Published: Fri, April 21, 2017
Economy | By Annette Adams

Investor seeks ouster of Buffalo Wild Wings CEO

Investor seeks ouster of Buffalo Wild Wings CEO

Analysts expect Buffalo Wild Wings (NASDAQ:BWLD) to post $535.32 million in sales for the current quarter, Zacks Investment Research reports.

Buffalo Wild Wings growth has hit a wall on all fronts. The rating was maintained by Cowen & Co on Wednesday, April 27 with "Market Perform".

Boys & Girls Clubs Alaska CEO Alana Humphrey described, "Thanks to the support of Buffalo Wild Wings, we have the funds and resources needed to bring quality sports based experiences to youth in Anchorage".

01/27/2017 - Buffalo Wild Wings, Inc. was downgraded to " by analysts at OTR Global. The Company operates Buffalo Wild Wings, R Taco and PizzaRev restaurants, as well as sells Buffalo Wild Wings and R Taco restaurant franchises. The restaurant operator reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.27 by $0.40. Overall, Buffalo Wild Wings and its Guests donated more than 4.1 million dollars to the Boys and Girls Club of America in 2016. The firm modestly lowered its 1Q17 same-store sales and EPS estimates, though remained above consensus, given how monthly trends unfolded compared to the firm's original estimate. During the same period in the previous year, the company posted $1.32 earnings per share. The business's revenue for the quarter was up.4% compared to the same quarter past year.

Several other equities analysts also recently commented on BWLD. BMO Capital Markets reaffirmed a "hold" rating and issued a $185.00 target price on shares of Buffalo Wild Wings in a research note on Friday, March 24th. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/04/20/maxim-group-raises-buffalo-wild-wings-bwld-price-target-to-170-00.html. Oppenheimer Holdings Inc. reiterated an "outperform" rating and set a $165.00 price target (down previously from $175.00) on shares of Buffalo Wild Wings in a research report on Thursday, February 9th. Geode Cap Management Limited Liability Corp reported 0.01% of its portfolio in Buffalo Wild Wings (NASDAQ:BWLD).

Buffalo Wild Wings, Inc.is the owner, operator and franchisor of restaurants.

There are 2 sell ratings, 17 hold ratings, 8 buy ratings on the stock. BTIG does not provide price targets on Neutral-rated stocks. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of US and worldwide copyright & trademark law.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its earnings results on Tuesday, February 7th. The company's same-restaurant sales, which track how sales change at existing restaurants on a year-over year basis, have fallen for the past four quarters.

Shares rose 3.9% to 160.50 in the stock market today, retaking the 200-day moving average after closing at that line on Wednesday. Profund Ltd Limited Liability Company has 0.02% invested in Buffalo Wild Wings (NASDAQ:BWLD) for 2,708 shares.

"The status quo is unacceptable - oversight and accountability must be restored and CEO Sally Smith must be replaced", he adds.

Shouldak's position will not be filled and her team will report to the company's chief operating officer. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The stock was sold at an average price of $157.50, for a total transaction of $315,000.00. Insiders have sold a total of 4,100 shares of company stock worth $630,300 in the last 90 days. It also reduced Wisdom Tree Japan Hedged Equity Fund (DXJ) stake by 18,761 shares and now owns 551,417 shares.

02/08/2017 - Buffalo Wild Wings, Inc. had its "hold" rating reiterated by analysts at Deutsche Bank.

01/25/2017 - Buffalo Wild Wings, Inc. had its " rating reiterated by analysts at Credit Suisse. LS Investment Advisors LLC boosted its stake in Buffalo Wild Wings by 3.4% in the third quarter. Company insiders own 1.19% of the company's stock. The fund primarily invests in small- and mid-size public companies and looks for ways to make them more valuable.

In response to Marcato's latest demands, Buffalo Wild Wings touted its performance under Smith.

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