Changing accounting firms might do it! Not as bad as a CFO exiting though! lol
FB had 400% increase in ad revenue from last year! How can you compare that with Myspace????
AMZN has been underperforming since the earnings miss! Just thinking they have to prove to the market that the up'd price in Amazon Prime will greatly increase revenues. Will this be attainable by next report? Verdict is out!
I'm not surprised the number disappointed but the market seems to have shrugged it off! no big deal!
Buffalo Wild Wings (NASDAQ:BWLD): The Super Bowl may be over but that doesn't appear to be stopping this favorite of the big game. (For fans, if not for chickens.) Shares, which surged some 3.74% yesterday, are today launched with an upbeat Buy at Longbow.
Buffalo Wild Wings upgraded to Buy from Hold at Miller Tabak
Miller Tabak upgraded Buffalo Wild Wings due to valuation, expectations for solid top-line growth, and moderating costs. Price target is $148.
Analyst Actions: Buffalo Wild Wings Price Target Raised $5, Buy Rating Holds at UBS After Earnings - Stock Reverses Opening Gain, Down 10%
BY Midnight Trader
— 11:35 AM ET 02/05/2014
11:35 AM EST, 02/05/2014 (MT Newswires) -- Buffalo Wild Wings Inc. (BWLD
) trades sharply lower near midday Wednesday, reversing a firmer start after the restaurant chain late Tuesday beat with Q4 earnings but disappointed with sales and franchise details. In reaction to those results, UBS analysts raised their price target on shares, to $170 from $165, while maintaining a Buy rating.
Buffalo Wild Wings (BWLD
) said EPS increased 23.6% to $1.10 from $0.89 in Q4 2012; total revenue increased 12.4% to $341.5 million from $303.8 million a year ago. Same-store sales increased 5.2% at company-owned restaurants and a weaker 3.1% at franchised locations. Analysts polled by Capital IQ were expecting EPS of $1.07 on revenues of $347.5 million.
UBS, in its largely upbeat note, said BWLD stands apart from other full-service chains and is positioned for same-store sales momentum because of product innovation in sauces, line extensions, and a new menu, plus its sales upside tied to World Cup viewing in 2014.
I believe that was an older downgrade that came out before the report!
make that 1.25 bil wings!
Buffalo Wild Wings Inc. (BWLD) is another company that wins from the Super Bowl, or any other huge sporting event for that matter. Wings and beer doe s not even have to be advertised. Everyone is already going there. An independent estimate, from the National Chicken Council's 2014 Wing Report, predicts that some 1.25 billion chicken wings will be devoured during Super Bowl XLVIII. McDonald's failed at buffalo wild wings, but this one succeeded handily.