Dallas-Based Wingstop Files For IPO

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DALLAS (AP) -- Wingstop Inc. has filed for an initial public offering worth $86.3 million.

Wednesday's filing by Dallas-based Wingstop joins the growing pack of restaurants that are becoming publicly traded companies.

Wingstop opened 100 restaurants last year, bringing its U.S. total to 670. It has 40 more locations in Mexico, Russia, Singapore, Philippines, Indonesia and the United Arab Emirates.

Almost all of its restaurants, which serve 11 varieties of wings in addition to sides and seasoned fries, are run by franchisees.

Shake Shack Inc. raised more than $100 million in a January IPO. El Pollo Loco Holdings Inc. and sandwich maker Potbelly Corp. went public last year.

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