Wingstop Expands Through Consumer Weakness While Chipotle Fights Margin Compression

Wingstop Expands Through Consumer Weakness While Chipotle Fights Margin Compression

Quick Read Chipotle (CMG) reported operating margin compression to 15.9% from 16.9% as labor costs and inflation pressured profitability despite 7.5% revenue growth. Wingstop (WING) delivered 18.6% adjusted EBITDA growth despite a 5.6% domestic same-store sales decline by opening 114 net new restaurants. Wingstop’s franchise model required just $2.2M in capex while Chipotle spent $163.5M on capital expenditures to support company-owned restau…