Buffalo Wild Wings (NASDAQ:BWLD) announced that it raised more than $540,000 as part of its annual Community Day fundraiser that supports local Boys & Girls Clubs through the Team Up for Kids™ mission. On April 22, 2015, 746 restaurants donated 10 percent of their total in-restaurant sales to support youth sports opportunities at Boys & Girls Clubs in their community, while Guests made additional donations. This year’s Community Day fundraising total represents an increase of nearly 50 percent over 2014.
Participating restaurants hosted a variety of activities to encourage Guest participation in Community Day, such as games, raffles, stunts, wing-eating contests, and participation by local Boys & Girls Club members and ALL STARS cheer teams.
“Community Day is a fantastic opportunity to connect our restaurants with their local Boys & Girls Clubs and partner with our Guests in our vision to build communities where all kids can thrive, compete and belong to a team,” said Mary Twinem, executive vice president and chief financial officer of Buffalo Wild Wings. “We are so thankful for the tremendous participation this year, which means we’ll be able to create even more opportunities for kids and support Clubs and their critical youth programming.”
To further extend its support of the Boys & Girls Club of America (BGCA), the B-Dubs Sauce Lab is bringing back some “Limited Time Offer” sauce favorites this fall. Now through May 15, fans can vote on Twitter and tell Buffalo Wild Wings which flavors should be back by using #BWWSauceVote. The winning sauces will be featured in-restaurant, and available for purchase in bottles. Buffalo Wild Wings will donate a portion of sauce bottle sales to BGCA as part of its Team Up For Kids mission. The sauces competing for a comeback include: Sriracha Sizzle, Wicked Wasabi, Honey Ginger Kick, Big Easy (Bourbon Honey Mustard), Classic Margarita, Ghost Pepper, Korean BBQ, Chipotle Cherry Sting, Smoldering Santa Fe and Buttery Maple.
Now in its third year, Buffalo Wild Wings’ Team Up for Kids mission and partnership with BGCA supports youth sports through ALL STARS grants for hundreds of flag or tackle football and cheerleading teams at Boys & Girls Clubs across the country – and, new in 2015 – basketball teams. It also provides Team Up for Kids™ grants of $25,000 to support special Club projects such as sports field and other facility renovations. In 2014, Buffalo Wild Wings’ partnership enabled more than 28,000 kids to participate on flag and tackle football and cheer teams. The company also awarded Team Up for Kids grants to 10 Clubs across the country. In total, Buffalo Wild Wings donated more than$1.8 million in 2014 to BGCA and will donate at least $1 million each year through 2017. (Original Source)
Shares of Buffalo Wild Wings closed last Friday at $156.76 . BWLD has a 1-year high of $195.83 and a 1-year low of $122.15. The stock’s 50-day moving average is $175.35 and its 200-day moving average is $175.54.
On the ratings front, Buffalo Wild Wings has been the subject of a number of recent research reports. In a report issued on April 30, Miller Tabak analyst Stephen Anderson upgraded BWLD to Buy, with a price target of $199, which implies an upside of 26.9% from current levels. Separately, on the same day, Robert W. Baird’s David Tarantino upgraded the stock to Buy and has a price target of $190.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Stephen Anderson and David Tarantino have a total average return of 15.7% and 14.0% respectively. Anderson has a success rate of 76.9% and is ranked #134 out of 3596 analysts, while Tarantino has a success rate of 66.7% and is ranked #693.
The street is mostly Bullish on BWLD stock. Out of 9 analysts who cover the stock, 6 suggest a Buy rating , 2 suggest a Hold and one recommend to Sell the stock. The 12-month average price target assigned to the stock is $200.00, which implies an upside of 27.6% from current levels.
Buffalo Wild Wings Inc and itssubsidiaries operatesrestaurants as well as selling Buffalo Wild Wings and Rusty Taco restaurant franchises. The Company offersoffers dining and bar areas that provide distinct seating choices for sports fans and families.