ibusinesslines.com August 17, 2017

Eat at Buffalo Wild Wings, Help the Boys and Girls Club

20 April 2017, 07:04 | Kelvin Horton

Eat at Buffalo Wild Wings, Help the Boys and Girls Club

Eat at Buffalo Wild Wings, Help the Boys and Girls Club

Credit Suisse Group AG cut their price target on shares of Buffalo Wild Wings from $175.00 to $165.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 25th.

02/08/2017 - Buffalo Wild Wings, Inc. had its "neutral" rating reiterated by analysts at Wedbush.

02/08/2017 - Buffalo Wild Wings, Inc. had its "outperform" rating reiterated by analysts at Oppenheimer.

Buffalo Wild Wings (NASDAQ:BWLD) last released its earnings results on Tuesday, February 7th.

02/08/2017 - Buffalo Wild Wings, Inc. had its "outperform" rating reiterated by analysts at Telsey Advisory Group. Three investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and nine have given a buy rating to the company's stock.

Reps from Buffalo Wild Wings did not immediately respond to requests to comment.

Buffalo Wild Wings (NASDAQ:BWLD) opened at 152.85 on Monday. Pillar Pacific Capital Management Ltd invested in 2,400 shares or 0.06% of the stock. The company has market cap of $2.70 billion. It worsened, as 41 investors sold Buffalo Wild Wings shares while 83 reduced holdings. The restaurant operator reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $1.27 by $0.40. Ahl Llp stated it has 0.05% of its portfolio in Buffalo Wild Wings (NASDAQ:BWLD). The business had revenue of $492.40 million for the quarter, compared to analysts' expectations of $519.65 million. During the same period a year ago, the company posted $1.32 earnings per share. According to management's commentary intra-quarter, same-store sales in January were slightly positive while February was similar to past year (2.4% decline), leaving March as the unknown. Buffalo Wild Wings hit a 17-month high of 175.10 on December 9. If you are reading this news story on another domain, it was copied illegally and republished in violation of USA & global copyright and trademark law. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States & global copyright & trademark legislation. The original version of this story can be viewed at https://www.com-unik.info/2017/04/13/buffalo-wild-wings-bwld-board-announces-stock-repurchase-plan.html.

In other news, CEO Sally J. Smith sold 2,000 shares of Buffalo Wild Wings stock in a transaction that occurred on Wednesday, March 15th. DAMIAN JAMES M sold $31,480 worth of stock or 200 shares. Stock buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Marcato also filed a definitive proxy statement with the Securities and Exchange Commission for the election of four nominated board members at the next annual shareholder meeting. Thomas H. Lee Advisors (Alternative) VI - Ltd. sold $73.14M worth of stock or 11.50 million shares. Tyers Asset Management LLC bought a new stake in Buffalo Wild Wings during the fourth quarter valued at $109,000. Northwestern Mutual Wealth owns 0% invested in Buffalo Wild Wings (NASDAQ:BWLD) for 894 shares. JPMorgan Chase & Co. raised its position in Buffalo Wild Wings by 170.8% in the third quarter. Flinton Capital Management LLC bought a new stake in Buffalo Wild Wings during the fourth quarter valued at $138,000. The fund has a 6.1% stake in Buffalo Wild Wings and has already put its own candidate for CEO forward, sources told the Journal.

"We are surprised the Company's investor presentations continue to center on tactical efforts, like FastBreak Lunch and Wing Tuesday, and secondary strategic priorities, like worldwide development and new concepts, rather than full explanations for why traffic is declining, how costs will be reduced or why the business model is appropriate".

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