Buffalo Wild Wings Case Analysis

Buffalo Wild Wings is the fastest growing restaurant chain in the United States, and this report aims to keep it that way. The company has no debt and has been fueling expansion at a pace where it doesn't incur debt. It has total cash of $83.83 million. The return on equity is 16.23%. Net earnings growth is still 15%, albeit lower than previously announced guidance. But on the Q3 call CEO Sally Smith guided for 20% for 2013. The brand is gaining name recognition as it grows to 1,000 restaurants in the US and Canada in 2013. The company has also been advertising more on TV, radio, and on the web. The restaurants offer a full bar and large selection of craft, domestic, imported beers and wine and yet are still family friendly. Corporate governance risks are low in all categories: audit, board, compensation, and shareholder rights. The menus are varied beyond just wings including burgers, salads, sides, desserts, and appetizers. Football season is in full swing and soon basketball,
Considering that Buffalo Wild Wings is a Sports Bar, it has competition with many other local “Sports Bars.” Most Sports Bars anymore have televisions all throughout the bar for the customers’ as does the Buffalo Wild Wings bars. The only thing that separates Buffalo Wild Wings Sports Bar is that they serve a full menu. By serving a full menu, this puts Buffalo Wild Wings in direct competition with other restaurants and fast food joints. Buffalo Wild Wings Grill & Bar has three main competitors, which are Brinker’s International, Carlson Restaurant, and Hooter’s. Other competitors that should be considered are Applebee’s and Ruby Tuesday’s. They are also casual dining restaurants. Hooter’s seems to be Buffalo Wild Wing’s biggest competitor since Hooter’s is also famous for their wings and has a sports theme. They are also famous for the female wait