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Top related persons:
Michael Skipworth - 10 Jim Cramer - 4 Chris Kempczinski - 3 Wingstop - 3 Skipworth - 2 Popeyes - 2 Taco Bell - 2 it’s - 2
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Search resuls for: "Michael Skipworth"


14 mentions found


☆ Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown
  + stars: | 2024-05-11 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
High-income consumers helped Chipotle Mexican Grill , Wingstop and Sweetgreen report strong sales this quarter, bucking the broader consumer slowdown that's been hurting other eateries. The sector saw higher traffic growth than any other dining sector from November to February, according to GuestXM data. High-income consumers haven't felt the same pinch as those in lower-income brackets. Wingstop saw its same-store sales soar 21% in the quarter. On Thursday, the salad chain reported first-quarter same-store sales growth of 5% and raised its full-year outlook for same-store sales growth.
Persons: Chris Kempczinski, John Peyton, haven't, Wingstop, Michael Skipworth, Jonathan Neman Organizations: Starbucks, KFC, Yum Brands, CNBC, Dine Brands
☆ Wingstop CEO Michael Skipworth goes one-on-one with Jim Cramer
  + stars: | 2024-05-01 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Wingstop CEO Michael Skipworth goes one-on-one with Jim CramerWingstop President and CEO Michael Skipworth joins 'Mad Money' host Jim Cramer to talk quarterly results, customer trends, leaning into live sports and more.
Persons: Michael Skipworth, Jim Cramer Wingstop, Jim Cramer
☆ Wingstop CEO Michael Skipworth: There's a ton of runway for us and our ad strategy is working
  + stars: | 2024-02-22 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Wingstop CEO Michael Skipworth: There's a ton of runway for us and our ad strategy is workingWingstop President and CEO Michael Skipworth 'Mad Money' host Jim Cramer to talk quarterly results, moving into a new digital platform, its marketing strategy and more.
Persons: Michael Skipworth, Jim Cramer
☆ Wingstop says its chicken sandwiches are bringing in a new type of customer: richer, kid-free millennials and Gen Zers
  + stars: | 2024-02-22 | by ( Grace Dean | ) www.businessinsider.com   time to read: +4 min
AdvertisementSkipworth told investors at the company's previous earnings call in November that these customers tend to be Gen Zers or millennials. "A lot of these new guests that are coming in are coming in through the chicken sandwich occasion initially," he said. Wingstop was late to join the so-called chicken sandwich wars, which kicked off when Popeyes launched its spicy chicken sandwich in 2019 to compete with Chick-fil-A. Rivals including McDonald's and Wendy's have also been bolstering up their chicken sandwich offerings in response. AdvertisementChains including McDonald's, Shake Shack, and Taco Bell have told customers to expect modest menu price increases in 2024 as inflation cools.
Persons: Michael Skipworth, Skipworth, Wingstop, Popeyes, Alex Kaleida, Taco Bell Organizations: Rivals, McDonald's, Taco Locations: California
☆ Chicken wings are on Popeyes menu for good
  + stars: | 2023-11-22 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +4 min
Back in 2019, Popeyes’ chicken sandwich created a frenzy in the fast food industry, prompting a wave of copycats and became a barometer for success. Wings are here to stayOver the past few years, Popeyes has brought wings to the menu on a limited-time basis. Popeyes' line of chicken wings Courtesy PopeyesWith wings, Siddiqui said, Popeyes once again saw long lines and a sales lift. Siddiqui doesn’t expect enthusiasm over Popeyes wings to reach the same kind of fervor inspired by the chicken sandwich. A good time to sell cheap chickenOther chains have seen success with chicken wings in recent months, as people cut back on spending by buying cheaper food.
Persons: New York CNN — Popeyes, Pepper, it’s, Popeyes, Sami Siddiqui, ”, Siddiqui, Michael Skipworth, It’s Organizations: New, New York CNN, Wings, Popeyes, CNN, “ Locations: New York, Popeyes North America, United
☆ Taco Bell is gaining ground as people look to save on food
  + stars: | 2023-11-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +4 min
Taco Bell hasn't been hurt by customers trading down. Bing Guan/Bloomberg/Getty ImagesAt Taco Bell, customers can buy a combo meal, including a fountain drink, burrito, taco and cinnamon twists for dessert, for about $5. Taco Bell’s website shows a cheesy bean and rice burrito; spicy potato soft taco; and cheesy roll-up available for $1 each. And in the third quarter, customers didn’t only go for the cheapest items, helping keep the Taco Bell’s margins high. Taco Bell is also benefiting from people searching for less expensive food options, Gibbs said.
