You Are Bold, Buffalo Wild Wings

• Report this Comment On April 29, 2009, at 5:19 PM, wolfhounds wrote:

  While I rec'd this article and have held the stock from $23, I'm concerned with rising costs. Wings increased over .40/lb in the 1st qtr, and continue to rise. Management, according to the transcript, more than offset those costs with other cost reduction. But labor and wing costs continue to rise, as does performance based compensation. Analysts may look past these as one time items, but these costs seem to be rising faster than same store sales.

  2nd qtr same store sales projections may have sent the stock lower. This may explain no increase in yearly growth despite a stellar 1st qtr. All things considered, I'd like to see the stock come down to the low 30's before being comfortable with adding to my position.

• Report this Comment On April 29, 2009, at 5:20 PM, bigpeach wrote:

  I truly don't understand the surge in this stock's price, or the larger surge in casual dining. Growing or not, some of the valuations being assigned to these stocks are insane in my opinion. BWLD has a P/E now of around 30. CMG is even worse at 35. They may keep growing and expanding earnings, but they just don't seem investable at this point.

• Report this Comment On April 30, 2009, at 8:09 AM, NoEmotions wrote:

  BWLD is a great stock. I bought it at $30 so I've taken some profits but still have my core initial purchase value. If it was a dividend stock I might not have taken profits.

  At any rate, I probably will add to my position later if the price drops. It is a well managed company with a good product and it is a stock that I would recommend for purchase if the price dropped to $36. (My 2 cents).

• Report this Comment On April 30, 2009, at 1:17 PM, Rediggles wrote:

  The appropriate method of valuation for this stock is discounted cash flow. Thus, this stock is not pricey. Ms. Lomax, by the way, the phrase is "dumb like a fox". If Tom Gardner's original thesis was based on BWLD getting to 1000 restaurants, then why would rapid growth when we're only at the 500 or so mark be a cause for concern? And how could you not mention how many B-Dubs there are in Ohio alone? That's the key to this stock. The Ohio Number.

• Report this Comment On May 05, 2009, at 5:06 PM, rfaramir wrote:

  Googling the two choices defends Alyce: 8,820 hits for "dumb like a fox" (including a 1941 cartoon short) versus 162,000 hits for "crazy like a fox" (including a 1984 TV series).

  Both mean basically the same thing, seemingly crazy or stupid behavior which is really very cunning. But Alyce chose the more widely used expression.

  And as far as BWLD's behavior, economically speaking, I think if they are getting really good commercial real estate prices for their new stores right now in this downturn, it is indeed brilliant; assuming they didn't jump the gun and prices don't continue to plummet.

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