Preview

Buffalo Wild Wings Case Analysis

Good Essays
Open Document
Open Document
504 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
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, …show more content…
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

You May Also Find These Documents Helpful

  • Good Essays

    It’s the twenty-first century, the world of food is being taken to new levels. The competition that now lies within the food universe is taking food quality to an all-time high. Individuals all around the planet have different restaurants that they claim to be the best. One of those highly worshipped restaurants is Buffalo Wild Wings. People claim that they have the best wings around, that is what a person would at least think with a name like that. Although Buffalo Wild Wings is said to be one of the best restaurants around, they are actually one of the most overrated.…

    • 1291 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Ruth Chris

    • 969 Words
    • 4 Pages

    Ruth’s Chris Steak House was looking for a new business strategy focusing on continued growth of franchise and company-operated restaurants in 2004. Since it was currently a publically owned company, Ruth’s Chris Steak House had to meet Wall Street’s expectations for revenue growth. The question was, “How will we do this?”…

    • 969 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Kfc vs Boston Market

    • 261 Words
    • 2 Pages

    The companies I used for my observations are KFC and Boston Market. Both restaurants specialize in chicken meals but the two companies take very different approaches to gain the competitive advantage over the competition. KFC is most known for its fried chicken original and spicy Dark or light meat. Boston market is known for its Rotisserie style chicken original and spicy light or dark meat. They’re both easy on the wallet and have menu options for individual meals and family meals. The two companies are products are very similar in pricing. The two fast food restaurants are similar when it comes to customer service and store conditions, you will find that both companies place customer service in high regards, But the two companies show different store lay out styles. Boston Market lay out is very simple and seems and more for adults While KFC uses more colors and logos for their store lay outs. Boston market products seem to be more home style and health conscience meals. KFC Products are focused on convenience and are less health conscience because most of their products are fried, but in recent times KFC has added new menu items that are not fried but grilled and are also healthier options than what was offered in the past. For my decision I pick Boston Market for having the advantage because of its simple store lay out and its health conscience menu items and better drink selection. For me it’s not what products company sells but how the company sells its…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Chipotle Mexican Grill has emphasized on their customers and are not afraid to remain sincere and acknowledge their errors, even when they are losing revenue. Last year Chipotle went through a crisis where they force the chains to close serval of restaurants due to a norovirus outbreak. Other food-borne illness cases were also related with Chipotle restaurants that includes E.coli, and salmonella. As a consequence, the company is under investigation. Also their sales and stocks have decline because of the outbreaks that occurred.…

    • 390 Words
    • 2 Pages
    Good Essays
  • Good Essays

    All over the world, Fast Food Restaurants have begun to become progressively popular each day. Depending on peoples, favorite foods to eat usually determine their favorite Fast Food Restaurant. Zaxby’s and Chic-fil-A both have many similarities and differences. The many similarities and differences that fall into the category between Fast Food Restaurants are their foods, pricing, and franchises.…

    • 575 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    We are in NFL season! Wouldnt it be great to watch the game with a plate of chicken wings? I say Yes! Therefore, visit Buffalo Wild Wings. They have a wide range of flavors which I love. You can find the chain restaurant almost anywhere. I usually eat at Buffalo Wide Wings at Forrest Hils just because it is closer to me. I recommend to be extremely patient. They usually don't have enough waiters for a number of people that go to eat there.I usually wait 10 to 30 minutes just to get a table, then 30 to 60 minutes for the waiter to arrive with the food. Although it takes forever I still see myself gravitating to the restaurant when I'm craving wings. The menu has different prices for the wings, it all depends on a number of wings.Usually, prices…

    • 316 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Pricing strategy 40 Budget 42 Start Up/Grand Re-Opening 44 Request for Financing 45 Repayment Plan 45 Debt Repayment Contingency Plan 45 Risk Analysis 45 Exit Strategy 45 Identified thresholds 45 Policies for Dealing with Shortage or Over Budget Situations 46 Planning and Uncertainty 46 Appendices: 47 Resumes 47 Personal financial statement 47 Outstanding loan documents 47 Insurance 47 Capital equipment list 47 Legal documents 47 Other items 47 Table of Figures Figure 1: BSB Full Service Restaurant supply vs. demand 11 Figure 2: Eating & Drinking Household Expenditures in the U.S. (in Millions of Dollars) 13 Figures 3A & 3B: Illustration of US Restaurant Industry Growth & Sales 13 Figure 5A: Silver Bow County Percent of Consumers per age group 2014. 20 Figure 5B: Silver Bow County percentage of consumers per age group 2019 forecast. 20 Figure 6:…

