In April, Buffalo Wild Wings checked the vitals of its Blazin’ Rewards program. The results were promising. More than 1.6 million guests were signed up at around 1,000 units, and over 21 percent of sales were tied to those loyalty member checks.
The refranchising of Buffalo Wild Wings has kicked into gear. The chicken-wing chain announced Monday that is now offering 83 company-owned restaurants for sale. These stores are located in Canada, Central and Eastern Pennsylvania, Northeast U.
Following Buffalo Wild Wings CEO Sally Smith’s announcement that she will retire at the end of this year, investors seem to be optimistic in Marcato Capital Management’s plan for the future of the brand.
Someday, Friday’s shareholder meeting will occupy a notch in Buffalo Wild Wing’s history as a restaurant company. The event signaled the end of a 21-year era and ushered in an unknown, and previously beleaguered, entity.
As management differences escalate between Buffalo Wild Wings and activist investor Marcato Capital prior to the company’s annual shareholder meeting June 2, CEO Sally Smith issued a letter defending the company’s approach.
Buffalo Wild Wings believes the criticism levied against its brand by activist investor Marcato Capital Management is based on “flawed assumptions.” And in a letter sent to shareholders on Monday, the company presented a picture of what life could be like under a plan it calls “speculative, aggressive or simply impossible.
Buffalo Wild Wings is fighting back. The casual dining chain, which has been under consistent fire from an activist investor in recent months, sent a letter to shareholders Thursday defending its company’s performance and strategic plans for growth.
Buffalo Wild Wings shouldn’t be worried about activist investors, it should be concerned with chicken wing prices.Although the brand reported increases in sales and revenue for the first quarter of 2017, the chicken brand faces challenges in its cost of sales.
If Buffalo Wild Wings was hoping to deal a strategic blow to its vocal opposition, Wednesday’s financial report likely didn’t do the trick. But there were some positives to build on.The chain reported first-quarter adjusted earnings of $1.
A contentious and often ugly battle between Buffalo Wild Wings and activist investor Marcato Capital Management reached a boiling point. Marcato founder Mick McGuire is calling for CEO Sally Smith’s removal, saying that the board has “blindly stood by management,” according to an SEC filing and a letter sent to shareholders.
This probably wasn’t the kind of March Madness Buffalo Wild Wings was hoping for.As the sports-centric chain unrolls its ambitious NCAA Tournament marketing campaign, a battle between its management and an activist investor is unraveling on the public forum.
Buffalo Wild Wings, Inc. announced Janice L. Fields and Sam B. Rovit have been nominated to stand for election, joining Cynthia L. Davis, Andre J. Fernandez, Harry A. Lawton, J. Oliver Maggard, Jerry R.
Net earnings dropped by 38.2 percent in the fourth quarter of 2016 for Buffalo Wild Wings as the brand looks to boost sales in 2017 through various sales initiatives.Same-store sales decreased 4 percent at company-owned restaurants and 3.
In support of Boys & Girls Clubs of America, Buffalo Wild Wings is donating a total of $1.1 million raised during the month of October through the annual Team Up for Kids fundraiser. These funds will go to support Buffalo Wild Wings' national partnership with Boys & Girls Clubs of America, focused on youth sports programs and select facility improvement projects at Boys & Girls Clubs across the country.
Buffalo Wild Wings, Inc. announced that Santiago Abraham will assume the role of chief information officer, effective December 5. As CIO, Abraham will be responsible for the company’s technology strategy, policies, processes and practices to support its evolving business.