Rooster chains are hotter than a spicy wing

Fail to remember about the burger trend. Buyers are unable to get enough breasts, thighs and wings these days.

Quickly meals chain Wingstop ( WING ) commenced buying and selling Friday early morning, and shares skyrocketed 60% from their first general public offering price tag.

The organization, which offers funky flavors like Mango Habanero, Garlic Parmesan and Hawaiian along with far more classic hot wings, has posted constant growth.

The Dallas-based mostly chain’s revenue ended up up fourteen% in the first quarter. They rose 14% very last yr and also in 2013. And Wingstop is lucrative as well. The chain has 745 eating places … forty five of them outside the U.S.

Wingstop is the most recent IPO to make Wall Street split out into a rooster dance.

Rooster and biscuits chain Bojangles ( BOJA ) soared twenty five% when it debuted last month. Bojangles described earnings for the first time considering that its IPO on Thursday.

The inventory fell a little bit Friday but the figures have been fantastic. Total revenue ended up up a lot more than 19% from last year and exact same-keep sales, which steps the performance of stores open up at least a 12 months, rose nearly 8%.

Mexican-themed grilled rooster restaurant El Pollo Loco ( LOCO ) experienced a “mad “excellent first working day when it went community final July also. The stock popped sixty%.

Shares have pulled back from their 1st working day surge but are even now 33% previously mentioned its providing cost.

And traders are hoping that the most popular foodstuff IPO of 2015 — gourmet burger joint Shake Shack ( SHAK ) — could quickly bounce on the hen bandwagon as properly.

The stock shot up final thirty day period on the news that the business experienced submitted for a trademark for the phrase “Rooster Shack.” Shake Shack does offer rooster hot dogs, but not a hen sandwich.

It will be intriguing to see if the hen chains continue to fly higher on Wall Avenue. If they do, anticipate far more IPOs.

Some experts have speculated that Chick-Fil-A could be far more likely to go community adhering to the loss of life of its founder final year. And Bojangles competitor Zaxby’s has received raves from numerous hen followers too.

Examine out The Feed for more business tales about what you try to eat and drink

But it should not be a huge shock that these firms are doing effectively.

Even though overall customer spending has been lackluster, the newest retail income figures from the govt show that folks are going out to eat a whole lot.

Other businesses with a huge concentrate on white meat, these kinds of as Buffalo Wild Wings ( BWLD ) , Popeye’s Louisiana Kitchen area ( PLKI ) and KFC-operator Yum! Manufacturers ( YUM ) , have been Wall Avenue studs for the earlier number of many years as effectively.

Heck, KFC just resurrected Colonel Sanders in a new advertisement campaign featuring Darrell Hammond taking part in the company’s famous founder.

There are adequate hen shares out there to generate an ETF with a amazing name.

Wingstop has previously taken the ticker image WING. So maybe this fund could trade as FOWL or Fowl?