Buffalo Wild Wings (BWLD) PT Lifted at UBS Despite EPS Miss; Results Strong Vs. Tough Comp
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Jefferies Raises Price Target on Buffalo Wild Wings (BWLD) Following 2Q EPS Miss
July 29, 2015 10:01 AM EDTJefferies reiterated a Hold rating on Buffalo Wild Wings, Inc. (NASDAQ: BWLD), and raised the price target to $182.00 (from $172.00), following 2Q results. 2Q EPS of $1.12 missed consensus estimates of $1.28.
Analyst Alexander Slagle commented, "2Q EPS $1.12 (-10%) missed cons $1.28 on higher labor & wing costs, while... More
Buffalo Wild Wings (BWLD) Misses Q2 EPS by 14c
July 28, 2015 4:05 PM EDTBuffalo Wild Wings (NASDAQ: BWLD) reported Q2 EPS of $1.12, $0.14 worse than the analyst estimate of $1.26. Revenue for the quarter came in at $426.4 million versus the consensus estimate of $429.79 million. Same-store sales increased 4.2% at company-owned restaurants and 2.5% at franchised restaurants
Sally Smith, President and Chief Executive Officer, commented, Solid sales performance in the second quarter was offset by a challenging cost environment. Our second quarter same-store sales were 4.2% at company-owned restaurants and 2.5% at franchised locations. This spring we created World of Sports, which highlighted the playoffs, women's World Cup, and unique sports from... More
