Risk factors
Wingstop (WING) risk factors
Item 1A of every Wingstop Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors37 risks1 new2 dropped3 reworded
Domestic concentration fell from 52% of 2,204 restaurants to 48% of 2,586, though Texas and California remain the largest markets.
Filed Feb 18, 2026 - FY2024 10-K risk factors38 risks
High reliance on franchisees who operate 98% of restaurants dominates Wingstop's risk profile.
Filed Feb 19, 2025