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Fly News Breaks for June 8, 2017
BWLD
Jun 8, 2017 | 07:42 EDT
Oppenheimer analyst Brian Bittner lowered his 2017 earnings per share estimate for Buffalo Wild Wings to $5.12 from $5.50, below the consensus estimate of $5.49, citing cost pressures and the negative impact to same-store-sales from the shorter NBA playoff series. The analyst, however, keeps unchanged his 2018 estimate due to expected benefits to margins. Bittner keeps an Outperform rating on shares of Buffalo Wild Wings with a $165 price target.
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