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Benzinga
Benzinga
Business
Shivani Kumaresan

Wingstop Enters Spain With The Launch Of Ghost Kitchens

Wingstop Spain Madrid Wingstop Inc
  • Wingstop Inc (NASDAQ:WING) plans to expand into Spain by launching four ghost kitchens in Madrid.
  • The company is opening the kitchens in partnership with a kitchen logistics partner.
  • The first two of the kitchens will be opened on March 31, 2022, the third is scheduled to open in early April, and the fourth in Summer 2022.
  • With the delivery-only, ghost kitchen model in place, Wingstop expects a traditional franchise opportunity to follow in time.
  • Price Action: WING shares closed higher by 8.98% at $123.41 on Wednesday.
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