Bears REASONS TO SELL
May 21, 2013
(Stock Blog Hub, 5/4/13)
We maintain our Neutral recommendation on casual dining restaurants chain Buffalo Wild Wings Inc. (BWLD). While we prefer the company’s strong brand potential and ongoing expansion...(read more)
Stocks tend to be most volatile around earnings season, when a good or bad report can make or break it. However, a good or even great earnings report doesn't necessarily translate into a huge pop for a stock. During earnings...(read more)
(Wax Ink, 2/3/13)
Wax Ink has rated Buffalo Wild Wings, Inc. (Nasdaq: BWLD) as NOT INVESTMENT QUALITY based on a recent valuation review . The stock closed recently at $75.32, approximately $30.37 above our fair...(read more)
Buffalo Wild Wings (BWLD) Company Overview
Buffalo Wild Wings, Inc. (NASDAQ:BWLD) operates a series of sports bar restaurants across the U.S., but with heavy concentration in Ohio. The company is best known for its chicken wings, which customers can customize with 14 different flavors to choose from. In 2009, the company generated $539 million in revenue and $30.7 million in net income.
Chicken prices are rising because corn, which is a major ingredient in chicken feed, has become more expensive. Buffalo Wild Wings is sensitive to the price of chicken feed - in 2009, the price for chicken wings increased from $1.22 per pound to $1.70 per pound, leading to a 30.4% increase in cost of sales for the year.(Read more at Wikinvest )
What's in this BWLD analysis on Wikinvest...