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Fly News Breaks for June 2, 2017
BWLD
Jun 2, 2017 | 15:25 EDT
After Buffalo Wild Wings CEO Sally Smith announced that she would be retiring from the company by year end or sooner and investors elected three of Marcato's four nominees to the company's board, Deutsche Bank analyst Brett Levy said he believes management can now re-focus on improving fundamentals and cutting costs. The changes also create a greater likelihood the company will accelerate its pace of change and explore other initiatives, added Levy, who keeps a Buy rating and $180 price target on the stock.
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