Wingstop, pointed particularly to cost pressures that have troubled the company.

“Cost of sales increased to $7 million from $5.6 million in the prior year fourth quarter. Calories chicken gizzards As a percentage of company-owned restaurant sales, cost of sales increased 590 basis points to 76.1% from 70.2%,” he said.

In particular, he pointed to two factors that led to margin pressure: higher chicken wing prices and higher labor costs. Calories in chicken gizzards “The increase was driven primarily by 13.1% inflation from bone-in chicken wings, a 4% in the average size of the chicken wings and continued labor investments in roster sizes and staffing.”

Mravle added that he expected input costs to continue rising in the coming months. Health benefits of eating chicken gizzard “In Q1 2017, we expect about 10% inflation on our bone-in chicken wings over the prior year quarter,” he said.

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View photo . Recipe for pickled chicken gizzards (Wings from Wingstop.Hollis Johnson/Business Insider)

Wingstop is the fastest-growing chicken chain in the United States. Chicken gizzards rice and gravy Notably, the company achieved the feat without engaging in any kind of disastrous price war, and by keeping its business simple.

Cost pressures in the industry, combined with high growth expectations of analysts, however, have not been too kind on the company.

The company released its earnings report for the fourth quarter of 2016 on Thursday, recording an impressive 20.3% increase in sales compared to Q4 2015.

Net income climbed 13% to $4.3 million ($0.15 per diluted share) from $3.8 million ($0.13 per diluted share).

However, earnings still beat analyst expectations only marginally, while the impressive sales growth figure missed. Chicken gizzards pressure cooker Shares are down about 1.3% on Friday.

In the earnings call following the results, Michael F. Fried chicken gizzards nutrition Mravle, chief financial officer of Wingstop, pointed particularly to cost pressures that have troubled the company.

“Cost of sales increased to $7 million from $5.6 million in the prior year fourth quarter. Baked chicken gizzards and hearts recipes As a percentage of company-owned restaurant sales, cost of sales increased 590 basis points to 76.1% from 70.2%,” he said.

In particular, he pointed to two factors that led to margin pressure: higher chicken wing prices and higher labor costs. Fried chicken gizzards calories “The increase was driven primarily by 13.1% inflation from bone-in chicken wings, a 4% in the average size of the chicken wings and continued labor investments in roster sizes and staffing.”

Mravle added that he expected input costs to continue rising in the coming months. Calories fried chicken gizzards “In Q1 2017, we expect about 10% inflation on our bone-in chicken wings over the prior year quarter,” he said.

NOW WATCH: Here’s why flights take longer than they did 50 years ago

• The fabulous life of Snap CEO Evan Spiegel, who just took his company public at a $33 billion valuation

• US military test shows the A-10 ‘Warthog’ can obliterate the small-boat swarms that Iran uses

• Snap surges 44% in its stock market debut — after an IPO that made its 20-something founders multibillionaires

View photo . Chicken gizzard plant care (Wings from Wingstop.Hollis Johnson/Business Insider)

Wingstop is the fastest-growing chicken chain in the United States. Recipe for deep fried chicken gizzards Notably, the company achieved the feat without engaging in any kind of disastrous price war, and by keeping its business simple.

Cost pressures in the industry, combined with high growth expectations of analysts, however, have not been too kind on the company.

The company released its earnings report for the fourth quarter of 2016 on Thursday, recording an impressive 20.3% increase in sales compared to Q4 2015.

Net income climbed 13% to $4.3 million ($0.15 per diluted share) from $3.8 million ($0.13 per diluted share).

However, earnings still beat analyst expectations only marginally, while the impressive sales growth figure missed. Baked chicken gizzards Shares are down about 1.3% on Friday.

In the earnings call following the results, Michael F. Nutritional value of chicken gizzards Mravle, chief financial officer of Wingstop, pointed particularly to cost pressures that have troubled the company.

“Cost of sales increased to $7 million from $5.6 million in the prior year fourth quarter. Chicken gizzards in pressure cooker As a percentage of company-owned restaurant sales, cost of sales increased 590 basis points to 76.1% from 70.2%,” he said.

In particular, he pointed to two factors that led to margin pressure: higher chicken wing prices and higher labor costs. How many calories in fried chicken gizzards “The increase was driven primarily by 13.1% inflation from bone-in chicken wings, a 4% in the average size of the chicken wings and continued labor investments in roster sizes and staffing.”

Mravle added that he expected input costs to continue rising in the coming months. Calories in fried chicken gizzards “In Q1 2017, we expect about 10% inflation on our bone-in chicken wings over the prior year quarter,” he said.

NOW WATCH: Here’s why flights take longer than they did 50 years ago

• The fabulous life of Snap CEO Evan Spiegel, who just took his company public at a $33 billion valuation

• US military test shows the A-10 ‘Warthog’ can obliterate the small-boat swarms that Iran uses

• Snap surges 44% in its stock market debut — after an IPO that made its 20-something founders multibillionaires

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