Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
World
Graig Graziosi

Wingstop saw its sales drop as company blames Iran war and high gas prices for customer decrease

The CEO of Wingstop, a popular chicken wing fast-food restaurant, has blamed rising gas prices caused by the war in Iran on a drop in its sales.

Michael Skipworth, the company's CEO, made the comments during the chain's first-quarter earnings call on Wednesday. He said that a drop in visits from lower-income customers paired with some temporary store closures due to winter weather contributed to an 8.7 percent decline in same-restaurant sales during its first quarter.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.