Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Wingstop Inc. Fiscal Second Quarter 2021 Earnings Conference Call. Please note that this conference is being recorded today, Wednesday, July 28, 2021. On the call, we have Charlie Morrison, Chairman and Chief Executive Officer; and Michael Skipworth, Executive Vice President and Chief Financial Officer. I would now like to turn the conference over to Michael. Please go ahead, sir.
Michael J. Skipworth
Executive VP & CFO
Thank you, and welcome. Everyone should have access to our fiscal second quarter 2021 earnings release. A copy is posted under the Investor Relations tab on our website at ir.wingstop.com. Our discussion today includes forward-looking statements. These statements are not guarantees of future performance and are subject to numerous risks and uncertainties that could cause our actual results to differ materially from what we currently expect. Our SEC filings describe variou
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US chicken wing brand Wingstop has announced a minority investment in its UK franchisee, Lemon Pepper Holdings (LPH), to help drive further expansion across the country.
The investment comes after the group recently announced
“We are thrilled to partner with the Lemon Pepper team as they grow their brand presence in the UK, a market with tremendous long-term potential,” says Wingstop CFO Michael Skipworth, who is joining LPH s board of directors as part of the deal.
“We believe this strategic use of our capital will strengthen the development pipeline in that market.
Wingstop entered into a 100-restaurant agreement with LPH in 2017 as the sole franchisee for the UK market.