r/DetroitPistons • u/KarimFF7 r/DetroitPistons Moderator • Feb 21 '24
The Detroit Pistons accidentally made Wingstop millions of dollars. News
Every fan in Detroit gets 5 free Wingstop wings when the Pistons win. Then the Pistons lost an NBA-record 28 straight games, and the promotion went viral.
On December 30th, the Pistons got their first win in 2 months, and fans flooded Wingstop.
The result?
Wingstop made $19,000,000 in net income that quarter, a massive 46% jump from the previous quarter. And it didn't end there.
In late January, Giannis went viral for trying to scan a QR code mid-game to get free Wingstop wings. Then a couple weeks later, he posted a video of himself boarding a plane to All-Star Weekend with a huge bag of Wingstop’s lemon pepper wings.
The result?
Wingstop stock reached an 80% increase compared to 6 months ago. Of course it’s not all because of the NBA, but the free marketing didn’t hurt.
The Pistons may be the ultimate losers this season, but they created the ultimate winners: Wingstop.
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u/Knee_Deep_In_Muff Feb 21 '24
I was going to comment how bad wingstop is, but then realized I was thinking of Detroit Wing Company. There's too many wing places now. The price of chicken wings is insane. That's why I'm a thigh man now. Boomer rant over.
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u/SeventyTimes_7 Feb 21 '24
Wingstop is also bad. I'd prefer DWC even.
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Feb 21 '24
nah wingstop slaps sometimes. They either got the best wings you ever had, or they suck and you in the bathroom for 24 hours
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u/Anxious_Ad_3570 Feb 21 '24
Am I alone in thinking those unis are kind of awesome? 🤣
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u/SuperDizz Feb 21 '24
I like the green
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Feb 21 '24
How do you feel about that neon green stuff Atlanta and Minnesota used to wear couple of years back?
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u/Anxious_Ad_3570 Feb 21 '24
I dig it. I always thought it was awesome since the Seahawks started doing it. This is coming from a guy who wears nothing but earth tones. Kind of weird
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Feb 21 '24
Make a tier list for all the green jerseys in sports. The packers, sonic, bucks, Eagles, all of them 😂
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u/JackalOfAllTraders Feb 21 '24
Wingstop chicken is so much better than BDubs. If they could just up their sauce game. I doubt the Pistons promotion has anything to do with their success since the promotion was only local.
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u/MindlessYesterday668 Feb 21 '24
Have you tried the wings at Hooters?
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Feb 22 '24
[removed] — view removed comment
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u/hammer248 Feb 21 '24
Literally wingstops team I can’t wait for them to get the jersey ad next season
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u/Lubed_Up_leprechaun Blue Horse Feb 21 '24
How is Killian not in the graphic? He is the MVP of this team!
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u/kamezzle13 Feb 22 '24 edited Feb 22 '24
WING to the moon! 🚀🚀🚀🚀🌙🌙🌙 Making money while just handing out teddies! Are the Pistons the real autists of the NBA?
Can someone give us some deep DD on this stock please?
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u/Extra-Environment-87 Feb 24 '24
Isn’t the quarter over quarter comparison pretty shoddy with the Super Bowl being in the recent quarter?
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u/bigwillystyle93 Feb 25 '24
I’m sorry, but how does any of this equate to “accidentally” making them millions of dollars? Is it entirely purposeful? Like, it’s the point of doing a promotion? Also I don’t think the Pistons and Giannis are responsible for an 80% stock increase but that could just be me
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u/dizzymidget44 Feb 21 '24
I still have never eaten at wingstop