Persons: it’s, Taco Bell, ”, David Gibbs, Bing Guan, Gibbs, Michael Skipworth, Ian Borden, “ We’ve, Chris Kempczinski, ” Kempczinski, Denny’s, Robert Verostek Organizations: New, New York CNN, Taco Bell, Yum Brands, KFC, Taco Bell’s, Bloomberg, Getty, Bell, Bell’s, Taco Locations: New York, Bell’s, McDonald’s
☆ Wingstop CEO Michael Skipworth digs into earnings with Jim Cramer
  + stars: | 2023-09-20 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Wingstop CEO Michael Skipworth digs into earnings with Jim CramerWingstop CEO Michael Skipworth joins 'Mad Money' host Jim Cramer to talk quarterly earnings, consumer behavior, share repurchasing and more.
Persons: Michael Skipworth, Jim Cramer
☆ Wingstop CEO Michael Skipworth: There's meaningful opportunity to grow AUVs on a double-digit basis
  + stars: | 2023-09-20 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWingstop CEO Michael Skipworth: There's meaningful opportunity to grow AUVs on a double-digit basisWingstop CEO Michael Skipworth joins 'Mad Money' host Jim Cramer to talk quarterly earnings, consumer behavior, share repurchasing and more.
Persons: Michael Skipworth, Jim Cramer
☆ Wingstop CEO says majority of company's growth comes from existing franchisees reinvesting
  + stars: | 2023-09-20 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Wingstop CEO Michael Skipworth discussed the chicken wings-focused restaurant chain's growth with CNBC's Jim Cramer, saying much of it comes from existing franchisees reinvesting in the business. "If we look back over the restaurants we've opened over the last year, over 90% of those came from our existing franchisees reinvesting, which I think just speaks to the strength of the model," Skipworth said. He added that Wingstop's partnership with companies like DoorDash and Uber Eats is also bringing customers to the business. According to Skipworth, widespread inflation is not hurting the company's franchisees. And it doesn't take a lot of capital to open a Wingstop," he said.
Persons: Michael Skipworth, CNBC's Jim Cramer, Skipworth Organizations: reinvesting
☆ 3 trends are dividing restaurant companies into winners and losers
  + stars: | 2023-08-18 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +5 min
In this article CMGMCDWENPZZA Follow your favorite stocks CREATE FREE ACCOUNTA McDonald's restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBCRestaurant companies navigating some of the same challenges in the second quarter fell into two categories: winners and losers. While most restaurant companies crushed earnings expectations, a number of them fell short of Wall Street's estimates for their quarterly revenue. McDonald's and Wingstop both reported second-quarter earnings, revenue and same-store sales growth that topped analysts' expectations, a rarity this quarter for restaurant companies. One fast-casual chain has struggled with consumers' value perception.
Persons: Adam Jeffery, hasn't, Papa John's, TD Cowen, Andrew Charles, Burger, Wendy's, Jeffrey Bernstein, bode, Chris Kempczinski, Todd Penegor, Wingstop, Michael Skipworth, Chipotle, Jack Hartung, Noodles Organizations: CNBC Restaurant, Promotions, Investors, CNBC, Restaurant Brands, Barclays, Company Locations: NYC, Chipotle, Texas
☆ Jim Cramer goes one-on-one with Wingstop CEO Michael Skipworth
  + stars: | 2023-05-03 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer goes one-on-one with Wingstop CEO Michael Skipworth'Mad Money' host Jim Cramer goes one-on-one with Wingstop CEO Michael Skipworth to talk future growth, cash flow, and leaning into live sports.
☆ Our comp in Q4 alone was driven entirely by transaction growth, says Wingstop CEO
  + stars: | 2023-02-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur comp in Q4 alone was driven entirely by transaction growth, says Wingstop CEOMichael Skipworth, Wingstop CEO, joins 'The Exchange' to discuss the company's rise in demand and the state of poultry costs.
☆ Chicken prices are finally falling and it's triggering a resurgence of fast-food chicken sandwich wars
  + stars: | 2022-11-29 | by ( Mary Meisenzahl | ) www.businessinsider.com   time to read: +3 min
Executives at Burger King and McDonald's praised sales growth driven by chicken menu items. On November 15, Popeyes released its new Blackened Chicken Sandwich, which is not breaded and is seasoned with Cajun and Creole spices. The sandwich chain is explicitly promoting the new sandwich as "reigniting the chicken sandwich wars," which started with the 2019 release of the Popeyes spicy chicken sandwich. The chain further took advantage of reduced chicken prices with a BOGO chicken sandwich deal over Black Friday weekend. Chicken, including the spicy chicken sandwich and McNuggets, has been a "strong growth driver" for McDonald's, CEO Chris Kempczinski told investors in October.
☆ Our digital business growth from the pandemic is sticky, says Wingstop CEO
  + stars: | 2022-10-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur digital business growth from the pandemic is sticky, says Wingstop CEOMichael Skipworth, Wingstop CEO, joins 'The Exchange' to discuss how he likes his wings, why chicken wing prices have come down and the trends that allowed Wingstop's business to see growth.
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