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Stock Market & Financial Investment News

News Breaks
February 1, 2013
10:28 EDTBWLDBuffalo Wild Wings advances after KeyBanc ups rating to Buy
Buffalo Wild Wings (BWLD), a casual dining chain, is climbing after KeyBanc analyst Christopher O'Cull upgraded the shares to Buy from Hold in a note to investors earlier today. Several risks are already priced into the stock, whose valuation is currently compelling, O'Cull wrote. Specifically, the shares already reflect investors' fears that the company will report lower than expected 2013 earnings per share due to rising chicken wing prices, O'Cull contended. However, the company can protect its margins and earnings by selling chicken wings on a per plate basis, instead of by the wing, the analyst believes. Moreover, the profitability of Buffalo Wild Wings' newer restaurants on the coast should rise as they gain greater efficiencies, according to O'Cull. Finally, the analyst, who has an $85 price target on the shares, doesn't expect the company to lower its 2013 earnings per share guidance. In mid-morning trading, Buffalo Wild Wings climbed $1.95, or 2.66%, to $75.50.
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April 15, 2014
08:09 EDTBWLDBuffalo Wild Wings uses NCR online ordering across all restaurants
NCR (NCR) announced that Buffalo Wild Wings (BWLD) has selected the NCR Aloha Online Ordering solution for its 1K company-owned and franchised locations to help drive its takeout ordering business. Adding online ordering functionality to its existing NCR technology solution will enable Buffalo Wild Wings to manage both on and off-premise transactions within one system. Aloha Online Ordering enables Buffalo Wild Wings customers to order online and avoid wait times on the phone. Their payment information is securely stored for future orders and they can review their order. All web orders are instantly distributed to the appropriate store and then routed to the kitchen.

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