The following video is from Tuesday's Investor Beat, in which host Chris Hill and analysts Andy Cross and Jason Moser dissect the hardest-hitting investing stories of the day.
Buffalo Wild Wings' (NASDAQ:BWLD) first-quarter earnings fell 11% and shares slid on Tuesday. Same-store sales increased 1.4% at company-owned locations and 2.2% at franchised locations. The restaurant chain is dealing with rising chicken prices and other competitive threats. Are shares of Buffalo Wild Wings losing their appeal or is this an opportunity for investors to buy at a discount? In this installment of Investor Beat, our analysts discuss the future of Buffalo Wild Wings.
The relevant video segment can be found between 0:21 and 2:24.
Editor’s note: A previous version of this text stated that same-store sales dropped rather than increased. The Fool regrets the error.
Andy Cross owns shares of Buffalo Wild Wings. Chris Hill and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Buffalo Wild Wings. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
