Why Buffalo Wild Wings Stock Fell 15% in July
Shares of Buffalo Wild Wings (NASDAQ: BWLD) fell 15.2% in July 2017, according to data from S&P Global Market Intelligence.
The operator and franchisor of the chain of family friendly sports bars was already walking uphill as it prepared to release second-quarter results on July 26, trading down 3% due to widespread signs of trouble in the casual dining sector. The report itself didn't help matters as B-dubs delivered earnings of $0.66 on an even $500 million in top-line sales but analysts had been looking for $1.05 per share and $513 million, respectively. The stock closed the next day another 10.2% lower.
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Source: Fool.com
