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The Independent UK

World

Graig Graziosi

UNBELIEVABLE: Wingstop saw its sales drop as company blames iran war and high gas prices for customer decrease - Caught on Camera

Wingstop Iran Gas Prices United States Donald Trump Restaurant Dive

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.

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