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Stock impact report

Buffalo Wild Wings leans into Go takeout format as a third of sales move off premises [CNBC]

Red Robin Gourmet Burgers, Inc. (RRGB) 
Last red robin gourmet burgers, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.redrobin.com
Company Research Source: CNBC
BWW Go sells the chain's famous chicken wings and other classic menu items, but its locations are smaller and limited to delivery and takeout orders. For the sports bar chain, it's a way to make its brand even more ubiquitous, while offering customers more convenience. Since 2018, Buffalo Wild Wings has been a part of Inspire Brands, which is backed by private equity firm Roark Capital. Initially formed after a merger between BWW and Arby's, Inspire has since added other chains including Sonic Drive-In, Jimmy John's, Dunkin' and Baskin-Robbins. Inspire is reportedly considering going public in late 2024 or 2025 and seeking a valuation of $20 billion. BWW is the second-largest U.S. casual-dining chain in the bar and grill category with a market share of 14.4%, trailing only Dine Brands' Applebee's, according to Barclays research. It's carved out a chicken wing dominance among its closest competitors, serving more than 3 million gallons of ranch and blue cheese dressing in 2023. Show less Read more
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