-
Bullish Thesis Takes Flight Again For Wingstop
Friday, May 5, 2017 - 10:59am | 378Wingstop Inc (NASDAQ: WING)'s first-quarter earnings report impressed Wells Fargo's Jeff Farmer, who noted the company's bullish thesis is "back on track." Wingstop reported earnings per share of $0.22 in the first quarter, which came in six cents better than expected, although system-wide same-...
-
Buffalo Wild Wings Spokesperson: Insider Transactions Highlighted By Marcato Are 'Executed Under Preexisting Plans'
Friday, March 10, 2017 - 1:22pm | 564Buffalo Wild Wings (NASDAQ: BWLD), which is facing serious fundamental issues with wing price inflation the chief among them, is up against a graver threat. Nothing More Than What Meets The Eyes Activist investor Marcato is breathing down its neck, taking it to task for insiders selling shares...
-
Wings Clipped: How Chicken Wings Became Chicken Wing Restaurants' Biggest Headwind
Friday, March 10, 2017 - 9:54am | 710Wing price inflation is taking the wind out of the sails of chicken wing restaurants. And the proof is there to see, with some big names in the space reporting abysmal fourth-quarter results, blaming them on wing price inflation. Chicken wing frenzy reaches the peak during the football season,...
-
Buffalo Wild Wings Hoping Wing Price Inflation Will Peak In October
Monday, October 10, 2016 - 11:24am | 376BMO Capital Markets said it continues to believe that Buffalo Wild Wings (NASDAQ: BWLD)'s wing price inflation is nearing peak levels and that the outlook for wing prices remains favorable. Rising Wing Price Inflation Analyst Ryan Royce noted that wing prices remained inflationary this week, as it...
-
Football Season Brings Inflation To Wing Prices; BMO Stays Positive On Buffalo Wild Wings
Monday, September 12, 2016 - 3:42pm | 263Football and wings go hand in hand. Now that the season is in full swing, wing prices have remained inflationary, increasing 9–10 percent above year-ago levels, to $1.65. According to BMO, "The acceleration in wing price inflation likely reflects strong seasonal demand ahead of the football...
-
Buffalo Wild Wings Continues To Reap Benefit Of Low Chicken Wing Prices
Monday, July 11, 2016 - 2:59pm | 211Deflationary wing prices could provide a nice cushion for restaurant chain Buffalo Wild Wings (NASDAQ: BWLD) earnings in the second half of the year. Last week marked the eighth consecutive week of falling wing prices, at levels 7–8 percent lower than year-ago prices, sitting around $1.46....
-
Wingstop Shares Initiated At Outperform By Wedbush
Thursday, July 7, 2016 - 2:54pm | 436Wedbush sees 24 percent upside in Wingstop Inc (NASDAQ: WING) shares, starting coverage of the stock with an Outperform rating and $35 price target. Dallas, Texas-based Wingstop is a franchiser and operator of restaurants specializing in cooked-to-order, hand-sauced and tossed chicken wings. Broad...
-
Buffalo Wild Wings Purchases 41 Restaurants: Here's What Two Analysts Are Saying
Friday, June 12, 2015 - 12:53pm | 397Buffalo Wild Wings (NASDAQ: BWLD) on Thursday announced its plan to acquire 41 franchise units across three states for $160 million. Here are what two of Wall Street's top analysts are saying: Sterne Agee CRT: Acquisition Should Be Accretive To Earnings Lynne Collier of Sterne Agee CRT...