    • 8342 Words
    • 33 Pages
    Powerful Essays
  • Satisfactory Essays

    The Marketing Manager of Lucas Foods must decide on a marketing strategy for Gold Medal Crumpettes that will best capture the available market opportunities and support the company's mission, The product is in the beginning of the life cycle and is a success in Alberta. The problem is whether Lucas Foods should maintain the products existing geographic coverage, or should it expand?…

    • 309 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Boston Chicken Essay

    • 3549 Words
    • 15 Pages

    Dual-income families are searching for an affordable alternative to preparing meals at home. Boston Chicken satisfies this need by preparing food that customers view as high quality, healthy and convenient. This home meal replacement is a hit with value-customers” (Palepu, 2013). Roger Lipton on the other hand has a different point of view. Lipton feels that “the quality of earnings is very low, since all of Boston Chicken’s income comes from fees, royalties, and interest payments from franchisees, most of whom were financed by the franchiser” (Palepu, 2013). Looking at the company’s income statement, Boston Chicken shows tremendous financial results, but once a more detailed look into the financial statements is taken, specifically with respect to the financing activities, the circumstances change. To provide financing for its rapid growth, Boston Chicken went public in November of 1993. Boston Chicken raises money by issuing stock and issuing of debentures, which they then lend to its franchisees. This creates a problem because there is a high risk that the franchisees will not return the money owed on the loan and the interest on the loan is high. The reason for the high risk is that the franchisees will not be able to return the money on the loan is because many of the franchises they were loaning money to were not profitable. According to Lipton, actual average weekly sales were only $18,900 per store, implying that franchisees were losing money (Palepu,…

    • 3549 Words
    • 15 Pages
    Better Essays
  • Powerful Essays

    Steak N' Shake

    • 3159 Words
    • 13 Pages

    Steak ‘n Shake has been funding investing and financing activities internally with operating cash flows and a decrease in cash. This internal funding caused a decrease in liquidity. All of Steak ‘n Shake 's activity ratios were below the RMA industry bottom quartiles. The debt ratios were usually between the upper quartile and the median. Profitability ratios started slow with gross profit margin well below the industry average, however, rebounded with net profit above the industry average. The DuPont analysis revealed that competitors…

    • 3159 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Training at headquarters 4weeks, at location 1 week & as needed; to operate business estimate 8-10 employees; absentee ownership franchise is allowable; presently 95% owner/operated; the continuous support through-meetings, internet, grand opening, security procedures, etc.; additionally, marketing support-advertising. Company Owned: 24…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Chick-Fil-A’s positioning is the act of designing a company’s offering and image to occupy a distinctive place in the minds of the target market. Chick-fil-A has also reinforced its brand positioning by tapping into its customers emotional response. Many marketing experts believe that a good positioning should appeal to both the head and the heart. They always had a very strong religious stand since the early days of the company, which aid distinguish the brand from its competitors. The company’s Christian based values play a major role in its image around America. One may question that closing on Sunday is a competitive advantage as any competitor could do likewise, although competitive advantage is not easily duplicated, but perhaps their…

    • 164 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Buffalo Wild Wings

    • 265 Words
    • 1 Page

    A second reason I am interested in learning more about Buffalo Wild Wings is because it is based out of Minnesota. When we were assigned this paper, I did a Google search of Minnesota companies that are publically traded. I had no idea Buffalo Wild Wings was based out of Minnesota. That intrigued me a little bit.…

    • 265 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Evaluation

    • 688 Words
    • 3 Pages

    Honestly the reason why I love Hooters is because of the food and drinks. I personally think Hooters wings are the best, they have tasty sauce and the chicken is delicious. Even though they are famous for the wings all of their other choices on the menu are amazing such as fried pickles, tator tots, buffalo…

    • 688 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Mcdonald's Case Analysis

    • 1888 Words
    • 8 Pages

    About everyone at some age, at some point or another, and in some country has gotten a sample of American's symbol for fast food through the golden arches of McDonald's. This report will attempt to analyze the external and internal sectors that affect the company's success. The external analysis will provide opportunities and threats while the internal analysis will show indicators of strength and weakness. It will then follow up with critical issues, strategic alternatives, recommendations and implementation. The case studied is found in Appendix 2 of Mary Coulter's "Strategic Management in Action" book.…

    • 1888 Words
    • 8 Pages
    Good Essays